Hi dear friends, hope you are well and welcome to the new trade setup of Siacoin ( SC )
Bearish Pennant: On a daily time frame, Sia has reached at the end of a bearish pennant and the movement is squeezed. Therefore, at any time it can breakout or break down this pattern.
Testing Strong Support: On a long-term weekly time frame, it is very clear that priceline is testing a support of $0.013, therefore there is a more possibility of breaking out the aforementioned pennant.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.