Long

SIACOIN (SC) with 342% potential

Updated

SiaCoin just broke out from it's down trend line.
Targets as marked on the chart.
Adjust your stop loss after reaching each target and enjoy the ride. :)

Note

This will of course not happen in 1 day.
Also be prepared that it will go down and up while it's on the way to the moon.

We reaching now a sensible area.
Keep calm and control your weak hands if you have. :D
Patience is key.

Note

So far 35% plus since we broke out.
Nice start! :)

Note

We touched our first target area.
61% profit so far. Not too bad.

Note

People expecting a BTC bull run.
Altcoin markets are mostly down or quiet.

Maybe it's better to leave this for now until we have a confirmation of a new run for SIA. If we break 340 again could be a good moment.

Note

Target 2 reached.

Note

Be careful. Do not buy the peak.
It's not impossible that we see 300-260 area again before we go for our next target.
Control your FOMO. :)

Note

Here we go again.
The next run just started.

I expect it going higher then marked in the chart because the last one was also much higher than expected.

Other ideas here even see it on 20 cent. What would be at around 1200 Sats.

Good luck!

Trade active

SiaCoin consolidated nicely and we are now in a really interesting area.

I am long now again since 353 Sats.

The last days SiaCoin tried two times to break out from it's down trend line.
Now we are at the end of a triangle and a breakout above 365 Sats can confirm the next bull run.
Of course a move down to 340 area can happen before.

There are three options for a trade:

a) wait till the down trend line at around 360-365 Sats broke upwards.
b) go long now to support the price.
c) speculate on a bounce after 340 area was touched again.

In all cases a stop-loss we feel comfortable with anywhere below 330 Sats should be placed to minimize the risk.

As always: do your own research, trade on your own risk and good luck!

Note

Yes! We got now the confirmation.
Waiting for the next explosion. <3

Note

Here we go. SIA is flying!
It will be one of THE coins in 2018.

r2d2One

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