#SCBTC , our favorite coin making Higher High and Higher Low for the first time in many months.
Thats good sign on the Chart.
Buy on HL, Sl: below the Hl based on the risk appetite. Targets are open.
#SCBTC #SC #BTC #scbtc
We are doing Analysis of SCBTC on Daily Timeframe .
Siacoin follow Head And Shoulders Pattern
With the Help of trend line , I have made trend line
Support and Resistance Levels
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes,...
. SIACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 49.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
. SIACOIN/BITCOIN is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
. The price is in a range bound, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support...