- Using Ichimoku Kinko Hyo, all sign says bearish still continue
- Using Head and Shoulders pattern, target is ~ 6k USD
- Using Fibonacci Retracement, target is ~ 6k USD too
If fail to retrace at 6k USD, btc will continue short to ~ 4500 USD
Dont get rush to buy BTC/USD. Here my insight, just wait and buyback in deep.
- MACD failed to reverse trend, still in downtrend area
- RSI still in oversell area, no sign will >= 50 in the near future
- Facebook and Instagram not accepted bitcoin related ads.
- Bitcoin lack of features, very slow transferring speed, and high fee compare to another...
I looked at this coin few week ago. After visiting the website, read the white paper, I think Sia Coin is great long term investment. Buy, Hodl, and wait for surprise in several month :D
Target: 800 sat
ETA: First Week April 2018