EBurakS

Siacoin Upper trend

Long
EBurakS Updated   
POLONIEX:SCBTC   Siacoin / Bitcoin
DMI shows upper trend movement. Stochastic Momentum Indicator supports with good short term signal. There was also long therm signal at 15 December. MACD applies upper movement.
Profit targets:
1. 561sat
2. 629sat

(For Stochastic Momentum Indicator link is below.)
Comment:

Moving Average and Exponential Moving Average looks good for upper movement. You can see also fibonacci levels.
Comment:
DMI moves around 20 line, probably soon cross 20. RSI going down and market will soon come to oversold zone, small price drop can occur in half day period.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.