Alright my friends its been a while since we looked at Siacoin vs Bitcoin so we are going to go long-term.
Is there more downside or will it grow?
We see a low set 9-May 2022 and this is very likely the bottom.
Because of the high volume .
If we look back at December 2020 we can see that right on the candle where the low was set we also have really high volume .
At the same time in both cases the RSI is at its lowest.
I can also see a bullish divergence with the MACD since March 2022.
I am mapping 333% potential long-term but there can be more.
Plan ahead before trading…
Stick to your plan and good luck!
Namaste.
This article was originally published by Tradingview.com. Read the original article here.