Siacoin Prepares To Pullback (185% Target Mapped)
After 5 weeks of consolidation Siacoin vs Tether (SCUSDT) is preparing for a pullback.
This is marked with a black arrow.
Notice the trading volume has gone to basically zero compared to last year.
As the volume dries out the market trend can start to change.
We can also see the RSI hitting a low and starting to curve upwards...
This weeks candle is about to close in a Dragonly Doji, another strong reversal signal.
This comes after a -9 on the TD Sequential...
All these are bullish signals after a new low is hit/support.
Reversals can only happen at support.
So when the chart is super bearish;
When the market sentiment is super low;
That's when the market turns and grows.
Namaste.
This is marked with a black arrow.
Notice the trading volume has gone to basically zero compared to last year.
As the volume dries out the market trend can start to change.
We can also see the RSI hitting a low and starting to curve upwards...
This weeks candle is about to close in a Dragonly Doji, another strong reversal signal.
This comes after a -9 on the TD Sequential...
All these are bullish signals after a new low is hit/support.
Reversals can only happen at support.
So when the chart is super bearish;
When the market sentiment is super low;
That's when the market turns and grows.
Namaste.
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
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.