POLONIEX:SCUSD   Siacoin / Dollar (calculated by TradingView)
Looking at the logarithmic long term Polonienx graph (most data I can get my hands on), we see the lower HA candle wick touched the lower support and bounced off. I would argue the algos are looking at this chart as well, and see the same support lines. I expect Sia to do well long term but it will be confined by this uptrend channel ( ascending triangle ). I would become fairly worried if the chart broke support. The platform is usable and actively funded and developed, so seeing this coin drop beyond support level would indicated either massive global selloffs or a major loss in confidence of the platform. I doubt the latter. But that being said this movement to the support line falls inline with my expectations of price movement and gives me comfort we might start seeing light at the end of this tunnel. I would say as price approaches support there is a good case for buying. We still have quite a bit more movement either sideways to down, but we are right up against the support lines. lets see if it can hold.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out