Scotty The Ai Price Prediction: SCOTTYAIUSD Price Could Experience an Upside Reversal Soon

Scotty The Ai Price Prediction – January 20

The Scotty The Ai price could experience an upside reversal soon as the selling pressure reaches an exhaustion stage. The coin may reverse in a bullish direction for another likely upward surge. Thus, if buyers can show their strength and trade hands with sellers at the current support level of $0.0018, the crypto price may retrace to retest the previous high of $0.0210 and even further, indicating a bullish trend, fueling the surge in the coin price.

Technical indicators:
Key Resistance Levels: $0.0028, $0.0029, $0.0030
Key Support Levels: $0.0018, $0.0017, $0.0016

SCOTTYAI/USD Long-term Trend: Bearish (Daily Chart)

Scotty, the AI pair is in a bearish posture and could experience an upside reversal soon as the market seems oversold in its higher time frame. The coin price is below the moving average line, indicating a bearish trend due to the inflow from sell traders.
The bears’ sustained pressure at the $0.0020 support level in the last session contributed to the market’s bearishness at its recent low.

Today, the SCOTTYAIUSD price fell below the moving averages to a support level of $0.0018 as the daily chart commences.

Given the current trend, buyers may purchase the asset at a lower cost and push the market higher. Thus, if the bulls raise their level of market tension, the price tendency will climb over the crucial levels.

Further, Scotty, The Ai price is likely going to experience an upside reversal and face resistance as the market is already oversold, suggesting that the selling pressure will end soon. As a result, buyers will be compelled to resume an uptrend and may likely break up the $0.021 supply level soon in its long-term outlook.

SCOTTYAI/USD Medium-term Trend: Bearish (4H Chart)

According to the chart below, the medium-term outlook for SCOTTYAIUSD shows that the price could experience an uptrend reversal as the selling pressure is winding up. The coin price is below the supply levels, indicating a bearish market.
The bears’ pressure at a $0.0020 low value in the last few hours has dropped SCOTTYAIUSD price beneath the supply trend lines in its recent low.

The Scotty Ai price dropped to the $0.0018 support level beneath EMA-50 as the 4-hourly chart resumes today and may experience an upside reversal soon. Nevertheless, traders might seize this opportunity to invest in the coin at a lower rate for more gains.

Thus, if buyers eventually wrestle trend control from sellers and rebound from $0.0018 support, a positive breakout above the $0.0024 peak level is needed to confirm the potential Bull Run.

Furthermore, the Scotty Ai pair could experience an upside reversal soon as the market is below the 5% range of the daily stochastic, indicating an oversold market and a possible reversal at the $0.0018 current support.

In light of this, a breakout above the resistance level to reach the $0.024 high level might be possible soon and expose further to a $0.021 upper high level in the days as it remains on the verge of reversal in its medium-term outlook.

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