Siacoin (SC) Support Found + 170% Target

2 ביולי 2021

Siacoin (SCBTC) has found support just below the 0.786 Fib. retracement level.

We also have a falling wedge pattern breaking out bullish.

With its price trading above MA200, there is potential for a bullish wave to develop here.

I've mapped up to 170% in potential profits for the second target.

We remain bullish above the 10 satoshis (0.00000010) low.
Any trading above this level and we remain bullish long-term on Siacoin vs Bitcoin (SCBTC).

Additional details on the chart.

Namaste.