Siacoin 15 minute: Bullish cross and flag breakout. With targets

POLONIEX:SCBTC   Siacoin / Bitcoin
Dilihat 1019 kali
1019 4
Here we see siacoin having found support at the 1.272 fib. Coincidentally, below this level we should consider getting out for another pullback.

Now, we're breaking out of a flag pattern . For confirmation, closes above 388 and 407 should do.

Upside targets are the fibs, but most notably for now the 550-570 level, because we can identify a bullflag here, and this would be the flagpole projection area. Expect resistance there and another bullflag, or else a top and a selling opportunity.

Finally there are good arguments for assuming it will not stay long above the yellow dashed line.

Check the related idea for more targets and trendlines . it has the chart on a longer timeframe and some interesting indicators.
Komen: do scroll the price-line for some more fibs higher if needed.
Purchased at 383 hope I am not late. I will hold it to get profit. everyone say it will go up , but do you have anytime frame when it should happen ? 378-381 are risky numbers
any thoughts?
@fskoro, We seem to be consolidating sideways on top of one of the fibs. the consolidation is in an uptrend. I'd say we are moving soon, perhaps to the upside.
+1 Balas
Nice chart! Thanks for sharing.
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית