myceliium

SC: Rough Cup & Handle + Wedge Breakout Attempt

Long
myceliium Updated   
BITTREX:SCBTC   Siacoin / Bitcoin
SCBTC primed to retest resistance after what appears to be yet another possible ABC correction after the December rally. It is also currently bouncing off support on the 200MA on the 2HR after forming a somewhat rough cup and handle (can you see it?). This is an easy breakout trade once price is able to crack through resistance.
Comment:
SC meeting resistance here. Market needs to consolidate across exchanges before next move (Poloniex 50% Behind Market)

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