First time breaking weekly highs (close) since 2018. There was already had a test and rejection and now have the continuation back into resistance. On a lower timeframe this looks like a W-Reversal or a cup & handle depending on the base.
The SCRT/BTC Pair looks bullish to me and has a lot of strength on top of support. Momentum play. SCRT/BTC Chart below.
Outside of the technical aspect, SCRT is the
Likely to gain more popularity now due to the privacy feature. I also have been noticing a lot of social interaction. NFTs are being added to the network --> integration w Opensea. Adding to this, there is also the Supernova Mainnet launch on Nov. 7. This could create a sell the news event, meaning people will be accumulating until then = price rise then dump. Or the news simply creates more FOMO and more people buy.
There is also not much CEXs with USDT pairs (Only SCRT/BTC or ETH). Not exactly certain how a USDT listing on a popular CEX would impact price but that is also something to keep in mind.
The SCRT/BTC Pair looks bullish to me and has a lot of strength on top of support. Momentum play. SCRT/BTC Chart below.
Outside of the technical aspect, SCRT is the
- - first blockchain with data privacy by default
- pioneered private smart contracts(Secret Contracts)
- transactions all private
Likely to gain more popularity now due to the privacy feature. I also have been noticing a lot of social interaction. NFTs are being added to the network --> integration w Opensea. Adding to this, there is also the Supernova Mainnet launch on Nov. 7. This could create a sell the news event, meaning people will be accumulating until then = price rise then dump. Or the news simply creates more FOMO and more people buy.
There is also not much CEXs with USDT pairs (Only SCRT/BTC or ETH). Not exactly certain how a USDT listing on a popular CEX would impact price but that is also something to keep in mind.
บันทึก
SCRT/BTC 4HSCRT/BTC 1D
SCRT/BTC 1W
บันทึก
add entries.
คำจำกัดสิทธิ์ความรับผิดชอบ
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คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน