SCBTC
Siacoin showing signs that it's ready for a breakout.Siacoin has been accumulating for 8 months with stronger volumes recently increasing support levels due to the release of its skynet protocol which allows Sia to become the same as a CDN service. This means that Sia is now capable of going after centralized services such as youtube, facebook, twitter, etc. There is growing interest as seen in their discord of many new developers building apps on top of skynet. In addition to this Siacoin has fallen recently below 4% inflation, making it a low inflation coin. The additional use cases and the diminishing coin emission is starting to have the desired price effect on SC. There is no better time now to begin accumulating before price takes off. I expect us to hit the old support points on its way up, so TP of 40 and 70. A re-evaluation will be done if 70 holds.
Siacoin is called the "golden Pony" because it has the same potential as DGB and can suddenly skyrocket many times its value. Allocating at least a small portion of your portfolio to hold is recommended. I expect the price to approach 100 sats in the mid term (2 to 3 months) and by the end of the year, SC will likely be back above 270 sats with the stretch goal of 540 sats.
Siacoin Stays On The Bullish Path (Chart Update)I shared the above chart a few weeks back for Siacoin (SCBTC)... In this update, we would like to share that SCBTC stays on the same bullish path.
This altcoin pair had a breakout recently after long-term consolidation and the chart is getting ready for more.
Right now prices are trading at the 22 satoshis (0.00000022) resistance marked by EMA10, EMA50, and EMA100.
What this means is that SCBTC can "fly" if this resistance is conquered (moving and closing above it).
At the same time MA200 or the 0.236 Fib. extension level is working as support at 21 satoshis or 0.00000021.
We remain strongly bullish above 19.
We are super bullish above 21 satoshis.
We switch to bearish if prices break and close weekly below 16 satoshis.
What's your take?
Thanks a lot for reading.
Namaste.
[SC/BTC] Siacoin Looking good#SC / BTC ( OKEx )
Buy Range : 0.00000021
Stop Loss : daily close below 0.00000018
Target 1 : 0.00000028
Target 2 : 0.00000034
Target 3 : 0.00000039
- Looking good in short-term if weekly candle closes at 20+ sats
- Another movement to the highs is clearly possible
- If price fails to break moving average it could be back into accumulation area.
- A daily candlestick closes BELOW 18 sats could suggest an exit.
GL
$SCBTC - Anything is Possible - SC Looks Good This timeDear Crypto community This is the Most hated coin in crypto Space, However its always good to Trade the Setup rather then becoming a fan of an Asset.
We human do mistakes and become emotional most of the time in trading we need to control the most.
Weekly chart is Looking bullish Volume is not much however as crypto market is unpredictable and it can pump any moment, we have seen such event in past.
BUY ZONE:- 21-22-23
Stoploss:- Weekly close below 16
Sell Zone:- 29-37-72-143-250 Moon
This is a Weekly chart so keep in mind patience is required for this Idea to develop we need at least 3 to 5 Month over all gain would be 500%
Remember to follow money management strictly & Invest what you can afford to loose.
Thanks
Stay Safe Eat Healthy
SCBTC - SCUSDT is strongly bullish. A rare opportunity to grabIn fact more than 3 indicators are bullish on weekly trend. Be patient on this coin because it can be ultra profitable.
RSI show a reversal trend on weekly trend. Stochastic is bullish also on weekly trend. SCBTC are already out of the historical ASC triangle and is confirmaing the bull market.
We are targeting more than 100% profit in this coin and for the next 4 weeks. If we hit the resistance we can sell. If it break this resistance line it will definitely moon.
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Good luck
Siacoin Continues, Patience Is KeySiacoin (SCBTC) continues today with a new high hit at 27 satoshis (0.00000027)... Patience is key.
We had really amazing results with DigiByte (DGBBTC), which is also an old-timer together with Siacoin, if you missed DigiByte, this one will also move strong.
This is the final call/warning...
This is a friendly reminder...
Thanks a lot for your support.
Namaste.
Siacoin Breaks Above Resistance (130% Price Jump?)Siacoin (SCBTC) managed to conquer MA200 (0.00000021), a very strong resistance level.
The last time this level was conquered prices jumped, the same scenario can take place now. On a higher high, Siacoin (SCBTC) prices can easily hit 0.00000053.
Additional targets can be found in the chart above.
Thanks a lot for reading.
Previous chart:
Namaste.
Siacoin Final Call (Low Prices, