*Thank you to Jasper for clearing everything up for us!*
We entered long at 0.00000060, and we're still currently about 110% in profit!! (In terms of $!)
Heres our look on SCBTC!
Price has broken the trend, created a flag and the flag has broken out! So from the current price we enter long;
For more confirmation..once the price goes above 0.00000075 (yes that is six zeros!) it also creates a on the daily!
No take profits were stated, because we're planning to be long until we see an indication that price is reversing or price hits our stops.
We appreciate all the supportive feedback and if theres any questions or comments feel free to let us know!
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Making a triangle! With BTC raising dramatically in price, and SCBTC still holding the same price, the value naturally increases. *Keep in mind this is same vice-versa
Cheers to everyone who bought Sia with us! We're up over 25% already on this trade! It might not show it in the chart, but when you goto SCUSD it does! With BTC going above 9,500 and SCBTC staying at relatively the same price (0.00000060) Sia is rocketing!
Going higher! aiming for 0.0000009
Starting to break down a bit, adding at around .50 fib levels!
Entering re-entry zone!
Heres for the short term traders that have been asking us to make a more detailed update on the current movements!
Re-entry for intraday price created a larger flag & broke it! Stops below previous low. Actually expected the price to dip to about 65 sat, but bulls came back early
Weekly MACD coming close to crossing! Been waiting for this since i made this post!
With BTC reaching for 17K sent this market real down, but since we're still in about 60% profit from our entry at 50(USD TERMS) We'll hold it unless it goes below the 618 on the USD chart! If it dips below, we'll close our entire position and look for a re-entry around the 40 sat levels (BTC terms)!
Looks like you are thinking it could drop to around 80 or so, then push back up. I know in chat you mentioned 120 was a good short term target. Do you still feel that is a good target, or has that changed. I saw someone say a lot of bagholders from a while back might be looking to unload, which I can understand since I held SC for a while months ago and it never produced. I bought in around 78 and 100, so I am in profit still. was wondering if it might be a good idea to cash out my 78 purchased coins and maybe hold the ones I got at 100. Guess I'm just wondering how strong you still feel the TA on SC still is, in light of the last few days of watching it unfold.