kriptomaster

Respecting the downtrend ... Broked uptrend ... what else ?

BITTREX:SCUSD   Siacoin
So Sc was respecting the downtrend (which is colored with red) and have broked the uptrend (which is colored with white) what have caused a brutal fall from 0.008$ to 0.005$ …
We are now under the uptrend in a price canal between (resistance) 0.006136$ and (support) 0.0053032$...
Like all other altcoins, Sc is related to Btc, so if Btc broke down the uptrend ( see { btcusdt (binance) } analyse ) then we will broke the support of 0.0053032$ and go down directly to 0.00504$ and then 0.0042$ …

Else if we Btc go up, then Sc should broke the downtrend line (which is colored with red color) to go up …

Let's wait and see ...

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