Sia Coin is going through the typical bullish flag motions. Expect a target of +79% once it breaks from the flag and moves upward.
So far it has not fallen to the 61% retraction line, but the rally was very strong as I had predicted a 640% increase after the long term C&H formation completion.
This one should continue tonight.
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Update with fib retracements in place. We may try to touch -61% fib retracement lines before we continue the rally. Bullish flag may continue a little longer (2 hours), but I've not extended the target by 2 hours. You may want to allow for a little more room on time till completion.
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Very solid breakout, I think we're going hard on this one, all the way to +640% from my previous analysis with a target of $0.155 USD.
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quick update. 15 min chart we are falling hard, below the last rally 61% retracement line. So I've modified the chart to show that both rallies together are one and we will retrace probably to the new 61% fib retracement line, before moving up. However I'm still confident in the original $0.125 and higher at the older $0.155 projection. Now the numbers are pointing at $0.16 as a possible target.
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No longer what I suspected as a bull flag, but a bullish pennant is forming. We're going up! +146% from current levels gives us a new target at $0.225 USD. HODL!!
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As usual, my time projection is way off. Here's an update with a new target at $0.25
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We are sideways until the 4 hour ichimoku support cloud shoulder. New targets on this link:
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