SCBTC Siacoin BITTREX, breakout soon

BITTREX:SCBTC   Siacoin / Bitcoin
Siacoin held pretty well during the correction, with the 0.00000250 area working well as support, which was the previous high on Dec. We're still within a downtrend channel , however we can see some bullish signals in our 4hr chart.

We have a bullish divergence in our MACD with three higher lows. There is this huge triangle, which is a continuation pattern. If we break out to the upside, we could have a confirmation of the breakout with the price bouncing of the top purple line. We can have a price target at 0.0000075, that being the target from our huge flag, matching our 1.272 fib number, being at the same area of our previous highest point.

Daily chart:

Hi, I saw the same thing I put a chanel parallel. When he goes out, I will buy.
Good Job
@JadeDD, Cool, prices right now are still quite unstable due to BTC... it's moving currently downwards, we'll have to wait and see it we manage to have a breakout to the upside.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out