TradingView
TradingRoomApp
Mar 7, 2018 8:11 AM

Siacoin - Approaching consolidation zone  Long

Siacoin / BitcoinPoloniex

Description

Those who believe in SC can start buying within 10 SATS range from current level. However consolidation may take longer. Expect to spend a week / two before 25-40% bounce. We will still sell SC on bounce based on our last call if it does bounce. So its a two way play now

Trade active

SC at our recommended buy AREA now
Comments
mauroqau
it is in the zone , what is the play when it breaks it?
TradingRoomApp
@mauroqau, As predicted the price has reached a consolidation zone. Most likely it will settle down around this region and the slide will stop. The Play is retest of upper Line which can give potential 25-30% Gains from Currency levels on a minimum.
mauroqau
@investorgains, ah okey , i am a bit sceptical about bitcoin atm. if it drops to 6k again i think alts will retrace a bit lower
TradingRoomApp
@investorgains, Yes i agree there, but SC is only for those who believes in that project. I personally dont believe in SC because ATM there are 10 more opportunities in the market which are more interesting than SC
More