dumantri

SIACOIN make a retracement first before Bullish

Short
BINANCE:SCUSDT   Siacoin / TetherUS
We can see that SIACOIN just made a big move upward. After the upward movement, SIACOIN makes some retracements, in one of the retracements, SIACOIN breaks a support line. It can be expected that SIACOIN will go down first before continuing the bullish run. But it is tentative because as you can see SIACOIN makes a triangle, so it can continue to go up or make some price adjustment first before flying. That's all from me.