Siacoin (SC) Trading Setup
Updated
Siacoin ( SC ) is the native utility token of Sia , a blockchain-based distributed, decentralized cloud storage platform. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space.
According to its whitepaper, the long-term goal of Sia is to compete with existing storage solutions. It sees itself as being in direct competition with major cloud storage providers such as Amazon, Google and Microsoft . Because of its decentralized nature, Sia is able to offer competitive storage rates.
Latest news: 13 Jan 2021: Release of v1.5.4 marks an important chapter in Sia’s history - incorporating the Sia Foundation hardfork. Sia Foundation is a non-profit charged with developing & growing the Sia network.
You can also check my SC/BTC trading setup chart. I expect SC to have a strong bounce between 18-24 Jan 2021.
For details comment at any time!
Don't forget to follow and like if you find this helpful!
According to its whitepaper, the long-term goal of Sia is to compete with existing storage solutions. It sees itself as being in direct competition with major cloud storage providers such as Amazon, Google and Microsoft . Because of its decentralized nature, Sia is able to offer competitive storage rates.
Latest news: 13 Jan 2021: Release of v1.5.4 marks an important chapter in Sia’s history - incorporating the Sia Foundation hardfork. Sia Foundation is a non-profit charged with developing & growing the Sia network.
You can also check my SC/BTC trading setup chart. I expect SC to have a strong bounce between 18-24 Jan 2021.
For details comment at any time!
Don't forget to follow and like if you find this helpful!
Trade active
We have our breakout on second try! Trade is active I would not miss this.Trade active
Note
SC moving as expected, delayed with 4 days but good to go from here. Good luck!Note
As mentioned in my first comment:"I expect SC to have a strong bounce between 18-24 Jan 2021."
Setup and chart valid.
Note
Target 1 hit, next to move is Digibyte, you can check trading setup I posted. Trade closed: target reached
Setup for SC done, I've just seen on chart that target was reached right on time! That was amazing! If you watch original chart you can see I was expecting target to be reached around 30 Jan. If anyone needs new chart/setup for SC let me know. Also you should check my posted Digibyte charts, soon to move as expected!Note
As promised, Trading Setup & Momentum #2 is out.
Note
Second chart also done, SC gave us 3 perfect trades.
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