We're running out of time and SIA is forming a potential diamond top that can drop 18-20%. Let's see.
SIA coin has rebounded strongly from support after a breakout and is now heading towards its next target of 0.01 euro.
SC/EUR symmetrical triangle wave pattern ??? Siacoin on the daily chart appears to be making a symmetrical triangle pattern, is it?
love the technology of Siacon so this is a long term hold!
Seems like a breakout coming, resistance drawn in as a rectangle . Trend can be seen as a line. I expect it to bounce back from there to continue to go upwards.
Potential energy buildng up here for a SC slingshot move. Tight SL. I am looking at the 5min time frame here to follow early signs of the move.
Two positions proposed, one with R:R of 3.8 and second with R:R of 11. First one should be relatively quick, while second will require some patience. Good luck.