theCrypster

SCUSD - Sat at a Critical Point. Are We Heading Up?

Long
theCrypster Updated   
KRAKEN:SCUSD   Siacoin
Quite a pinch point we find ourselves in right now with Siacoin! We're touching the descending trend line after testing it a few times historically and we're also sat on a SR level which after a brief break downward we've since come back up to.

Something big is brewing here, we're thinking a large downward move is possible, around 30% losses, but a large upward move is more probable, easily hitting near 20% gains with the possibility of 40% gains up to the next real level of resistance!

If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Comment:
YEAH! -- Some big wicks breaking through recent resistance, that TP1 and TP2 hit and broken very successfully.

Nice one! 👍

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.