SpaceChain (SPC) 250% Bullish Path MappedSpaceChain (SPCBTC) just printed a long-wick Tuesday that tested all the way down to MA200 as support.
Prices recovered and closed below the EMA200 brown line.
Today, we are seeing prices moving back above EMA100, EMA300, and also challenging EMA50 which signals bullish potential.
There can be additional correction before prices move up but any trading above MA200, which also coincides with the 0.386 Fib. extension level (now at 0.00000029) and we consider this a strong bullish setup.
The main targets are marked on the chart with magenta dashed-lines.
Namaste.
SPCBTC
SpaceChain Continues, Next Target Mapped, Easy 90%SpaceChain (SPCBTC) continues to grow smoothly.
We have been tracking and trading this one for a while and the pair is looking good.
Right now we have the bulls/GREEN in full control with prices aiming higher.
The next target is marked at 92 satoshis (0.00000092) for an easy 90%.
We bought much, much lower around 20 satoshis but prices can surely continue to grow.
Make sure to build your own plan before you trade.
This is not financial advice.
Thanks a lot for reading.
Namaste.
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Previous charts: July 17
SpaceChain (SPC) Breaking Above EMA200... Huge Potential (#7)
June 2
SpaceChain (SPC) Breaking Above EMA200... Huge Potential (#7)I've been holding and waiting on SpaceChain (SPCBTC) for months...
This is one of the alts that I hold.
See this chart here, we now have prices moving above the EMA200 brown line.
Coincidentally, we've charted multiple pairs today where EMA200 becomes the relevant indicator for additional bullish action, you can see it by visiting my profile.
With SPCBTC now moving above this level...
If the daily candle closes above, we can easily see more growth.
This is represented on this chart by the green arrow.
Looking at past history, we can see this indicator working as resistance over and over... Since February on this chart.
Now that prices are moving above, the doors are open for BOOM GROWTH!
Let's see how it goes.
We have low volume as a continuation signal and we also have a bullish cross of EMA50 and EMA100.
I will ride the whole wave and enjoy the profits on the way up.
Just as I tell you to be patient, I had to practice extreme patience to be successful with this call.
This is not financial advice... I am highly appreciative of your continued and amazing support.
Thanks again for pushing me to, and helping me stay, remain, be... NUMBER #1.
Namaste.
SpaceChain Project OverviewAbout SpaceChain
Founded in 2017, SpaceChain is a community-based space platform that combines space and blockchain technologies to build the world’s first open-source blockchain-based satellite network, allowing users to develop and run decentralized applications in space.
The SpaceChain operating system will be available to anyone, anywhere in the world, all while remaining secure and immutable through proven blockchain cryptography. In doing so, SpaceChain’s vision is to remove barriers and allow a global community to access and collaborate in space.
Source: spacechain.com
