SCBTC 20% Profit Potential Short Term Ascending Triangle/Wedge
Hey everyone,
Since there are so many people calling for the market to crash, I will step in and give you the comfort you want to hear. Not long ago you all were sitting on the sidelines waiting for this moment. Well, its here and the bulls are back. If you missed the action in March, April, and December of last year, well, lets just say you have another chance. Today, we are looking at Siacoin, which is a well known alt coin. We are expecting huge gains if we can break the resistance shown in the 1 day chart below, sometime in mid May. This will be the first "long" term target. However, we don't have time for that and we need our profits now! The critical level inside this wedge on the 30 minute chart is 235 satoshis. We are expecting a bounce at this level in a few hours. Once we bounce we hope to see a quick 10% rocket up to the 260 satoshi level. Sell orders can be placed around here. However, there is a good chance that a flag will form once we reach these levels and we will continue upwards later. I will be posting updates as we go. Take a look at the DOGE chart. We expect to see a similar scenario as what happened there. Remember, don't panic and relax. You are lucky to be in your position and still in the game.
Roll one.
Since there are so many people calling for the market to crash, I will step in and give you the comfort you want to hear. Not long ago you all were sitting on the sidelines waiting for this moment. Well, its here and the bulls are back. If you missed the action in March, April, and December of last year, well, lets just say you have another chance. Today, we are looking at Siacoin, which is a well known alt coin. We are expecting huge gains if we can break the resistance shown in the 1 day chart below, sometime in mid May. This will be the first "long" term target. However, we don't have time for that and we need our profits now! The critical level inside this wedge on the 30 minute chart is 235 satoshis. We are expecting a bounce at this level in a few hours. Once we bounce we hope to see a quick 10% rocket up to the 260 satoshi level. Sell orders can be placed around here. However, there is a good chance that a flag will form once we reach these levels and we will continue upwards later. I will be posting updates as we go. Take a look at the DOGE chart. We expect to see a similar scenario as what happened there. Remember, don't panic and relax. You are lucky to be in your position and still in the game.
Roll one.
