SCBTC - Is accumulation phase nearing end? Update - Long
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This is update to my previous chart with more information regarding the breakout in relation to time.
Looking at past accumulation phases, each phase lasts around 10 days approximately.
After each peak, SC makes a new bottom fluctuating between 0.5 - 0.618 levels . After an accumulation period lasting nearly 10 days, it surges upward to make a new high.
Link to my prev SCBTC chart -
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SC doing really well at the moment. Hope everyone is reaping profits :) More to come...