AlanSantana

Siacoin Long-Term Higher Low | The Bottom (333%)

Long
KRAKEN:SCBTC   Siacoin / Bitcoin
Alright my friends its been a while since we looked at Siacoin vs Bitcoin so we are going to go long-term.

Is there more downside or will it grow?

We see a low set 9-May 2022 and this is very likely the bottom.
Because of the high volume.

If we look back at December 2020 we can see that right on the candle where the low was set we also have really high volume.

At the same time in both cases the RSI is at its lowest.

I can also see a bullish divergence with the MACD since March 2022.

I am mapping 333% potential long-term but there can be more.

Plan ahead before trading...
Stick to your plan and good luck!

Namaste.

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