SpartaBTC

SC/BTC The level of the local minimum. Descending wedge. Points

SpartaBTC Updated   
POLONIEX:SCBTC   Siacoin / Bitcoin
The price has reached a local minimum.
A cup. Descending wedge. Potential double bottom formation. (upward movement to the local maximum level of 27-30 satoshi)

Entrance
1) on a breakthrough or pullback after a breakdown of a downward line of a local trend (wedge resistance). You also need to understand that after a breakthrough, lateral movement may begin.
2) Above the level of 30 satosh if the price is fixed above this level.

Target
1) Downward wedge + 80%
2) If the price is fixed above 30 satoshi - the potential is 75-150% of this zone, or + 300% of the entrance now or at the beginning of the upward movement from the local minimum.

Stop loss
Under key support levels during your entry into the market.
Comment:
SC / USD (Siacoin) Dragon. Price at the trend fracture zone.
Comment:
there is a wedge breakthrough + 23%
Trade closed: target reached:
From the moment of breaking the wedge + 40% Further all the goals on the chart.
Trade active
Trade closed: target reached:
+85% first target taken
Trade closed: target reached:
+130%

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