dklug8

SIA possible Breakout in the next 4h,

BITTREX:SCUSD   Siacoin / Dollar (calculated by TradingView)
MACD confirms likely breakout
Target is 0.09
SL will be around .01
Trade active
Comment: The yellow rectangle should have its origin witin a point in the second grey line
Order cancelled
SIA will certainly experience a run in the next few days, most likely to above mentioned levels.
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Triangle is likely to get busted
+1 Reply
@dklug8, can you please explain? busted=positive or not?
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dklug8 fatihoznur67
@fatihoznur67, busted means that the pattern has become invalid, if it crosses its support or resistance, without alternating between those.
http://thepatternsite.com/BustDescTriangles.html
+1 Reply
@dklug8, thx mate
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dklug8 fatihoznur67
@fatihoznur67, You're welcome
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15 min confirms it, decreasing volume aswell, watch for an outbreak in the yellow rectangle, it gains extra momentum.
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