Monke555

Siacoin bearish

Short
POLONIEX:SCBTC   Siacoin / Bitcoin
Unfortunately rally is done due to btc dropping significantly. Alts including sia will continue to bleed against btc money flow going red and sia broke down from trendline it held previously. Unless btc resumes bull cycle or begins a new one after a bear market, another rally will most likely not happen anytime soon. It is unfortunate as everything has been set up nicely for a great run. For now sia has entered a bear market. If a reversal appears and strength comes back into the market, I will update.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.