it hit the top shelf of the cloud. from what i see it may be the 5th wave and due for a pullback. rsi hasnt reached oversold yet though so i am not sure. macd looks like it may cross over on the 4 hour but not yet on the daily. Any and all criticism is welcome
Everyone should listen to "Hello" by Lionel Richie when we think about Siacoin (and Tron [and Verge])..... "Helllooo, is it me youur looking foorrrr...are you somewhere feeling lonely....." -- --- it's pain--staking...!!!
Cunhl
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@rmondragon, personally I am in it for the long haul. I am hedging that the obelisk miners will drive up the hash rate and price will follow
GekkoEleven
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Wave 2 never retrace more than 61.8%. Look up Elliot Wave for more info.
Cunhl
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@KhanhNguyenf3, Thank you, I have been trying to study Elliot Wave theory. Any suggestions on books/materials?
t3rd
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Why do you think the fifth wave will break the support line?