DCFreak
Short

Siacoin - Possible 50% Correction

BITTREX:SCBTC   Siacoin / Bitcoin
Hello,

As you all know, BTC is in a correction stage. BTC's price affects all the different alts.
If BTC drops below the 9k support, Siacoin will fall down to the support indicated above.

Here is my previous Siacoin analysis:



Here is my most recent BTC analysis:


Trade is only active when BTC breaks under the 10k support and ofc 9k after that.

~DCFreak
Comment: Keep an eye on Siacoin.
They are fixing something on the code on the end of this month (Hard Fork).

Which can potentially push the price up (Pump and Dump)
Comment: I bought in at 355. The fork should push the price up before any correction.
Comment: *forgot that the fork occurred already. So just natural growth with BTC going up.
Comment: almost at target
Trade closed: target reached: spot on
Curious where you are at on this trade, do you currently think right now is a bargain price to see upwards of back to .04 -.07 cent push
Reply
Hey DC, thanks for the review.

Can you update it please?

Where should we set the stop loss for SC?

thanks
Reply
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