📢 $SCR / $USDT | 🟢 LONG | ⭐ 73.1%
🎯 Goal: $0.02372. Do we make it?
🎯 Trading levels:
🟢 Entry: $0.02272
🛑 Stop Loss: $0.02212
🏁 TP1: $0.02372
🏁 TP2: $0.02392
🏁 TP3: $0.02432
📈 Analysis:
The asset $SCR shows a multi-timeframe bullish alignment, with a solid structure where the EMAs 20, 50, and 200 maintain a clear uptrend configuration. The ADX at 27.92 confirms moderate trend strength, while the bullish MACD crossover (an indicator that measures price momentum) and an RSI at 60.73 validate the continuation of the move after the confirmed double-bottom pattern.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical confidence: 4/5
The thesis is invalidated if the price breaks through support at $0.02212 with selling volume, nullifying the structure of higher lows. It’s crucial to monitor that the price stays above the entry level to seek liquidity above the VAH (Value Area High) at $0.02333.
Do you think the double-bottom structure is enough to break the immediate resistance at $0.02333?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #SCR #trading #Futures #Bullish
🎯 Goal: $0.02372. Do we make it?
🎯 Trading levels:
🟢 Entry: $0.02272
🛑 Stop Loss: $0.02212
🏁 TP1: $0.02372
🏁 TP2: $0.02392
🏁 TP3: $0.02432
📈 Analysis:
The asset $SCR shows a multi-timeframe bullish alignment, with a solid structure where the EMAs 20, 50, and 200 maintain a clear uptrend configuration. The ADX at 27.92 confirms moderate trend strength, while the bullish MACD crossover (an indicator that measures price momentum) and an RSI at 60.73 validate the continuation of the move after the confirmed double-bottom pattern.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical confidence: 4/5
The thesis is invalidated if the price breaks through support at $0.02212 with selling volume, nullifying the structure of higher lows. It’s crucial to monitor that the price stays above the entry level to seek liquidity above the VAH (Value Area High) at $0.02333.
Do you think the double-bottom structure is enough to break the immediate resistance at $0.02333?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #SCR #trading #Futures #Bullish
