Technical Analysis:
- SIA has already retraced to the .618 Fib level making it an attractive buy at these lower prices: 200-230 satoshi
- On the 1 hour chart - a Golden Crossover looks to be imminent
- This is when the 55 EMA crosses over the 200 EMA
- The last time this happened SIA ran up from 125 satoshi to 325 saotshi
- Tron TRX/BTC just had a Golden Crossover on Friday May 18, 2018, on the 1 hour chart, and it ran up from 830-988 satoshi
- Support/stop-loss between 200-220 satoshi
- Look for the golden crossover to happen as confirmation for a run up
- Initial sell targets at 250 satoshi and 270 satoshi
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I am not a financial advisor, nor is this intended to be financial advise. I encourage you to do your own research considering this blog is a way for me to document my own personal analysis, charts, trading decisions, and experiences. If you would like to learn more about trading, cryptocurrencies, and the resources I used to learn how to trade and invest, see my previous post - LINK.