It's been a bloody few months for everyone. Time for Bitcoin to share the wealth. Targets in blue.
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HODL
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You've bought SC at a great price. Even if it dips lower, it will come back. Now pat yourself on the back, kick back on the couch and don't watch the price anymore. Set your sell targets and sleep well at night.
I mean yeah, I want this too. But what are you basing this on? RSI? Stoch? Ichimoku? Trendlines? I don't think it's enough to just set targets. There is soooooo much work to be done if Sia is to return upwards with any real authority.
@Brisben, Yes! But in all seriousness, it has mostly to do with market sentiment. Bitcoin has been mooning, and I think it's mostly new money coming in from fiat, which means first time Bitcoin buyers. Coinbase has been adding like 30,000 new customers PER DAY or something like that. So...these people are discovering Bitcoin, but they haven't learned about Alts yet. It takes time for them to figure out how to transfer their Bitcoin to other exchanges like Poloniex or Bittrex. Altcoins act as a relief valve for Bitcoin, like a hedge. And many alts have retraced by 80-100% now. It's just a matter of time before we see a massive pump.
Brisben
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@mychartslie, I agree. I've been adding to my bag in SC. I just think that we need more than 'sooner or later' you know? Like even just a downtrend line to show what we have to break to get back on track :)