Even though riding the BTC waves, SIA respecting lines nicely like the top reversal perfect with resistance trend formed by previous two tops, making the supports formed more reliable, even in the face of BTC movements.
Expect support at first purple and first red horizontal, next tried and tested supports would be the lower purple. Even if BTC drops to its 9-10k supports I doubt that SIA will test lower red.
Green is a prediction - If SIA breaks purple, then visually, at this rate, green would form nice support to bounce from, from by the two previous intermediate lows.
MA's and other indicators removed for clarity of LINES ONLY.
Please leave a like, thought's and comments on how to improve analysis appreciated.
Expect support at first purple and first red horizontal, next tried and tested supports would be the lower purple. Even if BTC drops to its 9-10k supports I doubt that SIA will test lower red.
Green is a prediction - If SIA breaks purple, then visually, at this rate, green would form nice support to bounce from, from by the two previous intermediate lows.
MA's and other indicators removed for clarity of LINES ONLY.
Please leave a like, thought's and comments on how to improve analysis appreciated.
Comment:
Apologies didn't include the origin of these lines. s3.amazonaws.com/tra...shots/s/sjqy0gRd.png