SC
SC - Elliott Wave - 800% targetSC - Elliott Wave - 800% target
i. Fall to 20 - 40 sts. The last wave of Siacoin was formed, it continued to reduce 5 main waves to reach the bottom zone of 19 to 21 ?satoshi. We will put our EP price at 20 satoshi. If we break this one we will buy Siacoin at less than 10 satoshi
ii. Up to 175 - 220 sts - where we will take Profit at 215 satoshi, (800% profit). Break out points do not break the uptrend we will reset EP to advance to Target.
iii. Target price is 434 sts - 531 sts. In this zone we will put the whole sale if you have been in the EP in the area. After this zone SC will likely return to downtrend.
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There is a trading opportunity to buy in SCBTCTechnical analysis:
. SIACOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 25.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000120 to 0.00000093). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000120)
Ending of entry zone (0.00000093)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000157
TP2= @ 0.00000179
TP3= @ 0.00000207
TP4= @ 0.00000239
TP5= @ 0.00000264
TP6= @ 0.00000319
TP7= @ 0.00000393
TP8= @ 0.00000453
TP9= @ 0.00000745
TP10= Free
There is a trading opportunity to buy in SCBTCTechnical analysis:
. SIACOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 25.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000120 to 0.00000093). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000120)
Ending of entry zone (0.00000093)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000157
TP2= @ 0.00000179
TP3= @ 0.00000207
TP4= @ 0.00000239
TP5= @ 0.00000264
TP6= @ 0.00000319
TP7= @ 0.00000393
TP8= @ 0.00000453
TP9= @ 0.00000745
TP10= Free
SC/BTC time line story ========== First Wave ==========
SC coin moves from 30St to 750St ATH about 2630% and gain 720St
then move down for a long correction from 760St to 45St about -94% and lose 710St
========== Second Wave ==========
moves from 50St to 450St about 595% and gain 385St
moves down for a correction wave from 440St to 114St about -75% and lose 335St
========== Third Wave ==========
moves from 110St to 320St about 172% and gain 210St
i think it will moves down for a correction wave from 320St to 110St about -65% and lose 210St
$SC, Radical Reversal Or More Sell Off
Weekly
Looking at our trend timeframe we see SC not showing any signs of slowing down, however when looking at our stochastic rsi we see momentum has bottomed out and we are starting to shift towards the upside. Weekly not showing any confirmations of reversal just yet.
Daily
Shifting over to our pattern timeframe we see last time price was at this point we saw a push from 125 up to 360, stochastic rsi showing momentum is shifting towards the upside. A daily close above 130 activates our trade, sitting on hands until we see a close above 130 otherwise expect a drop to 50—55.
Siacoin (SC) Double Bottom? (Huge Opportunity Forming)Siacoin (SC) might be forming a double bottom. Huge opportunities are building up, the time to buy has come.
Looking at the chart above, you can see that Siacoin went on a nice run after bouncing from a 121 satoshis low back in March. We reached this same low two days ago and Siacoin might have found its bottom and will soon go on another run.
This is no trade advice, but you can start getting ready, as Altcoins are loading and Bitcoin is going strong.
Here is the weekly chart as well:
- It needs work, but we have bullish divergence on the MACD and the STOCH is oversold.
- I believe it is only a matter of time, max a few weeks or much less, before Siacoin starts to move up.
Namaste.
SIA READY !? BREAK OUT COMING ?? :Dgoing through prior movement highlighted in blue the bulls pushed us to 126% profit.
we are on major support near 150 sats. if we fail a bounce/ rally from there we could see 135 area. (less likely )
we are currently in a area for high reward/ profit nearing to another all time low this year. with btc 30% rally this week the alts have to follow to some degree.
target is the 0.68 which will reward you 130% profit going long on this coin.
if you want to wait on the side lines.. keep an eye on the descending triangle once we break out area (170 sat range ) we will find new support out of that area we are going to the moon :D
Siacoin before a Binance pump 600% POSSIBLE PROFIT!Listing on the largest exchange was passed without any positive changes in the price.
Now we have an incredibly clear growth situation.
Double bottom and changing trend.
I buy as much as possible.
TARGET 1 0.00000200
TARGET 2 0.00000230
TARGET 3 0.00000400
TATGET 4 0.00000800+
STOP LOSS 0.00000150
There is possibility for the beginning of uptrend in SCETH Technical analysis:
. Siacoin/Ethereum is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000226 to 0.0000207). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000226)
Ending of entry zone (0.0000207)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000245
TP2= @ 0.0000271
TP3= @ 0.0000298
TP4= @ 0.0000327
TP5= @ 0.0000350
TP6= @ 0.0000391
TP7= @ 0.0000433
TP8= @ 0.0000492
TP9= @ 0.0000567
TP10= Free
There is possibility for the beginning of uptrend in SCETH Technical analysis:
. Siacoin/Ethereum is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000226 to 0.0000207). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000226)
Ending of entry zone (0.0000207)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000245
TP2= @ 0.0000271
TP3= @ 0.0000298
TP4= @ 0.0000327
TP5= @ 0.0000350
TP6= @ 0.0000391
TP7= @ 0.0000433
TP8= @ 0.0000492
TP9= @ 0.0000567
TP10= Free
SCBTC Wave of growth is comingIn the 1-day timeframe, the chart looks positive and demonstrates good trading opportunities. Stoch RSI indicates a small decrease right to our buying zone. The majority of technical indicators show that there should be a new wave of growth to the mentioned in the signal targets. SMA, EMA in all ranges are very bullish, Bull-Bear power, HMA are in the buy state. MACD levels confirm the upcoming growth. Fundamentals are also great the coin is listing on OKex in 3 days.
Risk are medium as there are only systematic and inherited from the whole crypto market caused by BTC fluctuations due to decrease of market capitalization.Coin specific risks are currently very low
SiacoinIf EMA 13 crossover EMA 34 + Sia break the red resistance =
The Bat pattern will lead the price to 0.00000185-201 and hopelly to 0.00000248... meaning profits between 11% and 50% respectively.
Educational Only!
If you like my ideas, please hit Like, leave a comment, share them and follow me for more!!
GoodTrade.
-CJ-
Siacoin/USD Falling Wedge and Bullish Divergence - rally to .03 Hi there,
Siacoin has been forming another falling wedge, which might be perceived as a fractal price movement.
The targets are similar to those of the last one.
It is crucial that the price pierces the downtrend (dotted line), which should be settled approximately at the 0.384 Fibonacci Level, if I got the time frame right.
There is a feint of a bullish divergence in the RSI, fortifying my opinion on the matter.
Targets for my trades are in the 0.18 and 0.3 price range.
Trade safe!
Nik
SCBinance listed SC and the price went up to 240s. Now, it is settled around 185s.
"The Hyperspace team is forking the Sia codebase and will be generating ~3.5B Space Cash to be freely distributed to all Siacoin holders..."
This news will raise the price again and the thumb ups are the targets for our trade.
Best of luck!
$Siacoin, $SC Bounce or Break
Weekly
Looking at our trend timeframe we see price is currently testing our uptrend line, momentum looking bearish although it is slowing down. A breakthrough our dynamic support and expect a drop towards 125 satoshis, leaning towards the scenario happening.
Daily
Shifting over to our pattern timeframe we see price has formed a lower high and is now looking to form a lower low, momentum contiuing to look bearish. A daily close above 200 and we should at our dynamic and horizontal support, however if we fail to close above this level expect a drop towards 125.