Siacoin (SC) Moving Above EMA50, First Time Since Aug.
Updated
We can now see Siacoin (SCBTC) challenging and trying to stay above EMA50, which is the bold magenta line on the chart standing at 14 satoshis (0.00000014).
This is a very important level and staying above it can signal that the wait is over.
Many Siacoin fans, investors, and traders have been waiting for the moment this one takes off...
I can tell you that it is getting closer and EMA50 is one of those barriers that need to be cleared.
After this level is taken out, we can expect a new uptrend to form.
This uptrend can last for years... Think about that one for a minute.
Yes, it can take very long for the trend to change, from bearish to bullish, but once it does...
Just as we hit new All-Time Lows when prices are heading now, we will also hit new All-Time Highs when prices are moving up.
Multiple years of growth and then the final bull run...
Patience is key... We will have our turn.
Namaste.
This is a very important level and staying above it can signal that the wait is over.
Many Siacoin fans, investors, and traders have been waiting for the moment this one takes off...
I can tell you that it is getting closer and EMA50 is one of those barriers that need to be cleared.
After this level is taken out, we can expect a new uptrend to form.
This uptrend can last for years... Think about that one for a minute.
Yes, it can take very long for the trend to change, from bearish to bullish, but once it does...
Just as we hit new All-Time Lows when prices are heading now, we will also hit new All-Time Highs when prices are moving up.
Multiple years of growth and then the final bull run...
Patience is key... We will have our turn.
Namaste.
Note
The bulls are in the game now... Preparing for sustained growth.
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