Siacoin is back at the support line. I expect it to reach around 300 sat within few days. **Assuming that BTC doesn't go crazy The target was a previous resistance line.
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This rebound could be it.
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Siacoin should start pumping shortly. If there is any changes to the target I will keep you informed. make sure to have notifications on!!
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There goes Sia. slow and steady increase.
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7% so far. More to come, keep holding.
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Feel free to take profits at any stage, don't expect the target to be achieved. (Everything still looks fine, trend line is holding. Just BTC is really volatile)
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BTC is going to keep falling till 13k then test support, in other words all alts will be dropping with it.
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maybe the 14k support, not sure yet.
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Sorry for the delay. The trend line is not violated yet. However you should have a stop loss just in case
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buy more now if you can!!
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told you to buy more, still following the trend line. Should be at target pretty soon.
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Still bullish and trendline holding. <deleted>
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Bitcoin is in a stable range, so alts have the chance to reach targets.
Is that 1D time intervals on the screenshot you posted in the comment? What do you recommend to analyze as far as trends are concerned? Thank you!
DCFreak
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@DgraD88, Main analysis I believe was 1D, the one in the update is not.
For trends you need to look at the bigger picture, zoomed in chart will show you triangles and stuff but not main trend.
If you are a day trader, then zoomed in is the way to go, ride the wave up and down.
Long term, short term then at least use 4 hour candle. I like using 1Day sometimes, just based on the situation.
AirtonTiago
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Hey DC, what should be the stop loss for this operation? Unfortunately, I've got in at 195. Thanks
DCFreak
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@AirtonTiago, Stop loss would be below the white line (Trend/support line) indicated in the chart. if it goes below that sell right away. As long as its above it you are fine.
Urari
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is 335 a safe sell order ?
DCFreak
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@Urari, nothing is safe in crypto. If BTC was stable I would have said yes for sure but it's not. Keep an eye on the coin and take profit whenever it reverses directions.
Urari
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@DCFreak, Yeah. I've been in crypto for a while. Just wondering if it's going in that general direction.