SCBTC Bullish Short term mood and LR equilibrium
Siacoin (SCBTC) is about to start bull run. Let's look at the 1-day and 3-hours chart.
The price managed to break upward twice. Moreover it touched Ichi critical area at the long term price graph.
At the 3-hours timeframe we can see that SC bounced from the trend line and broke through resistance of Ichimoku clouds zone and now it is a strong support for upward movement.
RSI is bullish and MACD curving up, there is no resistance that can stop SCBTC. Momentum (10) and SMA and VWMA are positive too.
Free target is EMA50 (Red line - 0.00000079) where the price will penetrate Ichimoku clouds.
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The price managed to break upward twice. Moreover it touched Ichi critical area at the long term price graph.
At the 3-hours timeframe we can see that SC bounced from the trend line and broke through resistance of Ichimoku clouds zone and now it is a strong support for upward movement.
RSI is bullish and MACD curving up, there is no resistance that can stop SCBTC. Momentum (10) and SMA and VWMA are positive too.
Free target is EMA50 (Red line - 0.00000079) where the price will penetrate Ichimoku clouds.
If you enjoy this analysis and make profit using this information, feel free to support us by hitting LIKE and leaving a comment
Sincerely,
SkyRock Signals team
Commentaire:
Went below Ichi but holds at the support area. Duration extends by 3 days
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