I have outlined how siacoin periodicaly goes into accumulation phases forming a wedge pattern before another bull run. Key point is during accumulation phase it remains within the RSI green rectangle zone. Once it breaks on the upside, you are sure that accumulation phase has ended.
A good buying point is that it dips to 0.5 to 0.618 levels after a bullish run, that is a good point to grab more siacoins.
It hasn't touched the lower most part of the shaded "green zone" yet, if it does then that would be an excellent buying point.
Expect a short dip in this accumulation phase before it goes long
Trade ist aktiv
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SC is still in accumulation phase.SC can dip more and present good buying opportunities.
RSI is at 48% now on 4hrs timeframe, still hasn't touched the bottom of the shaded green zone.
Trade ist aktiv
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SC came close to breaking out but according to my chart it didn't breakout. RSI at 4 hrs still remain within the green zone. Accumulation phase is still on.
when do you spect sc grow up this price to 800 satoshis? 3 days? or more?
sniperz
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@jjhhxxzz88, Yeah I do expect the price to cross 800 - 900 satoshis in the next bull run. It can be even more.
Time frame, I can't comment on how many days. Accumulation phase is still not over yet.
CriptoAnalista
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@sniperz, o i see man thanks for teh ansewr, i excpect to grow op to 900. You can analisys antshares coin please?
sniperz
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@jjhhxxzz88, you are welcome. Bittrex market is not on tradingview yet. So can't analyse antshares
You can go to babypips.com and search on youtube. You will find lot of videos
CriptoAnalista
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@sniperz, thanks, i see. Thanks for the page i go to this. Ii follow to you thanks for the ansewrs again. I spect state in contact.