Description
⋅ Siacoin (SCBTC) has found support just below the 0.786 Fib. retracement level.
We also have a falling wedge pattern breaking out bullish.
With its price trading above MA200, there is potential for a bullish wave to develop here.
I've mapped up to 170% in potential profits for the second target.
We remain bullish above the 10 satoshis (0.00000010) low.
Any trading above this level and we remain bullish long-term on Siacoin vs Bitcoin (SCBTC).
Additional details on the chart.
Namaste.