Developers recently annouced that the hostile antminer takeover from Bitmain will not be hardforked, which will bring tons of coins and hashrates into the sia coin universe. Bitmain is the same company with huge investments in Bitcoin, Bitcoin Cash, Litecoin & Dash, so for them to get interested in our project is very exciting! (regardless of their tactics).
I am currently seeing an inverse head & shoulders forming inside of either a falling wedge or descending triangle so only time will tell.
I am long on this position for sure and think we will see huge gains in Q1 and Q2.
Looks like a strong bull candle to start off the 4 hour bull charge :)
Lets see if we can close with it so it can solidified!
Operación activa
⋅
Looks like we have reached the D target on our Elliot Wave Consolidation point D. If this holds true we will see a little retracement to E before our continuation of the next cycle.