SIACOIN SIA/BTC Technical Analysis 5/22/2018

Technical Analysis:

• SIA has already retraced to the .618 Fib level making it an attractive buy at these lower prices: 200-230 satoshi
• On the 1 hour chart - a Golden Crossover looks to be imminent 
  • This is when the 55 EMA crosses over the 200 EMA 
  • The last time this happened SIA ran up from 125 satoshi to 325 saotshi
  • Tron TRX/BTC just had a Golden Crossover on Friday May 18, 2018, on the 1 hour chart, and it ran up from 830-988 satoshi 
• Support/stop-loss  between 200-220 satoshi
• Look for the  golden crossover to happen as confirmation for a run up
• Initial sell targets at 250 satoshi and 270 satoshi

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I am not a financial advisor, nor is this intended to be   financial advise. I encourage you to do your own research considering  this blog is  a way for me to  document my own personal  analysis,   charts, trading decisions, and experiences. If you would like to learn  more about trading, cryptocurrencies, and the resources I used to    learn   how to trade and invest, see my  previous post - LINK.