SC has recently broken the downtrend and has shown some positive upwards movement. Looks like it will have to break out of this triangle to continue moving up.
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Well that happened a lot quicker than I anticipated! Happy days.
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Possible inverse H&S signalling more upwards movement. Probably a small dip first.
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Also potential flag?
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Expect a bounce off the bottom of the flag. Over 40 btc hanging there waiting to get in.
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Another 85 btc between the bottom of the flag and the red line at 390 sats.
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Make that 100 btc. People want in now. hahaha
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The elastic band is stretching, stretching. Stoch RSI is signalling that SC is oversold. And there's 107 btc between 395 and 390 sats.
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FYI I'm using a 15 min chart because this is probably going to start moving pretty quickly soon.
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Interesting...30 btc just appeared at 401 sats. Bears making a push?
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The Battle of 400 begins. 55 btc at 401 sats.
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Okay bears, you win this round. Let's see if SC can hold the trend line.
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Accumulation, check. Ichimoku, check. RSI, check. We are almost ready :)
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Hoping for a slow build. If this pops too quickly and escalates outside the Bollinger Bands we will probably drop back down.
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Hugging this support line pretty tight