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...
SIACOIN is on the verge of a massive breakout! After hitting its bottom SC is on the rise and wont be stopping anytime soon , get some while its still low. Thinking our ultimate Goal is around .00000300 before breaking higher.
SC Thoughts:
I think this one is going to range down here for a bit longer and eventually pop to the upside (similar to $MFT's structure). Decent bullish div on the 12H here.
I'd feel comfortable buying the bottom of the range here, aiming at R1, R2.
