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Siacoin completing a bullish cup and handle formation

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BINANCE:SCBTC

Siacoin is completing a bullish Cup and Handle formation.

With such a gap in volume profile a breakout above 114 sats would bring a nice green candle to potentially 155-162 sats.

We are conservative and we choose a lower target at 127 sats.

They also announced a very positive hardfork that would surely bring more optimism in the Siacoin community, removing effectively two dominating ASIC miners from the game.

We are recommending a breakout buy at 115 sats OR wait for a retracement to the first fib level at 103 sats.

Stoploss 90 sats

Enjoy!
トレード稼働中
still consolidating at 109
トレード稼働中
We hit 103 sats, trade call active
トレード稼働中
trade still active, more upside potential
Chart PatternsHarmonic PatternsscbitcoinSCBTCSCETHscethereumSIAsiabtcsiacoinsiacoinbitcoinsiacoinusdTrend Analysis

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