Siacoin ( SCBTC ) has found support just below the 0.786 Fib. retracement level.
We also have a falling wedge pattern breaking out bullish .
With its price trading above MA200, there is potential for a bullish wave to develop here.
I've mapped up to 170% in potential profits for the second target.
We remain bullish above the 10 satoshis (0.00000010) low. Any trading above this level and we remain bullish long-term on Siacoin vs Bitcoin ( SCBTC ).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.