Analysis:
- Fibonacci Retracement
- Support & Resistance
- Trendline Analysis
- Order Block Flow
Target 1: $0.017
Target 2: $0.014
Target 3: $0.008
Opinion:
SiaCoin has entered a corrective cycle
I have laid out potential targets
I believe when SiaCoin crosses the Green Line that will end the correction
I will do a follow up bullish markup when this idea...
SCUSD is now on its 1M Supporting Channel. Every time the price has broken above this Zone it has rallied aggressively. In other words as long as Siacoin trades inside this range (or when ever it enters) it is a buy opportunity. During the previous two break-outs, the rallies have extended to +453% and +3864%. Keep that in mind when deciding your buy take profit spot.
