SC/BTC Pennant Spotted! Is Siacoin breaking right now?!
Hey everyone!
Here I am I with another Quick, Simple chart.
A pennant is created when there is a significant movement in the stock, followed by a period of consolidation – this creates the pennant shape due to the converging lines. A breakout movement then occurs in the same direction as the big stock move. These are similar to flag patterns and tend to last between one and three weeks. There will be significant volume at the initial stock movement, followed by weaker volume in the pennant section, and growth in volume at the breakout.
Buy level - right now
Target at least 320 satoshis.
If you agree or dissagree comment bellow!
Invest Only Money That You Can Afford To Lose! I do not own magic Crypto ball that tells me where the Crypto will head! (At least not for now)
If this graph gets a little attention I will update!
Thanks and Good luck trading!
Here I am I with another Quick, Simple chart.
A pennant is created when there is a significant movement in the stock, followed by a period of consolidation – this creates the pennant shape due to the converging lines. A breakout movement then occurs in the same direction as the big stock move. These are similar to flag patterns and tend to last between one and three weeks. There will be significant volume at the initial stock movement, followed by weaker volume in the pennant section, and growth in volume at the breakout.
Buy level - right now
Target at least 320 satoshis.
If you agree or dissagree comment bellow!
Invest Only Money That You Can Afford To Lose! I do not own magic Crypto ball that tells me where the Crypto will head! (At least not for now)
If this graph gets a little attention I will update!
Thanks and Good luck trading!
Comment:
SiaCoin at the resistance area!
Comment:
Didnt expect her to get that high! Keep holding.
Trade closed: target reached
