SC Breaking Out from its range
Updated
SC or Siacoin is currently attempting to break the upper range + the 0.236 Fib. The current breakout candle has a massive volume spike, and RSI is diverging from the price in the past few days.
If it successfully breaks out, the first good TP will be 0.43 area, where the 0.382 Fib and the previous lower high sits.
Remember to do your analysis first
If it successfully breaks out, the first good TP will be 0.43 area, where the 0.382 Fib and the previous lower high sits.
Remember to do your analysis first
Note
However, remember that the perpetual contracts of this cryptocurrency in Binance is delisting soon. Take note when trading this.
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