Technical analysis:
. SIACOIN/ETHEREUM 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 40.
Trading suggestion:
. The price is in a range bound, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support...
Following the previous idea on Lisk VS Bitcoin , it has reached the upside target at btc 0.0022 and broke above it, signaling on a potential uptrend continuation. However, price failed to close above the resistance although managed to produce multiple spikes above it.
At the same time, the support at btc 0.0013 has been rejected, together with the upper...