SIACOIN its double bottom pattern is almost confirmed...
Atualizado
With its Double Pattern almost confirmed this looks very bullish for SiaCoin.
But the RSI is sick. It went from long underbought to almost overbought in a 2 weeks.
Volume is good and strong but not outstanding. Next kind of resistance is around 50EMA weekly.
After a good close after hitting 40 satoshis this will be a good entry point to position size from.
Curious on how this will play out. Bull market started for a lot of altcoins like LINK.
But the RSI is sick. It went from long underbought to almost overbought in a 2 weeks.
Volume is good and strong but not outstanding. Next kind of resistance is around 50EMA weekly.
After a good close after hitting 40 satoshis this will be a good entry point to position size from.
Curious on how this will play out. Bull market started for a lot of altcoins like LINK.
Nota
pattern got invalidated (no candle closed above neckline) and is rejected at 40 satoshis. Also seems like a bear flag formed which price just broke to the downside and seems bearish on first glance.
Aviso legal
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