According to RSI
, Siacoin is heavily accumulated by whales and the selling pressure is decreasing by time. On the weekly basis, It is showing a bullish
Divergence, which simply means a BIG BIG PUMP is coming in the near future. Also, MACD
is supporting the RSI
in the buying direction.
Risk/Reward RATIO is very good here.
Suggestion: Siacoin is showing bullishness since january. So, take entry after it breaks 79 satoshi resistance line.
My targets are 415-430 (4x-5x)
Type: Mid term (1-3 months)