SIACOIN/BTC overlook
after the price action breach 60 satoshi support level.. apparently it will test toward +- 50 satoshi as a past support..
volume is non existence from weekly chart .. indicator rather flat and keep going down from macd and RSI ..
although from indicator perspective it's a possibility for bounce since it's indicate oversold from daily timeframe by MACD and RSI that almost crossover into a buyer side.
i also took a pattern bar from october 2016 to april 2017 and match it up with current movement that i assume will follow.. we will see how the future will tell us..
please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.
volume is non existence from weekly chart .. indicator rather flat and keep going down from macd and RSI ..
although from indicator perspective it's a possibility for bounce since it's indicate oversold from daily timeframe by MACD and RSI that almost crossover into a buyer side.
i also took a pattern bar from october 2016 to april 2017 and match it up with current movement that i assume will follow.. we will see how the future will tell us..
please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.
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