Short
SIACOIN - Simple Support & Resistance. RSI / MACD.
SIACOIN is another coin that has faced a run-up in price today, we are up 99% from a few days ago where the price bottomed out and started to consolidate which has to lead to this increase.
You should expect the price to drop in the upcoming hours since the market may need to correct before it can continue moving upward, there are two support lines, one being the first support and the other being the secondary. If the first support is broken it is likely we will see a drop to the second one.
As always trade the lines accordingly.
You should expect the price to drop in the upcoming hours since the market may need to correct before it can continue moving upward, there are two support lines, one being the first support and the other being the secondary. If the first support is broken it is likely we will see a drop to the second one.
- RSI is in the overbought section which indicates a very overbought market signaling a potential decrease.
- MACD lines will look to cross over in the upcoming days which is also another bearish indication you want to watch out for.
- Orange - Resistance.
- Pink - Support.
As always trade the lines accordingly.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.