Trading Idea - Siacoin Is Continuing Higher Here (SC)

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Siacoin had a monster day 2 days ago when it rose 30% and today it contiued to the upside. Here is the daily chart:

FireShot Capture 757 - SCBTC_ 0.00000459 ▼−0.65% — Un_ - https___www.tradingview.com_chart_AxIWekrr_.png

Comment: What is good here is that we are already above the bollinger band median and we have also crossed the 2 important trendlines as you can see from the chart.

Now, we could take a breather tomorrow and go back and retest the upper trendline, but we could easily just go straight up here, that is why I like this setup.

My next target here would be 565 satoshi and in terms of an exit price, that would be around 390 satoshi.

Finally, I want to mention that you need to watch Bitcoin, it had a neutral/bullish day today so make sure that it does not go down again because that could quickly change Siacoin and most other altcoins as well.

Happy trading!

Trading Idea - Siacoin Is Continuing Higher Here (SC) | Ecency