Technical analysis: . SIACOIN/ETHEREUM is in a range bound and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. Trading suggestion: . The price is in a range bound, but we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support...
Technical analysis: . SIACOIN/BITCOIN is in a range bound and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. Trading suggestion: . The price is in a range bound, but we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support...
SIACOIN is doing elliot waves possible correction of A-B-C break of bearish resistance shopping area
Daily Looking at our highest timeframe we see price has respecting a bearish parallel channel, after breaking out of 215—240 satoshis consolidation zone. Price has retuned to it’s breakout support zone. Daily candles showing higher lows being formed. Stochastic RSI showing momentum is slowly heading towards the upside. 4Hour Shifting over to our pattern...
Soon we will see this baby close in the cloud. TK cross about to happen, but most likely in the cloud which is a neutral sign. BUT..... Edge to edge trade opportunity. Flat Kumo at the top, thick cloud. Once prices closes within the cloud there is a great chance that price will go straight to 350 sats (that's your target folks). STOP LOSS: 208 sats (Kijun Sen)
The level of support has moved slightly lower to the level of 216-214 , this time the support is much stronger and even if the fall is deeper, it will be the l ast drop in the coin , then only go up by the Elliott waves and guided by the Fibo. resistance zones and the trend bounce zones , in the aggregate confident levels. Buy below 220 and sell for 700. ...
SC will move to the uptrend channel in a short time. After 310 , SC will jump to 400 easily
A quick hi to all our followers on our Social Media and Telegram. We shall be posting occasional Technical Analysis and Charts for better understanding and support to some of our trades on TradingView. ------------------ Siacoin has remained within the pennant during the BTC dip. As long as SC keeps nice and strong, we should see a nice spike once it breaks...
Will enter SIA if it closes above resistance and crosses the middle of the MACD.
I see a cup pattern on the 5 min frame , also a Pennant , Also a cup pattern on the 15 min frame all pointing to the same point which is 500 satoshi
SC-BTC in the coming hour , down to 526 up to 556, 563, the ultimate target is 750 but that gonna take a while like a week
SCBTC forming a three drive pattern. TP: 440 Please do not rely on this chart, do your own research.