Technical analysis:
. Siacoin/Ethereum is in a downtrend 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 39.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary...
Technical analysis:
. SIACOIN/ETHEREUM is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
. The price is in a range bound, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support...
Technical analysis:
. SIACOIN/ETHEREUM is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
. The price is in a range bound, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support...
Technical analysis:
. SIACOIN/ETHEREUM is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
. The price is in a range bound, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support...
Siacoin has touched their lowest level where it form a new support.
This will be confirmed by the break of the black line, corresponding to the Top of this ware trend that I have find.
Targets are on Red circles.
This are just crazy ideas based on math patterns.
This is not a trading advice.
Regards.
-SG-
In the Ethereum/Siacoin pair, it would appear that Siacoin may make a move upwards, thanks to a possible double bottom. On 2/1/2018, SC closed on the lower Bollinger line. On 2/3/2018, we have a possible middle peak, and on 2/5/2018, we have the possible second lower bottom that is pulled away from the lower Bollinger. The close on the 2nd, was 0.00003012 ETH. The...
I am new to to technical analysis but I thought I would start to post my predictions. It looks like a cup and handle is forming on the 30min SC/ETH chart. I appreciate any feedback and tips, I want to learn as much as possible so please feel free to chime in and give me your 2 gwei. :)
The Brando
