The horizon of the double highs traces a triangularization of the Siacoin chart which, together with the close of a (more than) annual cycle, seems to create the conditions for a double low and a rebound that will culminate on the horizon and as a Fibonacci retracement "contrary".
Let's call it Bull trap, let's call it Dead Cat Bounce (when viewed on a larger time scale), the fact is that fractality and the union of similar concepts show an absolute truth, which is what denotes a "change of situation".
Why do I say situation and not trend?
Because it could happen that a black swan is created due to some war event or that a capitulation occurs, but the fact remains that the current situation will change soon.
I remain statistically inclined to recover the price to the $ 0.007 mark.
Let's call it Bull trap, let's call it Dead Cat Bounce (when viewed on a larger time scale), the fact is that fractality and the union of similar concepts show an absolute truth, which is what denotes a "change of situation".
Why do I say situation and not trend?
Because it could happen that a black swan is created due to some war event or that a capitulation occurs, but the fact remains that the current situation will change soon.
I remain statistically inclined to recover the price to the $ 0.007 mark.