Siacoin vs Tether USD Rising Wedge (135% Mapped)

Here we have Siacoin (SCUST) in a rising wedge, it has been growing since March 2020. We will soon be talking about 2021 and 2020 will be in the past... Incredible isn't it?

In the last two weeks, SCUSDT managed to close above EMA10, EMA21, EMA50, and EMA100.

Last week we saw the biggest volume bar since February 2020... Both these signals are strongly bullish.

The RSI is at 57 weekly, which is also super strong.
The MACD is in the bullish zone.

We can expect to see Siacoin continue climbing within this rising wedge.

• The next target is mapped at 135% based on the October 2018 high.
  
  
• Before this one, we have a 60% target at $0.00565.
  

Siacoin vs Tether USD is looking bullish just like SCBTC.

Thanks for reading.

Namaste.

评论:

Moving perfectly within the rising wedge.