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 -
More to come...
Yeah definitely in long term, however some resistance is to be expected before that.