Hybred

SCBTC (SIACOIN) -- Channel bounce in effect?

Long
Hybred Updated   
POLONIEX:SCBTC   Siacoin / Bitcoin
SC just recently tested ATH's. With alts currently in a slight dip due to BTC, now could be the time to get a potential mover at a discount with pretty strong support. Can pick up the coin now with a close stop under the red macro line, or underneath the VPVR & level at 550~. A 50%/50% method is generally preferred, but a 33%/33%/33% position for an early/trend/box opener is reasonable to. The risk is moderately low here assuming BTC continues to remain mostly flat.
Comment:
We have reclaimed RSI and are now heading back towards the channel. Expect a large bump should it cross the red line.
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