AlanSantana

Siacoin vs Tether Long-term Bullish (Weekly TF Analysis)

Long
BINANCE:SCUSDT   Siacoin / TetherUS
We are looking at Siacoin vs Tether (SCUSDT) this time long-term.
7 days per candle; Weekly.

The bullish bias is becoming stronger.
  • This week we high a higher high compared to late August.
  • This week we have the highest volume since April.
  • SCUSDT price weekly is above EMA10, EMA21 and EMA50.
  • The MACD is in the bullish zone and curving up.
  • The RSI is above 60, weekly this is super strong.

All these are bullish signals.
The more bullish signals, the higher the potential for this to grow.

I also mapped multiple targets, support levels and the chart pattern (ascending triangle) currently in play.

Thank you for reading.

Namaste.

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