This is the weekly chart. You can plainly see the 9 marking the all time high (as it is intended to do).
Now we have a 9 that could potentially mark the low!
Check it out! The daily syncs up with the weekly and we have a 9! Also, the daily 9s marked 2 major highs!
Now on each chart, check how oversold it is on the RSI stoch!
disclaimers, I bought some of this upon seeing this epic setup. I am not a financial advisor.
And now it made an epic fall of 25% to 125 satoshi. How low can it go?
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SC is back at it's long-term support level of $0.006. Along with the RSI pointing to oversold and 9 consecutive days of lower lows, this could be setting up for a change in trend. Any new updates on the project or development though? I love the idea of distributed decentralized storage (Pied Piper!), but haven't seen too much usage on the platform yet.
Thanks for spotting the chart!
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