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AlanSantana
Jul 20, 2022 1:23 AM

Siacoin Prepares For Major Move (60% Short-Term) Long

Siacoin / BitcoinKraken

Description

A major move can happen on the Siacoin (SCBTC) pair but we start with the short-term target first.

EMA100 rejected growth back in April this year and this same level is working as resistance now.

Since SCBTC has been consolidation above EMA50 for the past month, as the EMA100 resistance gets challenged again we are alerted of an upcoming bullish jump.

As usual, low risk with high potential rewards.

We can have a 10-15% risk (stop-loss), while we aim easily at 60% to start but there can be 100% or more in the weeks to come.

Namaste.
Comments
Vibranium_Capital
I don’t agree
SwallowPremium
Thanks for sharing
xlameee
The cat is ready to jump :)

Solldy
Great publication! I think this movement will be accompanied by some important news. So, for now, I'm waiting and keeping an eye on the current news.
Tolberti
The pattern looks very interesting to me, thanks for your idea!
UnknownUnicorn15614419
Thank you for sharing, mate!
xlameee
WARNING Huge movement of Bitcoins from this address 1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ!!!!!!!!! Nearly half of the bitcoins are moved somewhere
Mikanoshi
@xlameee, Whale moves coins to the wallet marked as Coinbase, but then soon after sends them to another one (1LQoWist8KkaUXSPKZHNvEyfrEkPHzSsCd).
If Coinbase label on bitinfocharts.com is correct then this whale might be closely involved with Coinbase, because that wallet does not look like a hot exchange wallet.
xlameee
@Mikanoshi, I've got this wallet address from someone who said that this wallet is related to some big corporation. I kept it open in my browser since then. I don't know who this wallet is, but that is huge amount of bitcoins to move in few hours whoever they are.
xlameee
Finally :) Thank you. It is a good old currency, but why Binance removed the BTC pair!!
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