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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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.