Look at the upper wick on $SCRT today.
Price spiked up to 0.018 before giving almost all of it back, dropping 22.83% down to 0.0071. That creates a brutal 159.15% high-to-low range, with 24h volume crossing $1.5M. When price pulls back this close to the 0.0067 low, chasing fast moves gets dangerous.
What is your strategy when a chart prints this kind of spread? #SCRT #CryptoTrading
Price spiked up to 0.018 before giving almost all of it back, dropping 22.83% down to 0.0071. That creates a brutal 159.15% high-to-low range, with 24h volume crossing $1.5M. When price pulls back this close to the 0.0067 low, chasing fast moves gets dangerous.
What is your strategy when a chart prints this kind of spread? #SCRT #CryptoTrading
