Sia has been one of our second quarter (Q2) picks and it is proving us right.
The project's fundamentals are strong, the potential is huge and all that is left is a confirmation from our technical analysis:
Price on support (previous resistance), thus technically we are good to Buy again (more).
- check our 2 previous posts for additional info
SC appears to be in an ascending wedge right now, which usually means there's high downside risk once it breaks out from the bottom of the wedge. However, it still appears too early for SC to dip, meaning there's still a profit to be made by buying the bottom of the wedge and selling near the top. Don't get too greedy or you might be caught by the retracement. A...
With the weekly candle close near 0.025 its confirming the vertical accumulation volume within the current and last week the sentiment remain bullish with more Ask orders appeared on weekly and daily candles and based on volume seen it would clear that SC will target 0.06/0.08 soon as long as 0.022 will hold the price.
SC has met its strong resistance, where exists a big selling force and SC may have a big correction from this zone to 0.014$ zone at early April.
But there will be a big announcement from SC team on March 20, so it may make a sudden pump to 0.028$ zone or even higher but it needs to conquer the 0.02$ zone
👉Mar 20 : Annoucements
Sia is one of our Second Quarter picks , data which we had released earlier this month on a private idea
From 0,00870 to 0,02470 the price has almost tripled in March and we have high expectations for more.
Price has broken previous resistance, came back to check it as support and looks ready for higher flights.
✔️✔️✔️ SIA offers a business model...
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Looks like SC has set up fantastic groundwork for a surge up towards 3.5 cents. RSI is strong but allows for growth. Stoch RSI is oversold and judging from the previous occasions when it was oversold and then volume flooded in we have had a rally of 250%+ and around 200%.