Tin.Foil

SC (Sia Coin) +79% to $0.125 over the next 4-5 hours

Long
Tin.Foil Updated   
BITTREX:SCUSD   Siacoin
Sia Coin is going through the typical bullish flag motions. Expect a target of +79% once it breaks from the flag and moves upward.

So far it has not fallen to the 61% retraction line, but the rally was very strong as I had predicted a 640% increase after the long term C&H formation completion.

This one should continue tonight.
Comment:
Update with fib retracements in place. We may try to touch -61% fib retracement lines before we continue the rally. Bullish flag may continue a little longer (2 hours), but I've not extended the target by 2 hours. You may want to allow for a little more room on time till completion.

Comment:
Very solid breakout, I think we're going hard on this one, all the way to +640% from my previous analysis with a target of $0.155 USD.

Comment:
quick update. 15 min chart we are falling hard, below the last rally 61% retracement line. So I've modified the chart to show that both rallies together are one and we will retrace probably to the new 61% fib retracement line, before moving up. However I'm still confident in the original $0.125 and higher at the older $0.155 projection. Now the numbers are pointing at $0.16 as a possible target.

Comment:
No longer what I suspected as a bull flag, but a bullish pennant is forming. We're going up! +146% from current levels gives us a new target at $0.225 USD. HODL!!

Comment:
As usual, my time projection is way off. Here's an update with a new target at $0.25

Comment:
We are sideways until the 4 hour ichimoku support cloud shoulder. New targets on this link:


Disclaimer

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.