Looking at the recent movements of SCBTC , several major supportlevels has been formed in the recent rise. SCBTC has also shown to adhere to supports and resist levels in the past.
The recent dip below 38% opens up for several harmonic patterns to form, all of which leads to a bullish movement upon completion. This coincides with consolidation before further growth. Eyes open for completion and trade with care. Stoploss goes at X impulseleg, and targets are 38-61% of XA.
The recent dip below 38% opens up for several harmonic patterns to form, all of which leads to a bullish movement upon completion. This coincides with consolidation before further growth. Eyes open for completion and trade with care. Stoploss goes at X impulseleg, and targets are 38-61% of XA.