DLavrov

Siacoin Long Term Trade

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POLONIEX:SCBTC   Siacoin / Bitcoin
This is a long term trade. The market gives us a new swing high which can be used for placing new buy orders. Entry level is 0.00000105 with stop orders at 0.00000042 level. Profit targets are 0.00000150 and 0.00000280 resistance levels. MACD lines and DMI support upward movement and if the price breaks SMA100 and the resisatnce level, we should expect for a new uptrend. Based on the breakout signal, we'll be able to join this market movement on time.

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