Im trying to see what 
SCBTC is forming with its BTCUSD pair.
From the first pump, it looks like it could be a Descending Triangle, since the buyers are showing nice support at 0308. But we still need to watch the price action to see which side of the triangle the candle closes.
BUT I can also see this being an awkward looking falling wedge which would be a bullish continuation.
I am looking forward to seeing if we can hold support at the 0308 level.
At the moment, it looks like Bitcoin is going on a bull run up the price channel soon so maybe that will help kick start the sia bull run as well.
SCBTC is forming with its BTCUSD pair.From the first pump, it looks like it could be a Descending Triangle, since the buyers are showing nice support at 0308. But we still need to watch the price action to see which side of the triangle the candle closes.
BUT I can also see this being an awkward looking falling wedge which would be a bullish continuation.
I am looking forward to seeing if we can hold support at the 0308 level.
At the moment, it looks like Bitcoin is going on a bull run up the price channel soon so maybe that will help kick start the sia bull run as well.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.