Siacoin SC/BTC Converging for a big move aheadI hope you are all fine. Lets get straight to the point.
I have drawn all the important points on the chart above.
Trend Lines, Monthly, Weekly ( Support & Reistance), Fibonacci Levels.
You can understand the chart easily.
Siacoin is converging into a pattern, right now after rejection from upper trend line resistance it is test the lower trend line support,
It might going to retest the level at 30 sats. If rejected, then the move up can be 30 percent.
If you want to enter the trade, wait for a new candle to form and see its behaviour. Always enter after rejection and near the support and resistance levels for maximum profits.
30 sats is a very crucial point, if it falls below 30 sats, then it is going to test the 25 sats.
So that's it for today, Folks.
Trade safe as I have provided you with the current image.
Now make your decision.
Scbtcprice
Siacoin soon, one more time!As I am staying with my forecast of BTC to 8ksih cycle, it is time to look for some juicy gains from our favourite alts and just see how they have been..
Siacoin is one of the top altcoins and one of our profit generators, and from what we can see it got out of its descending channel and made a small pump to 0.00000098 BTC and we retraced back to 0.0000008 BTC area and now seems like the time to buy, we have bullish divergence on EWO, with the big green wave showing a bullish rejection and if that was wave 1 then we can calmly say that wave 2 already retraced back to the start of wave 1 and now should be the killer wave, wave 3 biggest impulse, our biggest gains.
So we might retrace and hit 0.00000076 one more time before we pump so I would adjust my stop loss to 0.00000074 BTC
Details:
Targets:
1.0.00000098 BTC (short-term)
2.0.00000116 BTC (short-term)
3.0.0000013 BTC (mid-term)
4.0.00000148 BTC (long-term)
1.0.0000016 BTC (long-term)
Stop-loss: 0.00000074 BTC
Good Luck, Traders! #moon #mooncommunity