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tomahawkin
Feb 6, 2020 5:50 AM

One of the deadest of the dead coins, siacoin Long

Description

Here is a high risk high reward idea from me to you.

Siacoin has been beat into the ground, and I think it might be as ded as it's ever going to get. The weekly is stupidly divergent on RSI and the downtrend may break up soon. A more conservative play would be to wait for green line or higher breakouts for confirmation of a new uptrend. But I'm already in, just based on potential.

Full disclosure, I'm long on siacoin with red line defining stop loss.
(Not trading advice, all altcoins have high risk of capital loss.)

Namaste fellow traders!!
Comments
tomahawkin
Time to reload. SC is about to pump hard af.
tomahawkin
SC continues to look great after these initial impulse and corrective waves. Moving stop to orange line support.
tomahawkin
SC has broken out and tested old resistance as new support. Based on the strength of this pattern, this coin might have a large pump coming.
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