Siacoin (SC) Will Test The Last Peak... or Higher! MUST READ!Siacoin (SCBTC) has been consolidating before it moves to test the last peak/high.
Prices for this altcoin pair can surely go higher, but if we look at the short-term targets and for a trading approach, the last high is more certain and also an easy hit.
How does it all works?
How can I make this assumption that prices are going higher?
After moving above the MA200 black line SCBTC peaked at 45 satoshis (0.00000045).
After this, a retrace followed and MA200 was tested as support.
As soon as prices hit the MA200 black line, we see SCBTC building up on bullish momentum and moving back above EMA200, EMA10, EMA100, and now EMA50.
We also have a strong RSI above 50, a bullish cross on the MACD, and hidden bullish divergence with the MACD when we look back at Sept. 2019.
We also have more signals based on candlestick reading, the Ichimoku cloud, and volume profile... Just to name a few.
When you mix all these tools together, you can get a very accurate picture as to what will happen next... BUT... A huge and big BUTT... 😂...
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast so...
We prepare for ALL POSSIBLE scenarios regardless of what the present chart is saying.
We are looking up, aim up, love up, and get paid when prices move up.
Now, we are not here to become attached to some signals coming out of a chart or our own bias, instead, we are here trading to get paid.
If prices move down and close below EMA10... We take it as a warning that things can change.
Conditions for change
If prices move and close daily below MA200, this set up is lost...
So as a rule of thumb, we use 26 satoshis as our stop-loss!
See how it works?
It doesn't matter how strong the signals are...
You have to have a plan, always, in case things go wrong.
And in my position, you can't ever say I was wrong...
Because I just read the chart for you but also prepared you in case the market turns.
Namaste.
SCBTC
Siacoin (SC) Clear Uptrend + Easy 99%+ TargetSCBTC (Siacoin) is looking pretty good and momentum is building up now as I write this.
Let's keep it short and simple...
The next targets are marked on the chart.
Easy 90%+.
SCBTC is strongly bullish right now.
Namaste.
SCBTC uptrendingthis is my first public analysis. so be nice to me. as u can see sc is uptrending. after the coinbase realize news sc is going to uptrend and now it pushes forward.
SC/BTC looking bullish!SC/BTC is showing signs of trend reversal. It has formed a rounding bottom which is a reversal pattern, higher highs and higher lows, broke above the 200 daily moving average, monthly MACD turned bullish. It is also one of the coins Coinbase is researching and has potential to be added to the exchange which usually moves the price higher. 280% profit is possible if it reaches the previous highs. Critical level to break would be around 43 sats. When it broke that level or bounced from it in the past, it made a loooot of profit (zoom out).
Do your own research and good luck ;)
SC ready for the next legs upSC has built a new base price of 26-27 sats and is preparing for the next legs up. 2 target points are from the last supports of approximately 40 and 66. The current base looks like a BUEC high-percentage long play.
Current important news around SC:
1. Currently Sia is doing its 3rd hackathon, which has brought tons of new developers into their ecosystem.
2. New partnership with Namebase which allows internet addressable links directly to their skynet. An example is this link: siasky.net (A decentralized token swap utility). This partnership is highly important as it allows skynet to become a complete CDN for all internet content (think decentralized internet and completely censorship-resistant)
3. The release of software 1.5 which adds additional functionality to skynet such as a. 100x improvement in user traffic, developer incentives built into skynet, Equinox software improvements that drastically improves the renter's experience.
Sia is one of the few projects in the crypto space that has a real use case, has a working product, already has commercial companies using it and is quickly gaining global users and partnerships. Sia already has everything in place to create a fully decentralized internet. The time to own this is is BEFORE it takes off like a rocket.
SCUSD - Potential 20-80% upwards moveSCUSD
BTC pair has been falling down
USD hasn't been moving much
I think SC will make a big move soon
No idea when the Coinbase listing will happen
SETUP:
Entry: 0.0037000c+
Stop: 0.00337673c
Target: 0.0045c, 0.007c
Potential to make 20-80% upwards
SC/BTC ABOUT TO MOVE UP!Looks like the MACD is getting enough momentum and the RSI is bottomed, strength is getting stronger, and is staying strongly above the 200MA. get a bag and HODL.
SCBTC is preparing for climbingAfter double top SCBTC is dippinng around 25-27 sat level and preparing for next bullish wave. Volume is still low. First target is around 50 sat and next one is 73-74 sat levels. SL is 20 sat
✳️Siacoin [SC/BTC] on July 29 #SC $SC #SCBTCSC is in a very strong uptrend and its future is very bright.
We could start accumulating buying in 2 regions: 27-28sts and 20-21sts for high targets like 36-38sts or 60sts and even 70sts by the end of this year.
This plan will be invalidated if SC loses the 20sts zone
SC/BTC (Bounce at 200D MA Support?)SC/BTC
-After the Double Top reversal, the price has dropped back to the 200D MA
-The area where the 200MA located is a confluence of the key support zone
-If Siacoin can hold current price market for the next 3-5 days
-There is a high chance to see a strong reaction bounce up to 35 sat
-Bearish side, break below trendline support will lead the price down to 20 sat
moving 200 & fib div Hello friends, keep an eye on this currency. If a strong candle goes up, you can enter the trade.
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Siacoin SC/BTC Converging for a big move aheadI hope you are all fine. Lets get straight to the point.
I have drawn all the important points on the chart above.
Trend Lines, Monthly, Weekly ( Support & Reistance), Fibonacci Levels.
You can understand the chart easily.
Siacoin is converging into a pattern, right now after rejection from upper trend line resistance it is test the lower trend line support,
It might going to retest the level at 30 sats. If rejected, then the move up can be 30 percent.
If you want to enter the trade, wait for a new candle to form and see its behaviour. Always enter after rejection and near the support and resistance levels for maximum profits.
30 sats is a very crucial point, if it falls below 30 sats, then it is going to test the 25 sats.
So that's it for today, Folks.
Trade safe as I have provided you with the current image.
Now make your decision.
SCBTC likely to complete final leg of bearish Shark | Upto 4500%The price action has found strong support at 0.00000016 btc on long term, therefore I have defined the PRZ up to this level and it should be stop loss for this long term high-risk high-profit potential trading idea.
Potential reversal zone: 0.00000081 to 0.00000016 btc
Secure sell targets zone: 0.00000265 to 0.00000528 btc
Aggressive sell targets zone (Up to the completion of the final leg leg) 0.00000606 to 0.00000739 btc
Regards,
Atif Akbar (moon333)
SCBTC forming bullish Shark | Upto 142% Move aheadHi friends hope you are well, here I have found another profit potential trading idea for you and this time on 12 hour chart the Siacoin (SC) is forming bullish Shark pattern and soon it will be entered in potential reversal zone to move up.
The Pattern:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B Fibonacci projection area and last leg (C to D) should be retraced between 0.886 to 1.13 Fibonacci then the priceline will be ready to take bullish or upwards move.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: 0.00000018 to 0.00000014
Sell between: 0.00000023 to 0.00000034
Stop Loss:
The potential reversal zone area which is up to to 0.00000014 can be used as stop loss in case of complete candle stick closes below this level.
SCBTC forming bullish Shark | Upto 51% move expectedTargets as per Fibonacci sequence of bullish Shark:
Buy between: 0.00000031 to 0.00000027 sats
Sell between: 0.00000034 to 0.00000041 sats
Regards,
Atif Akbar (moon333)