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Losing-Up
Jun 11, 2021 1:50 PM

Potential 40% dip for SCUSD Short

Siacoin / US DollarPoloniex

Description

I am a fan of SC, and long term I think this is a good buy. But if BTC doesn't pump today, I am expecting that to take a serious dip over the weekend. And looking at SCUSD; this could see some serious hurt in the short term as it drops to volume support, also high time frame horizontal support just under $0.01.

Set some stops here, just in case!
But that'll be one hell of a dip to re-buy... I will be waiting!

Trade closed: target reached

Why is only the bearish ideas that pan out perfectly!?
Comments
HHSPN
Good call. Do you have a new projection if we are to get an Alt Coin season.
katerpie
I agree. I am thinking there is a chance btc may pump Monday tho. Maybe based on the micro strategy news. Guess we will see...
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