Sia SCBTC - Slightly Shorter Term Targets
This is related to my other idea:
I zoomed in so we can see the target area for the more immediate future.
Looks like we've got a cup & handle (or inverse head & shoulders, both work in this case).
It might want to extend past the target and hit one or both of the previous peaks (I labelled them on the chart) so I drew a wider target area.
Of course I believe it will ultimately blow past all of these targets and hit at least the next fibonacci level around .00000905, but thought I'd include this if you want a shorter term goal.
I zoomed in so we can see the target area for the more immediate future.
Looks like we've got a cup & handle (or inverse head & shoulders, both work in this case).
It might want to extend past the target and hit one or both of the previous peaks (I labelled them on the chart) so I drew a wider target area.
Of course I believe it will ultimately blow past all of these targets and hit at least the next fibonacci level around .00000905, but thought I'd include this if you want a shorter term goal.
Trade stängt: målet nått:
Both targets reached, forming a larger cup - let's see if another handle forms to propel it to my next target of 900 satoshis.
It actually looks to me like it's going to hit higher than that now, probably closer to 1000 satoshis or higher - I'll update my main post here:
It actually looks to me like it's going to hit higher than that now, probably closer to 1000 satoshis or higher - I'll update my main post here:
Now it looks like the handle is its own C&H: