Siacoin vs USD Long-Term | 2 ScenariosHere we have two scenarios for Siacoin vs Tether, Long-Term.
Scenario #1 | Another drop before a bullish wave:
Here is an alternative view if a bullish wave were to develop now:
It is too early to say based on chart signals.
The signals are not clear enough.
We will revisit again in the near future.
Namaste.
SC
Siacoin vs Bitcoin Easy Target 115% (Up To 320% Possible)Siacoin vs Bitcoin has been bearish since forever.
This pair was added to Bittrex back in May of 2017 and we continue to see lower highs for many years.
There is some hope though, in December 2020 Siacoin bottomed and in May/November this year we have a long-term higher low, giving us the first strong reversal signal.
The next positive signal comes from the RSI above 55 weekly while SCBTC its trading at support. Again, a strong RSI near support we consider an early reversal signal.
The main/easy target is set at the counter-trendline, which is always challenged on a price bounce and it stands at the 30-33 price range or 0.00000030 - 0.00000033.
That is for 100 to 115%.
If instead of just a correction we get a bullish wave then higher prices are possible.
Based on Fibonacci proportions, the next high after 33 satoshis sits about 64 satoshis, giving us a total potential of 320%.
This is a mid- to long-term target.
This is just my opinion, view, analysis of the chart based on my studies and experience... Things can always change.
It has been 600+ days since the last bullish wave.
This pair is due a new bullish wave or a correction in the least based on how the Altcoins market cycles.
Namaste.
Siacoin Prepares For Major Move (60% Short-Term)A major move can happen on the Siacoin (SCBTC) pair but we start with the short-term target first.
EMA100 rejected growth back in April this year and this same level is working as resistance now.
Since SCBTC has been consolidation above EMA50 for the past month, as the EMA100 resistance gets challenged again we are alerted of an upcoming bullish jump.
As usual, low risk with high potential rewards.
We can have a 10-15% risk (stop-loss), while we aim easily at 60% to start but there can be 100% or more in the weeks to come.
Namaste.
Siacoin Prepares To Pullback (185% Target Mapped)After 5 weeks of consolidation Siacoin vs Tether (SCUSDT) is preparing for a pullback.
This is marked with a black arrow.
Notice the trading volume has gone to basically zero compared to last year.
As the volume dries out the market trend can start to change.
We can also see the RSI hitting a low and starting to curve upwards...
This weeks candle is about to close in a Dragonly Doji, another strong reversal signal.
This comes after a -9 on the TD Sequential...
All these are bullish signals after a new low is hit/support.
Reversals can only happen at support.
So when the chart is super bearish;
When the market sentiment is super low;
That's when the market turns and grows.
Namaste.
Siacoin Long-Term Higher Low | The Bottom (333%)Alright my friends its been a while since we looked at Siacoin vs Bitcoin so we are going to go long-term.
Is there more downside or will it grow?
We see a low set 9-May 2022 and this is very likely the bottom.
Because of the high volume.
If we look back at December 2020 we can see that right on the candle where the low was set we also have really high volume.
At the same time in both cases the RSI is at its lowest.
I can also see a bullish divergence with the MACD since March 2022.
I am mapping 333% potential long-term but there can be more.
Plan ahead before trading...
Stick to your plan and good luck!
Namaste.
$SC SiaCoin a strong case for the bullsSiaCoin the dentralized storage platform has had a 500% increase in storage used on its network since 2021 constantly growing and repeatedly setting ATH's in usage, the network had 0.5 PetaBytes stored by its users and at writing today has 2.5 Petabytes stored on the network. Behind the scenes of the token itself, the project is consistently growing in its utility and users, the sia network and the coin are paired like an elastic band and its only a matter of time as the sia network pulls further and further ahead that the coin will shoot back to the project and catch up to the gains the network is making.
The calm before the storm.....
In this analysis i've touched on some rough wave theory on the weekly marked by points 1 through 5 and points w,x & y. Ive then also brought in the fibs as it seems to have been respected at the .236 and .5 indicating the possibility of the more significant fibs being tested.
View siastats.info to view the growth of the network.
Siacoin Long-Term Chart (3200% To All-Time High)Siacoin hit its All-Time High vs Bitcoin back in June 2017.
Taken from the current price we have a 3200% potential if the same price is hit... But since we are within a higher low long-term, there can also be higher highs...
Patience is key.
We buy and hold long-term.
We trade with patience and love.
