PatrickHob

Siacoin to reach 0.10 very soon

Long
PatrickHob Updated   
KRAKEN:SCUSD   Siacoin
I expect that Siacoin eventually will reach the 0.10 in a very short time (125% upwards). For the short term, I expect consolidations after an upside earlier today that gave us about 25%, Consolidations between 0.0387 and 0.0435 before we have a serious of runs up. Next target is 0.058- 0.062
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Here is some update on where Siacoin is at that point. Has to knock off 2 barriers from 2 different ascending triangles (Oftentimes are Bullish). It's all depends from what point the breakouts will happen out from these barriers, you will determine the upwards point that can reach the lower ceiling and/or the Higher ceiling.
I included 2 pictures to give you a better idea. How long it will take? it could take days or one day, Bitcoin is playing a factor here on the timing of all of this. But I expect once the barriers are knock off, Siacoin will take the initiative to rise without the effect of Bitcoin performance.
s3.tradingview.com/s...shots/y/yzJYSpXW.png
s3.tradingview.com/s...shots/l/lkvIsLS2.png
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Siacoin unfortunately for the short terms is showing again a weak signal as BTC. BTC to revisit the 50k range and I expect the SC to follow we could see the 0.025 again.
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