DLavrov

Siacoin Long Term Trade

Panjang
POLONIEX:SCBTC   Siacoin / Bitcoin
The price diverges with RSI at the support zone. It's the 1st signal which tells us about a possible trend reversal. We can expect that the market will bounce from the support zone and start a new uptrend. For investing and long term trading, we can use the daily chart for searching entry levels. The 1st buy order should be placed above the local high at 0.00000140 level. When the market passes throguh the cloud, it will be a confirmation of trend reversal and a new buy signal. Pending order will be placed above the high of the signal candle. Stop orders must be placed below the support zone at 0.00000090 level. Profit targets are 0.00000500 and 0.00000750 levels.

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Penafian

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