$SC/BTC 1D (Binance Spot) Falling wedge breakout

Siacoin just broke out of that wedge and 100EMA is acting as support now, let's fill a bag!

Current Price= 0.00000018
Buy Entry= 0.00000018 - 0.00000016
Take Profit= 0.00000023 | 0.00000031 | 0.00000037
Stop Loss= 0.00000012

Risk/Reward= 1:1.2 | 1:2.8 | 1:4
Expected Profit= +35.29% | +82.35% | +117.65%
Possible Loss= -29.41%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2160h

Trade closed: target reached

TP1 reached with +35.29% (1x) and 1.2R

Siacoin perfectly bounced on 100EMA as expected, still much space upwards!

Note

2nd target missed by 1 sat

Siacoin got rejected at 30 sats and pulled back down to 100EMA.
After some consolidation it seems to be ready for more so I'm adding to my position!
Also, I updated last target a bit higher (to 0.00000040₿) since it could totally pump hard.

Trade closed: target reached

TP2 reached with +82.35% (1x) and +2.8R

Siacoin pumped as planned, that is so nice, good thing I reminded you about it a week ago!
Enjoy that big profit and keep some remaining position up to last target and maybe more.

Trade closed: target reached

TP3 reached with +135.29% (1x) and +4.6R

That's a wrap for Siacoin, this is surely a great sign for Alt Season 📈

Note

More information about Siacoin:

It aims to offer a decentralized cloud storage infrastructure.

The Sia blockchain allows this marketplace to run without intermediaries.

The Sia network runs on a Proof-of-Work (PoW) consensus algorithm (that means you can mine it).

research.binance.com/en/projects/siacoin

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