I see a great opportunity to enter this trade between 250-270 sat. There is a strong supply zone at 450. I'll be looking to secure some profits around then.
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Price may go as low as 225 if you want to play it tighter
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You see consolidation. I see profits being taken at the supply zone. Don't let that trend line through you off. It's a trend line, nothing more. Just indicates trend. I mentioned in a different post that SC was going to hit 400 before coming down which it has. But it's not moving up for a reason. The reason is there is a demand zone that is left behind that has to get filled first.
These aren't to promote fud. It's to help you manage your profits and your trades
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Zones are working. Given the market and SC's recent growth. I see further decline in price towards 270 sat range.
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