ForecastCity

There is a trading opportunity to buy in Siacoin Bitcoin ...

Long
POLONIEX:SCBTC   Siacoin / Bitcoin
Technical analysis:
. SIACOIN/BITCOIN is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.

Trading suggestion:
. The price is in a range bound, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.00000185 to 0.00000157). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00000185)
Ending of entry zone (0.00000157)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000239
TP2= @ 0.00000264
TP3= @ 0.00000319
TP4= @ 0.00000393
TP5= @ 0.00000453
TP6= @ 0.00000745
TP7= Free

High Accurate AI-Generated forecasts for:
🌟36 Forex Pairs
🌟175 Cryptos
🌟16 Stock & Currency Indices
🌟Gold,Silver,Oil,Gas

✅ Best Profitable Trading Strategies
✅ in 9 languages
✅ since 2007

FREE Telegram 👉 t.me/forecastcity_com
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.