jamyjamjr

SCBTC LARGE CUP AND HANDLE POLONEIX

Long
jamyjamjr Updated   
POLONIEX:SCBTC   Siacoin / Bitcoin
IVE BEEN FOLLOWING SC FOR A FEW WEEKS, EVER SINCE @ALANMASTERS MADE A RECOMMENDATION ON IT. SC HAS HAD A STRANGE TREND ON BITTREX VS POLO BECAUSE ITS WALLET IS DOWN.. ITS CAUSED A SEPARATE ECOSYSTEM ON BITTREX WHERE THE PRICE IS ALMOST DOUBLE OF WHICH ON POLO. ALANS TARGETS FOR SC ON BITTREX WERE RIGHT ON, BUT POLO HAS YET TO FOLLOW.

LOOKING AT THE 4HR AND 1 DAY CANDLE CHARTS, SC IS SHOWING A VERY STRONG CUP AND HANDLE. THE VOLUME AT THE BOTTOM OF THE CUP IS VERY LOW AND THE HANDLE IS NOW FORMING. GIVEN THAT THE HANDLE DOESN'T GO TOO STEEP WE CAN EXPECT SC TO BLOW UP TO NEW HIGHS.

I EXPECT SC TO HIT 63 AND 84 ON THE MID-TERM IF ALL GOES WELL WITH THIS HANDLE.

THIS WILL BE A LONGER HODL, GOOD LUCK!

Trade active:
still looking good for SC. hard fork in 10 days and we should start seeing a nice uptrend. just waiting for sc to break the handle trend line, which may happen today!
Comment:
after reviewing the chart again, seems handle trend line is already broken! moon!
Comment:
and we have lift off ;)
Comment:
im seeing our first hard resistance at .00000500. if we break through that nothing stops us from reaching .0000063 (which will likely be the next hard resisitance)

good luck! i hope youre enjoying your profits!
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