I keep noticing siacoin loves to move in ascending triangles.
These triangles are confirmed by declining volume during the formation. Every triangle the amount of volume gets bigger and bigger. I therefore think the next move up could be a big one where we surpass our all time high.
This will happen probably before the end of may.
So i'll keep hodling!
Note
on the 10th of may it obviously broke the support line. Since than a nice bottom has formed (again a ascending triangle) to set us up for the final wave in the bigger cycle.
I've uploaded a new macro analysis for Siacoin, target for this cycle is 0,30
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.