Siacoin (SCBTC) Updated Chart by Request

I shared a chart for Siacoin (SCBTC) recently and I am still of the same view, many are wondering about what will happen next.

We have a higher low and all the indicators pointing up, so Siacoin is likely to move up again.

Here is the previous analysis with additional information on the chart signals and indicators:

The green arrows show the projected path.

Conditions for change

• As usual, we are looking at the green arrow only if things continue as they are going now.
  
• If prices for SCBTC move and close below 0.00000020 the chart starts to change.
  
• Going below 0.00000015 puts the bears ahead and a new analysis would be needed.
  

Make sure to always have a plan if you decide to trade.

Namaste.