SiaSun

here are my feelings about the past week

BITTREX:SCBTC   Siacoin / Bitcoin
So #siacoin had some pretty bullish signals going on for it. A nice doji formed while oversold price 240 satoshi which did close @245. This kick started a nice little trend upward from a downward staircase but it only managed to meet 330 tops. And that's all good and well its better than nothing but I had 340 in mind therefore i fell 10 satoshi short of my target price.

Currently it fell out of my main bullish channel line and dipped right back into support reserves just under 280 forming another cross which does in fact indicate a reversal. I feel as though 3OO may not be much to ask for as it climbs its way back to the top on the rsi . It's important that we don't get fearful and panic sell or panic buy I did break those habits. Unfortunately though, I may have a new vice which is greed. Find an entry, find an exit, take profit,and it should be as simple as that but my greed always keeps me attached to wanting more.


In other news, bitcoin is on its deathbed shitting itself. Personally I don't follow bitcoin anymore, I left as soon as mainstream media started telling me to buy. What I do know for sure is it does influence the market and if it doesn't recover it follow to number 2 on the coin marketcap switching places with ethereum. Bitcoin is just washed up in my opinion and when it starts to affect how much money I make I begin to take it personal. Outside of that I don't have much more to add.

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