. 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 zone...
T1 - 70
T2 - 100
T3 - if new hl formed flippin r/s above 128 only
RSI oversold, making HL
PRICE MAKING LOWER LOW AND INDICATOR MAKING HIGHER LOW
DISCLAIMER - THIS IS NOT A FINANCIAL ADVICE
According to RSI, Siacoin is heavily accumulated by whales and the selling pressure is decreasing by time. On the weekly basis, It is showing a bullish regular RSI Divergence, which simply means a BIG BIG PUMP is coming in the near future. Also, MACD is supporting the RSI in the buying direction.
Risk/Reward RATIO is very good here.
Suggestion: Siacoin is...
#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
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.
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,...
Sia Coin Are making very bullish channel pattern For Sure Shot profit and Fundamentaly this month HardFork of Sia Coin so , Many Probavility that price will Boom. Buy and Hold This Month and Dont forgot to take Profit.
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...