Siacoin - Heading towards major bullish trendlinesupport
Siacoin is heading towards the major bullish trendline at around ~38Sat with another support at around 45Sat:
So i would guess the support around 45Sat will be crossed and a potential buyzone could be the bottom of the bullish trendchannel at around 38Sat for an early entry.
Safe entry would be to wait till market breaks out of the marked downtrendchannels
- Volume decreased massively (-)
- Walking the Bands during downtrend -> Trend is strong (-)
- Daily RSI is coming from an oversold region (-)
- MACD is flat (/)
So i would guess the support around 45Sat will be crossed and a potential buyzone could be the bottom of the bullish trendchannel at around 38Sat for an early entry.
Safe entry would be to wait till market breaks out of the marked downtrendchannels
Comment:
currently breaking through the 1 resistance