Siacoin (SC) formed a big bullish BAT for upto 430% huge move
Hi dear patrons, hope you are well, and welcome to the new update on Siacoin (SC).
Previously we had a very nice trade of Sia and it produced more than 800% rally:
Now this time on the weekly time frame chart, the price line of SC has formed a big bullish BAT. There is also 50 simple moving average support in the buying zone.
Buy and sell targets:
Buy between: $0.0158 to $0.00975
Sell between: $0.0303 to $0.0523
Stop loss:
The maximum extent of the buying zone $0.00975 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 430%, and the loss possibility is 38%. However, at this time the loss ratio will be very low, because the priceline is already moving at the end of the potential reversal zone.
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
Previously we had a very nice trade of Sia and it produced more than 800% rally:
Now this time on the weekly time frame chart, the price line of SC has formed a big bullish BAT. There is also 50 simple moving average support in the buying zone.
Buy and sell targets:
Buy between: $0.0158 to $0.00975
Sell between: $0.0303 to $0.0523
Stop loss:
The maximum extent of the buying zone $0.00975 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 430%, and the loss possibility is 38%. However, at this time the loss ratio will be very low, because the priceline is already moving at the end of the potential reversal zone.
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