Siacoin (SC) add to your watchlistSC / BTC
As you see in weekly chart
Price try to break and hold above weekly resistance (Previous Support)
whales last few hours / days pumped alot of low satoshi coins ..SC one of them and in my radar
-Strongest volume start to enter since last August
-RSI also is Bullish
🚨 Invalidation : if SC falied to hold above weekly resistance (previous support) this can lead to strong bearish drop
Good luck 🤞
Siacoinbnb
Siacoin Technical Analysis When to buy.Siacoin Technical Analysis When to buy.
Note: This is only for Educational purposes; this is not investment advice.
There is a possibility for the beginning of an uptrend in SCBNBTechnical analysis:
. Siacoin/BinanceCoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000680 to 0.000610). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000680)
Ending of entry zone (0.000610)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000790
TP2= @ 0.000870
TP3= @ 0.001000
TP4= Free
There is a possibility for the beginning of an uptrend in SCBNBTechnical analysis:
. Siacoin/BinanceCoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000680 to 0.000610). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000680)
Ending of entry zone (0.000610)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000790
TP2= @ 0.000870
TP3= @ 0.001000
TP4= Free
