jakob299

Sia BUY Opportunity

Long
jakob299 Updated   
POLONIEX:SCBTC   Siacoin / Bitcoin
Sia is currently currently in a falling wedge and looks extremely oversold on the daily chart. RSI hovering around 20, MACD flat. With a big new release expected in November and as bitcoin's price retracement looks more and more likely I believe Sia to be one of the better buys you can make right now. Target entry is around 55sat if falling wedge is broken, first target 200sat, final target between 400 and 500 sat.

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Comment:
Broke falling wedge, if it closes above 50 sat today then we have a good entry point.
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BTC fork was called of which is great for the whole altcoin market. Now is the time to buy!!!
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Pleased with current SIA growth, we should see a move up in the middle of next week.
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Somewhat sideways movement since I last posted, mostly to do with BTC/BCH. Still optimistic about Sia, think we should see something soon.
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Sia still going sideways and as such is still a good entry point!
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Last call to buy, Sia tweeted that their ASIC resitant difficulty adjustment is coming today.
Comment:
Sold soem Sia today, looking for 300sat.
Trade closed manually:
Closed my remaining position today. 1000% not bad eh?
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