Trader_ph

SC Breaking Out from its range

Trader_ph Updated   
BINANCE:SCUSDT   Siacoin / TetherUS
SC or Siacoin is currently attempting to break the upper range + the 0.236 Fib. The current breakout candle has a massive volume spike, and RSI is diverging from the price in the past few days.

If it successfully breaks out, the first good TP will be 0.43 area, where the 0.382 Fib and the previous lower high sits.

Remember to do your analysis first
Comment:
However, remember that the perpetual contracts of this cryptocurrency in Binance is delisting soon. Take note when trading this.
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