Brisben

Up and Up: the Mid-term for SC

לונג
Brisben מעודכן   
POLONIEX:SCBTC   Siacoin / Bitcoin
SC has recently broken the downtrend and has shown some positive upwards movement. Looks like it will have to break out of this triangle to continue moving up.
הערה:
Well that happened a lot quicker than I anticipated! Happy days.
הערה:
Possible inverse H&S signalling more upwards movement. Probably a small dip first.

הערה:
Also potential flag?

הערה:
Expect a bounce off the bottom of the flag. Over 40 btc hanging there waiting to get in.

הערה:
Another 85 btc between the bottom of the flag and the red line at 390 sats.
הערה:
Make that 100 btc. People want in now. hahaha
הערה:
The elastic band is stretching, stretching. Stoch RSI is signalling that SC is oversold. And there's 107 btc between 395 and 390 sats.
הערה:
FYI I'm using a 15 min chart because this is probably going to start moving pretty quickly soon.
הערה:
הערה:
Interesting...30 btc just appeared at 401 sats. Bears making a push?
הערה:
The Battle of 400 begins. 55 btc at 401 sats.
הערה:
Okay bears, you win this round. Let's see if SC can hold the trend line.
הערה:
Accumulation, check. Ichimoku, check. RSI, check. We are almost ready :)

הערה:
Hoping for a slow build. If this pops too quickly and escalates outside the Bollinger Bands we will probably drop back down.

הערה:
Hugging this support line pretty tight

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