TenjinCryptoGroup
Long

SCBTC Long, breakout imminent. SIACOIN

POLONIEX:SCBTC   Siacoin / Bitcoin
SIA has been in a strong upward channel. The recent market crash correction fell 36% to 307, and recovered up to the 620 area quickly. The price has found support in the channel boundary as well as previous areas of support.

MACD & volume indicators are in agreement.

Buy zones:
580
627

Sell Zones:
690
810

Stop loss:
518

Follow, share and like for more regular trading analysis. Comments welcome. Tweet for quick responses.

- Tenjin Crypto
@Tenjin_Crypto


As always, do not overextend on a position. Hold with 70% of portfolio and trade with 30% or less depending on your risk model.

Set alerts on blockfolio or whatever alert software you use for either sell areas or stop losses.

Comments

Big fan of this coin, can see it growing and growing. Mining and investing.
Reply
if it fall to 580 I will buy
Reply
@infogeovane, keep me posted how your trade goes!
Reply
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