Summary: SC/BTC
Sia coin is one of the most popular altcoins with market cap of around 608 Million and stands at 34th rank as per coinmarketcap ranking. This coin has been long due for a big move since its last highs of 850 sats in Jun 2017
Pattern:
The price has formed cup and handle pattern on Daily chart with jun 2017 highs and Jan 2018 highs. We are see the wedge pattern now for the handle which can break anytime soon.
Price can still go a little deeper to full swing 78%fib at 156 sats before it finds any support and reverse the trend. we have to see impulse waves to understand how strong the bounce is and determine the upside targets. We should soon see the price breakout of the wedge and make higher highs.
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Disclaimer:
I am not a financial advisor, nor the information posted in this article is a financial advice. The information in this article is my personal opinion and is not recommended to make any investment transactions based on it. I do not take any responsibility for the investments made based on my analysis.
