SC looking extremely good here for a very high Risk/Reward trade.
- Been in the same zone for approx 150 days which usually indicates accumulation at the bottom of a trend
- Higher low on the weekly/monthly
- True golden cross on the daily (48,5/13 EMA crossover)
- Daily closes give trendline support (see updates below)
- Made a higher low on the daily and now...
Siacoin (SCBTC) has broken above resistance with yesterday's candle, breaking above EMA50 with above-average volume.
If you take a look at the volume on the lower part of the chart, you can see it has been gradually increasing. The recent break above EMA50 and the RSI and MACD trending up.
Now, all that SCBTC needs to do is remain above EMA50 so it can push...
Sia was forming the falling wedge for 110 days! Currently is SC out of the pattern. Price Action re-tested broken trendline and strong support and it´s ready on interesting pump.
BUY NOW: 71 sats.
STOP: 65 sats.
Targets are on the chart.
Good luck to everybody.
$SC Broke above descending channel..Retest happened,bouncing between EMA50/100 on the 1D
UCTS Buy signal on the 1/2D
Crossing above EMA100 can act as catalyst
RSI starting to rising & MACD rising slowly
Volume is ok
Potential targets 80/85/94
falling below trendline, cancels it.
Weekly bullish engulfing setup forming on Siacoin / BTC.
Lower time frames have switched to higher highs and higher lows so I am taking a swing trade up to the previous lower high from EoY 2018.
Risk for my stop below the low is 15%. And my target is 69% away leaving me with a 4.7 Risk/Reward ratio.
Our Weekly Slow Stochastic cycle is also rising and price...
SCBTC seems like a found bottom at .60 sat.
if it plays quickly it might go up to a little over fib 1:1 which is a nice short term res. at .72 sat which I don't think so.
I think it will go directly to 161.8
****just a guy playing aound***
. SIACOIN/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. There is a possibility of temporary retracement to suggested support zone (0.00001760 to 0.00001620). if so, traders can set orders based on...