Siacoin / Bitcoin
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SC - SiaCoin - Short

693
SC was one of the few coins to breakout upward during the crypto correction and has been a solid investment for sometime with heavy investment coming form players with deep pockets.

However, following the breakout it has formed a bearish ascending wedge. SC is facing heavy selling pressure and there a divergence has formed between technical indicators and the price.

Due to the TA on the chart and divergence of the indicators, I expect a pull back in price.

syot kilat
Nota
SC dropping, Price action matching technicals.

syot kilat
Nota
Hit a low of 369, looks like volume has kicked up since then.

syot kilat

Penafian

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