Siacoin (SC) Dropped At The Support Of A Pennant For Another Possible Reversal Move

in SteemitCryptoAcademy3 years ago

Hi dear friends, hope you are well and welcome to the new trade setup of Siacoin ( SC )

Bearish Pennant:
On a daily time frame, Sia has reached at the end of a bearish pennant and the movement is squeezed. Therefore, at any time it can breakout or break down this pattern.

image.png

Testing Strong Support:
On a long-term weekly time frame, it is very clear that priceline is testing a support of $0.013, therefore there is a more possibility of breaking out the aforementioned pennant .

image.png

Don't forget to upvote/tip and share the post, thanks

You can also support my work at Patreon for more ideas:

https://www.patreon.com/moon333

In order to play and watch the current performance of the chart you need at least a free account on tradingview:

https://www.tradingview.com/gopro/?share_your_love=moon333

KuCoin is one of the best exchange to find crypto gems:

https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3

Link for Binance exchange, to trade crypto:

https://www.binance.com/?ref=11256882

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.