SCBTC - Buy at 183 and lower
Updated
SiaCoin entering OTE,
First Limit Buy is 183, 10% of position
Second Limit buy is 166, 50% of position,
Third is Limit buy is 134, rest
Target 1 : 269 (60% gain)
Target 2 : 300 (80% gain)
Stop : 121
Fundamentals : No events coming but SiaCoin has a ready product. Long term bullish behavior, with BTC slightly bearish this is a reasonable buy.
Worst case risk : Prolonged bear market back to 50 sats range, but our stop is way above that.
First Limit Buy is 183, 10% of position
Second Limit buy is 166, 50% of position,
Third is Limit buy is 134, rest
Target 1 : 269 (60% gain)
Target 2 : 300 (80% gain)
Stop : 121
Fundamentals : No events coming but SiaCoin has a ready product. Long term bullish behavior, with BTC slightly bearish this is a reasonable buy.
Worst case risk : Prolonged bear market back to 50 sats range, but our stop is way above that.
Note
Stop moved to 190 in profit, looking shaky.
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