SCBTC Poloniex 03Sep2017 upward trend + flag pattern potentially

Sia has an upward trend after bottom lows. The project has good fundamental potentials either. While moving upwards there may be a flag pattern developing as highlighted in the chart - if so I am planning to sell 30% of my deposit at around 247 level and buy back at around 208 level. Further up resistance are at 337 and 424 levels - these can be either set as targets and/or for sell/buy-back movement. At these resistance levels new patterns may need to be assessed for further movements.

Trade stängt manuellt:

Pattern fails as market retrieves. Self-rating 1 of 5. Waiting for further opportunities.