mysticalwalrus

SCUSD Cup and Handle 1D

Long
KRAKEN:SCUSD   Siacoin
So SCUSD was requested by a follower of mine and I am charting this blind. I literally have not looked into this coin at all. However, I see an extremely strong base which formed a nice cup with a very small handle. Personally I would like to see a bigger handle, but that is a minor gripe. Regardless, there is a strong basing pattern, it is sitting above the strongest support, it is right on top of the 200MA, and it is consolidating. I see upward momentum here.
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