OK fellow traders, please give your input on this. Siacoin is a cheap altcoin that looks poised for some nice returns shortly. Since the beginning of April the trend lines are upward and expanding, and has been trading nicely within upper Fibonacci bands. If that trend holds (gray box) we could be looking at 20%+ returns in 7-10 days. Thoughts?
Comment:
SC exceeded expectations by increasing 57%! Notice the repeating pattern after a sharp increase - you get some profit taking and the pattern repeats. If the trend continues to hold we could see Siacoin top 110-115 by third week of May.