💎Technical Analysis Summary💎
-Siacoin has found support at the previous level at 0.0025 dollar
-If this support area will hold for the next few days
-It will likely consolidate in a ranging market
-The best option here is to wait for the channel breakout above
-Once the channel is broken upward, buyers will start joining fast
-So please be...
It is too early to talk about this coin
But buy this coin when the resistance line($ 0,003934) turns to support line(it needs to be open close above the resistance line for 1 candle in 1d)
Other case catch with the EngineeringRobo buy signal like bull, buy1, buy2 ,moon,buy3
For example if you caught the bull signal you got %30 profit now that is brilliant.
-After the Double Top reversal, the price has dropped back to the 200D MA
-The area where the 200MA located is a confluence of the key support zone
-If Siacoin can hold current price market for the next 3-5 days
-There is a high chance to see a strong reaction bounce up to 35 sat
-Bearish side, break below trendline support will lead the price down to 20 sat
#SCBTC 89% Profit Update:-
#SC blasting Guys.
Hope you all are very happy with analysis and also You learned Power of Patience Like me.
#SCBTC I told you to Buy between 24-26 satoshi and my 24 Satoshi bid also filled that Time.
So now went upto 45 Satoshi which is 89% Pure Profit.
Still #SCBTC Trading at 42 Satoshi.
Hope you very happy with our...
Like we see now , price touched the red trend and the blue level then pumped again , now we need some power to break out the black line and then to the second red trend.
Enjoy with profit,
Good luck for all
To SC holders , keep in your mind 0.0035 (the black line ) , if price can break out this line ,we can open targets to 0.008 for middle term.
anyway , price should still above 0.0026 and the first red trend to still bullish .
The chart for Siacoin vs Tether (SCUSDT) looks very similar to the Bitcoin (BTCUSD) chart.
Here we have prices now trading below EMA10 with more red incoming.
The next support is MA200/EMA50, followed by the orange trendline.
Prices are likely to drop and then a small bounce, to continue lower.
SCUSDT is strongly bullish. Now we're reading a beautifull flag + RSI is showing no better sign of bullish movement.
Aroud 70% profit for next days/weeks.