Sideway action holding support and resistance Short

POLONIEX:SCBTC60

Siacoin / BitcoinPoloniex

Description

⋅ Jul 4, 2017 12:11 PM

Looking good at the moment that it because a bit stable.. hoop it will a long sideway for it breaks out..

Comment

⋅ Jul 4, 2017 3:00 PM

Ethereum has the same pattern going side ways...... mm...

Trade closed: stop reached

⋅ Jul 5, 2017 7:31 AM

Chart isn't usefull anymore...

Comments

jaggu_as_varun

⋅ Jul 4, 2017 12:24 PM

is there is any chance of pumping

markdenwinters

⋅ Jul 4, 2017 12:30 PM

@jaggu_as_varun, Thanks for you question.. I just did 2 min watch of all the transactions buy and sell the seller wallets are different then the buyers.. it isn't fool proof because one person can have more wallets.. but at this moment what i can see it isn't pumping... so my feeling it's 70% is good 30% changes it could be pumping.. but just my 2 cents.. not a pro trader just a business analyst..

jaggu_as_varun

⋅ Jul 4, 2017 12:46 PM

@markdenwinters, in ur opinion there is noo chance of pumping ?

markdenwinters

⋅ Jul 4, 2017 2:58 PM

@jaggu_as_varun, my opinion it's 30% sure it's pumping..

thetazeta

⋅ Jul 4, 2017 1:09 PM

@jaggu_as_varun, Just look at the buy order book. In the top few lines there are orders of 22 BTC, 17, 14, 9... No orders in view under 2 BTC.

Whales are clearly accumulating for something big.

markdenwinters

⋅ Jul 4, 2017 2:58 PM

@thetazeta, maybe i saw what you mean but that something i saw yesterday with eos and nothing special was happening..

thetazeta

⋅ Jul 4, 2017 3:29 PM

@markdenwinters, they can go on accumulating for days here and there before things are just right and they launch the pump...

But yeah who knows. With Sia there's always the possibility it's Amazon and Dropbox buying up as much as they can. Not even joking.

markdenwinters

⋅ Jul 4, 2017 3:43 PM

@thetazeta, aah oke :)

that would be nice... if that happen will the coin going away in a second? i wonder...

thetazeta

⋅ Jul 4, 2017 3:49 PM

@markdenwinters, going away? If you're talking about a pump, it's not happening today... It needs to stabilize and show a solid floor so whales know traders will be confident jumping into it after they pump it.

markdenwinters

⋅ Jul 4, 2017 3:51 PM

@thetazeta, aaah oke :) thank you for the knowledge