kometonja

SC looking for a bottom

BITTREX:SCBTC   Siacoin / Bitcoin
Sia has a great potential in Q1 2018 by releasing:
- File Contract Upgrade
- File Recovery System
- Simple File Sharing

It is still in downtrend, looking for a bottom at (blue lines)
Support 1: 200 sats
Support 2: 130 sats

Forming a falling wedge, which will confirm a reversal after bouncing from one of the support lines and breaking resistance (red).

+
- RSI going to oversold territory.

-
- MACD and RSI confirming downtrend

Green lines are targets
Target 0: 200 sats
Target 1: 260 sats
Target 2: 335 sats
Target 3: 400 sats
Target 4: 460 sats
Target 5: 550 sats
Target 6: 650 sats
Target 7: 1000 sats

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