alanmasters
Long

Siacoin Will Soon Move Higher (About 90% PProfits Short-term)

BINANCE:SCBTC   Siacoin / Bitcoin
Siacoin ( SCBTC ) is preparing for its next move and has been consolidation for over a month. This consolidation phase is almost over.

We can see its price going flat and now passively moving above EMA10.

The MACD is trending up and going higher, it is only lacking some momentum.

Volume is yet to come in, most likely next week we will start to see more volume .

The RSI is on the bullish zone already and trading above all resistance with plenty of room left available for growth.

Targets for up to 90% profits are marked on the chart.

Make sure to always use a stop-loss when trading and collect profits as soon as we start to hit our targets.

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Related Ideas

Any Update
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alanmasters Koky-Ferry
@Koky-Ferry, Not much... Nothing on the chart, still no volume coming in.
Reply
latiou alanmasters
@alanmasters, My main concern with this is its fully closed coin at this point. Only 10,000 miners out there that even can mine this for the past ~10months and in the future. So coin distribution is very small. And they dont even make new miners for this no more... :( <- Might be the biggest reason why no volume is coming back to this coin.
+1 Reply
Any Update bro ?
Reply
Hello, Alan! How is it going? Do you have any update of this analysis? Thanks
Reply
alanmasters AirtonTiago
@AirtonTiago, Will wait for the change of trend first, they keep going lower, better wait for confirmation.
Reply
So about this one, Alan...
+2 Reply
alanmasters moomoobear
@moomoobear, I will wait for them to confirm a change of trend before posting again.
Reply
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