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Siacoin hidden bullish divergence

Long
Siacoin / Bitcoin (BITTREX:SCBTC)  
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BITTREX:SCBTC   Siacoin / Bitcoin
Trend Analysis Chart Patterns Technical Indicators siacoin SCBTC Divergence moon
17
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trendanalysis chartpattern indicator siacoin scbtc divergence moon
Sia might be getting ready for its next big leg up. Might dip a little bit more if BTC decides to do its last corrective leg to 8500ish, but has huge potential upside anyway.
Commentaire:
It's breaking out to the upside, but the volume is low and the breakout looks unconvincing to me. I'm waiting till it breaks the new, third, added trend line and also for the RSI to cross the 50 level.

snapshot
(4hr)

On the one hour time frame it also looks like it's retracing. RSI is descending and the MACD not yet in the green.

snapshot
(1hr)
Commentaire:
Nice breakout. Waiting for a retrace.

snapshot
(1hr)
Commentaire:
Siacoin broke out yesterday and is now re-testing the support line. Interesting to see what happens, but I think it depends what BTC will do. BTC looks like it's dropping because of the future settlement and alts are following.

snapshot
(4hr)
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