SIACOIN-USDT(Falling Wedge Breakout)
Updated
Siacoin is the native utility token of Sia blockchain, a decentralized cloud storage platform. It acts as a trustless marketplace wherein users can lease access to their unused storage space.
On 1 hr Time Frame, Siacon has been trading in a Falling Wedge formation.
At the time of writing, it has given a breakout from the pattern and is also currently trading above its 20 and 50 HEMA.
The support to the lower side is present at $0.017 while the resistance is present at $0.025 followed by $0.027.
On 1 hr Time Frame, Siacon has been trading in a Falling Wedge formation.
At the time of writing, it has given a breakout from the pattern and is also currently trading above its 20 and 50 HEMA.
The support to the lower side is present at $0.017 while the resistance is present at $0.025 followed by $0.027.
Trade closed: target reached
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