No margin, no gambling, no jumping around...
Patience...
Thanks a lot for the continued support.
Namaste.
SC 3 day chart looking for a breakout soon?SC 3 day chart is finally seeing and end to this madness.
look at how everything we need to breakis in the oarnge circle.
we have the Bull Market support band, 50/100 day ema, its above
the Hull Suite Indicator, RSI is looking Bullish as well. lets watch
whats happening in the Orange circle.
Siacoin Higher Low Since April 2021 (600% Potential)Siacoin vs Bitcoin (SCBTC) is in the process of printing a higher low compared to April 2021... Almost a year ago.
This is a long bearish wave...
After prices move down, the move back up.
Up and down, up and down...
SCBTC has been going down, what follows is UP!
We have a strong RSI at support and the MACD just entered the bullish zone.
If there is another drop, we remain bullish long-term.
Huge potential, 600%+.
This is not financial advice.
Namaste.
Closely Watching Siacoin... Easy 50-100% Jump Anytime!My fellow cryptocurrency traders, I am closely watching Siacoin as this altcoin moves with DigiByte and DigiByte already went through the initial bullish breakout.
We can see here the blue EMA100 line working as support/resistance...
This is the level that is being challenged...
Anytime now we will see a strong push to the upside.
You can find the targets on the chart.
We are aiming at 55% and 100% short-term, this can be a few weeks or just days.
Namaste.
Siacoin Bullish Bias Remains StrongWe reviewed several Altcoin pairs that went through a similar price action to Siacoin (SCBTC).
We can see an initial break of EMA50, 27-March, followed quickly by a retest of this level, 28/29-March, and it holds...
If the same pattern repeats as with other Altcoins, from this point forward Siacoin can resume its growth.
Of course, we have bullish indicators and bullish signals on this chart.
You can visit the "Related Trade Ideas" below for previous analysis with additional information as well as Siacoin vs Tether (SCUSDT)...
Thanks a lot for your support.
Namaste.
🆓Siacoin (SC) Mar-27 #SC $SC
SC has started an uptrend after breaking through the $0.01 zone. In April, SC may continue to rise to the $0.015 zone or even higher.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.01$ zone
🔴Buy : 0.011 - 0.01
🔴Sell : 0.013 - 0.015 - 0.017
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.01$ zone
🔵Sell : 0.01
🔵Buy : 0.009 - 0.0075
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
We Are Still Bullish On Siacoin (SCUSDT)We haven't given up on Siacoin (SCUSDT), in fact, things are looking good as its price remain trading above EMA50, which is always great.
We have a strong RSI and MACD bullish as well.
The Siacoin vs Bitcoin (SCBTC) pair is looking good as well, great 'buy' price.
But we need to be patient... The bullish wave will be massive once it takes place.
Namaste.
SIA 18 bear market comparison to TRAC 22SIA 18 bear market comparison to TRAC 22
think i had the positioning wrong. have adjusted it here. looks very similar to me.
if this is right then we flat here for a bit and then one more deep dive.
rebound is 65%.. not even that good really.
i have left this trade. thought id do this for anyone who actually gave a shit about that last analysis and also to point out alt pain might not be over.
obviously this is a very odd type of analysis. wouldn't put too much weight on it.
gl
Siacoin Risky But Promising Chart Setup (144.4% Potential)This chart setup is looking good but a bit risky.
Risky because we are dealing with early signals.
We have a bearish cross between EMA21 and EMA50.
A bearish cross can lead to a short-term bounce (up) but a mid-term drop (down).
We are looking to profit from this bounce.
All the levels are clearly marked on the chart.
That is support and resistance (targets) levels.
This is not financial advice.
All the information I shared is for learning and/or entertainment purposes only.
Thank you for reading.
Namaste.
🆓Siacoin (SC) Feb-10 #SC $SC
.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.01$ zone
🔴Buy : 0.011 - 0.01
🔴Sell : 0.013 - 0.016 - 0.02
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.01$ zone
🔵Sell : 0.01
🔵Buy : 0.008 - 0.0065
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
SC (siacoin) still looking bullish on the weeklySC (siacoin) weekly is looking great from
a macro perspective. its charting Hidden
Bullish Divergence with a higher low on price
a lower low on RSI. Aslo The DeMark 9 reads
an 80% chance it may of reached the bottom.
Im very bullish on this weekly chart... Prices
listed for targets and supports if it were to
break out of the trend line.