We just looked at DigiByte vs Tether (DGBUSDT) and also DGBBTC several weeks into the past, this leads us to Siacoin (SCUSD), DigiByte's cousin when it comes to the charts. When one moves, they both move... Let's have a look.
Siacoin remained fairly strong during the correction based on a higher low vs Nov. '22.
The current action is really strong with SCUSD moving today on a full green candle above EMA100. Other pairs are still trading below EMA50, some above it but many still have to pass the EMA100 mark, Siacoin is one of those.
Moving above EMA100 opens the door for long-term bullish potential. Confirmation comes when the daily candle closes above this level here marked with a blue line at $0.00333.
It seems this will be a really strong wave... Patience is key. Plan ahead.
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