SIENNA/USD - Has Sienna Bottomed After a 98% Crash? 🤔
Look at this thing, you could make horror movies with this price action.
However, after a 98% crash, there is some hope it could rally a bit.
Price hit the support of this downtrend channel and now it appears it may actually pump to hit the resistance.
That last 3d candle in red looks like a possible reversal candle, particularly if the current candle closes in green.
Either way, this price action gives signals of bullishness, but will Bitcoin allow it? Another drop in BTC will just destroy altcoins.
Stay safe out there!
Like and follow if you liked my idea!
However, after a 98% crash, there is some hope it could rally a bit.
Price hit the support of this downtrend channel and now it appears it may actually pump to hit the resistance.
That last 3d candle in red looks like a possible reversal candle, particularly if the current candle closes in green.
Either way, this price action gives signals of bullishness, but will Bitcoin allow it? Another drop in BTC will just destroy altcoins.
Stay safe out there!
Like and follow if you liked my idea!
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📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.