This is a Medium Risk trade.
Siacoin, if it follow prior movement, will fall to our demand zone and most likely bounce off one of them. Safe thing to do is buy at demand zones, with a very tight stop loss in case it continues down. That way you won't lose much if it moves down but will be in the game if it starts bull run which can last anywhere from 5 days to 52 days.
I will keep you updated on this trade if you follow me.
Do not invest what you cannot afford to lose. We are not your financial advisors.
Siacoin, if it follow prior movement, will fall to our demand zone and most likely bounce off one of them. Safe thing to do is buy at demand zones, with a very tight stop loss in case it continues down. That way you won't lose much if it moves down but will be in the game if it starts bull run which can last anywhere from 5 days to 52 days.
I will keep you updated on this trade if you follow me.
Do not invest what you cannot afford to lose. We are not your financial advisors.
Note
Note
Siacoin is looking positive in short termNote
We hit our demand zone where you should have bought in and now we are in slow uptrend stage which may turn into accumulation zone. Remember to always have your stop losses set on such trades if you're not for a long term holdNote
Purchase some Siacoin with Stop LossNote
Chart was a buy
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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.
Related publications
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.