Siacoin ( SC ) is one of the oldest altcoins in the market and one that has giving us good money many times in the past. After months of market wide bear action, we are moving into a new wave. A wave up that can easily push Siacoin into 4x up or more. Let's take a look at some of the signals, quickly and move on to a trade.
Charts, signals and indicators for SCBTC by Alan Masters
Let's take a look at the daily chart:
- We broke the descending channel , as well as EMA10 and now trading safely above it.
- Volume was great yesterday. The biggest trading volume in 24 hours since June.
- We have a bullish crossover on the MACD and going into bullish zone.
- Long term bullish divergence on the MACD for Siacoin ( SCBTC ) is another positive signal.
Trade instructions for Alan Masters Trades supporters
Buy in: 95-105
Targets for Alan Masters Trades followers
(1) 130
(2) 175
(3) 200
Stop loss: Close below 82 on the weekly time frame.
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The good morning wind...
It inspires me everyday!
Namaste.