Hi friends, hope you are well, and welcome to the new update on Siacoin ( SC ).
Broke down a channel:
On a weekly time frame priceline of Sia was moving in a down channel but now it has left the channel and now moving below the support. But the Stochastic is oversold which is indicating that priceline may move here sideways and we can also expect a reversal move.
Broke out a wedge:
On a 4-hour, Sia has broken out a wedge. It is moving above very strong support of $0.014. This level has been working as a strong support and resistance previously as well.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Broke down a channel:
On a weekly time frame priceline of Sia was moving in a down channel but now it has left the channel and now moving below the support. But the Stochastic is oversold which is indicating that priceline may move here sideways and we can also expect a reversal move.
Broke out a wedge:
On a 4-hour, Sia has broken out a wedge. It is moving above very strong support of $0.014. This level has been working as a strong support and resistance previously as well.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade