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Technical analysis by MasterAnanda about Symbol SC: Buy recommendation (4/11/2025)

https://sahmeto.com/message/3440831
MasterAnanda
MasterAnanda
Rank: 192
3.3
Buy،Technical،MasterAnanda

We haven't looked at Siacoin in the longest time ever and I have to say that conditions are great. The chart looks right and the timing is right for a new bullish wave.Good afternoon my fellow Cryptocurrency trader, I hope you are having a wonderful day.Bitcoin is bullish and the Altcoins are starting to recover, the bullish bias has been confirmed.Siacoin is in a good spot right now if you are a buyer, a long-term higher low confirms this one as a strong pair. Many Altcoins produced a new all-time low in April 2025; here, for SCUSDT, this is not the case.We have a long-term higher low compared to November 2022 and this is good, it signals that the incoming bullish wave will be more than good.A classic correction, ABC, long-term. From a peak in February 2024 until present day. This is a very strong correction, next, there will be a bullish impulse composed of 5 up-waves. This is a classic pattern and market behavior, this is the end of the corrective phase.The end of the correction signals the start of the 2025 bull market.Not only a long-term higher low but higher highs are also present on the chart. February 2023 and February 2024, one year apart.What if the next high, the new All-Time High happens in February 2026? Or maybe November 2025.Looking closer, SCUSDT is now on its third green week. There is also a volume breakout this week. Both signals confirm that the low is in.» You can prepare for 10-15X, easy, but the market can produce 20 or even 30X. It is still too early to say, what we know for sure is the fact that growth will be happening for a long, long time.Thank you for reading.Your support is appreciated.Namaste.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$0.0029942
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