Siacoin 700% Bullish Wave Mapped & The Moon LandingThis is one is already confirmed.
We have a bullish breakout from a consolidation range/pattern. The retrace tested the consolidation resistance as support and it holds.
This is a classic signal for old-timers, conventional traders. Instead of anticipating a bullish move like we do, they wait for the breakout and retrace and join the wave on the second go, as it is shown here.
For example, we have trades for Siacoin from August, September, November. While a trader using old methods would not have any entries in those dates, they would be waiting and waiting and waiting for confirmation, and this is what they call confirmation, what you see on the chart. The initial bullish breakout and the establishment of support as a higher low.
As with everything, this method has its advantage and disadvantage, pros and cons. The advantage is that you get a higher level of certainty. The disadvantage is that you get a worse entry price and miss some of the action.
The advantage of the early entry, the predictive method we use, is that you get a better entry and high potential for profits. The disadvantage is that you get to wait for longer and you can end up buying at the wrong time. For example, in the scenario were further down happens rather than a bullish breakout.
This is all good but nobody cares. What we care about is the fact that Siacoin is going up and the chart looks great.
Potential for growth is awesome on this medium-sized wave. And it can be completed within months... Amazing. I am looking at an easy 400%+ and even 700%.
Wouldn't it be nice? You bet!
And this is something that is certainly coming next.
We are looking at a high probability trade/chart-setup.
We are going to the moon my friend, but we won't be able to land, because the moon cannot be reached in a physical plane. It lives in a different dimension. What you see on the sky is just a reflection.
Thank you for reading.
Namaste.
