Bittimmer

SC/USD stairway to gains

Long
Bittimmer Updated   
KRAKEN:SCUSD   Siacoin
I keep noticing siacoin loves to move in ascending triangles.

These triangles are confirmed by declining volume during the formation. Every triangle the amount of volume gets bigger and bigger.
I therefore think the next move up could be a big one where we surpass our all time high.

This will happen probably before the end of may.

So i'll keep hodling!
Comment:
on the 10th of may it obviously broke the support line. Since than a nice bottom has formed (again a ascending triangle) to set us up for the final wave in the bigger cycle.

I've uploaded a new macro analysis for Siacoin, target for this cycle is 0,30
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