I see you, Sia... and you look about ready to blow $sc #SCBTC
I've opened a long position.
Why?
Because it seems we're in the midst of a little alt-season and SC has yet to pump.
Volume is building at what has become the local bottom
Easy risk management: stop place just below recent lows.
Target?
The chart looks like it could be forming a cup and handle. If we are the top of the cup would be about 80 sats, so a nice 10% run.
Beyond that, if momentum picks up, this coin has the potential to do a verge (based purely on the chart - I haven't a clue about the fundamentals, so take with a pinch of salt) - 150 sats would be a reasonable target.
Warning:
If BTC takes a tumble, expect the alts to fall faster, so make sure you have well positioned stops.
Good luck!
DISCLAIMER: This is simply what I am doing at the moment. DO NOT COPY TRADE ME. I'm very good at making losses. If you do copy me, you accept you are a victim solely of your own incredible stupidity and you hold me free of any blame / liability in respect of your financial losses.
Why?
Because it seems we're in the midst of a little alt-season and SC has yet to pump.
Volume is building at what has become the local bottom
Easy risk management: stop place just below recent lows.
Target?
The chart looks like it could be forming a cup and handle. If we are the top of the cup would be about 80 sats, so a nice 10% run.
Beyond that, if momentum picks up, this coin has the potential to do a verge (based purely on the chart - I haven't a clue about the fundamentals, so take with a pinch of salt) - 150 sats would be a reasonable target.
Warning:
If BTC takes a tumble, expect the alts to fall faster, so make sure you have well positioned stops.
Good luck!
DISCLAIMER: This is simply what I am doing at the moment. DO NOT COPY TRADE ME. I'm very good at making losses. If you do copy me, you accept you are a victim solely of your own incredible stupidity and you hold me free of any blame / liability in respect of your financial losses.