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AlanSantana
Dec 3, 2018 9:54 PM

Siacoin (SCBTC) 800% Profits Potential (Bottomed Out) 

Siacoin / BitcoinBittrex

Description

Siacoin (SCBTC) is now hovering around strong support... Bottomed out.

We are looking at Siacoin at prices which were available back in October 2017, more than a year ago. So SCBTC removed all gains from its past bull run.

Let's take a look at the signal and see why this altcoin is about to move up:

  • RSI hit oversold, bears has sold, sold and sol.
  • Bullish divergence showing up on the RSI and MACD. The RSI divergence is more pronounced and stronger.
  • The TD Sequential has completed a full negative 9 count:
  • Volume is yet to build up and there are no breakout signals. This is friendly and early warning. Still nothing going on but keep an eye as soon Siacoin will move up strong.


Hit LIKE if you enjoyed this analysis... Many more will come.

Thanks for reading.

Enjoy your day.

Namaste.

Comment

SCBTC Trade:
Comments
heya
I think 800% Loss Potential is more likely
DenysKovryzhenko
@heya, 100%
Avery_Upton
Thanks Mr Masters. I think you're a legend. Haters gonna hate!
AlanSantana
@dill_doe, Thanks a lot for the support.
aloha22
still a Big Cap, but is a Mineable Coin ... Watching this! thank you Alan...
AlanSantana
@aloha22, My pleasure. Thanks for the comment.
Timothie_Roggers
was tempted to buy in until I saw this, if alan is telling you to buy there is at least another big drop left. buy in 55 I reckon
devilninja777
Technicals are good.. but is it a dead coin? anything fundamentally good about it? It pretty much re-traced all the way back to pre-2017 rally... so as long as there's something going on with this coin it's tempting
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