derronpocci

Possible Double Bottom ?

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POLONIEX:SCBTC   Siacoin / Bitcoin
Hey Yall

Its not as clear on the 1 day chart, but on the 4 hr & 1 hr chart it seems that a possible double bottom is forming on the 50% retracement line. Seems we have strong bullish presence at the moment but will be keeping an eye on the situation to see how it plays out.

BTCUSD is on a strong bull run at the moment, but we will see if SCBTC can keep the bull run going before the BTC corrective candle.
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