Siacoin (SC) formed bullish Shark for upto 224% big move
Hi dear patrons, hope you are well, and welcome to the new update on Siacoin (SC ).
During the previous market crash of April to Jun 2021, SIA formed a big bullish BAT, which I shared as below:
The priceline moved close to the sell targets but move down back inside the buying zone. Therefore the above trade is still valid.
Now during the current drop, on a weekly time frame, SIA has formed a huge Shark move.
Buying and sell targets:
The Potential reversal zone is from: $0.00990 to $0.00502, but we have strong support at $ 0.00760, therefore the buying zone can be from $0.00990 to $0.00760
Sell between: $0.01456 to $0.02465
Stop loss:
Below strong support of $0.00760
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of up to 224%, and a high loss possibility of 24%.
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
During the previous market crash of April to Jun 2021, SIA formed a big bullish BAT, which I shared as below:
Now during the current drop, on a weekly time frame, SIA has formed a huge Shark move.
Buying and sell targets:
The Potential reversal zone is from: $0.00990 to $0.00502, but we have strong support at $ 0.00760, therefore the buying zone can be from $0.00990 to $0.00760
Sell between: $0.01456 to $0.02465
Stop loss:
Below strong support of $0.00760
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of up to 224%, and a high loss possibility of 24%.
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