Siacoin (SC) is ready to breakout bearish pennant.
Hi dear friends, hope you are well and welcome to the new trade setup of Siacoin ( SC )
Bearish Pennant:
On a daily time frame, Sia has reached at the end of a bearish pennant and the movement is squeezed. Therefore, at any time it can breakout or break down this pattern.
Testing Strong Support:
On a long-term weekly time frame, it is very clear that priceline is testing a support of $0.013, therefore there is a more possibility of breaking out the aforementioned pennant.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Bearish Pennant:
On a daily time frame, Sia has reached at the end of a bearish pennant and the movement is squeezed. Therefore, at any time it can breakout or break down this pattern.
Testing Strong Support:
On a long-term weekly time frame, it is very clear that priceline is testing a support of $0.013, therefore there is a more possibility of breaking out the aforementioned pennant.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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