A sweet Falling Wedge pattern is here and already broke out. The market currently testing it's resistance and hodling it's support. Targets already given.
A bullish divergence is also there in longer time frame.
Your trade from this point til 5-15% with tight Stop-loss below trend line around 4-5% or up-to your capacity.
Curently sia coin is very undervalued coin.
You can take position into this.
Buy siacoin between 98-103 satoshi.
First Target :- 114
Second Target :- 150
Stoploss :- 88
Long term holders can buy between 98-103
No stoploss will be given for this.
Just hold for 3-4 months.
Currently 20% of my portfolio is holding sia coins.
I am expecting 5-10x profit from this...
. 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.
SC coin following channel down pattern ,
we Have 2 support Line
1st Support line is 70 satoshi
2st Support line is 40 to 50 satoshi
If SC break First Support Line then we can
Buy on second Support line Our target for SC is
234 satoshi, if we Buy on 2 Support then our
profit will be 480% , this was Long Term Analysis.
Note: This is only for...