Siacoin Reversal Signal (Divergence)
Siacoin has a clear bullish divergence on daily chart and seems to have bottommed. If that turns out to be the case and it keeps consolidating at the current level, within 10 days it is due to cross above daily SMA50 which is a bullish pattern and will trigger a buy signal.
Note
Just realized a descending wedge is forming. Price might be pushed down the wedge until it breaks up towards the end.
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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.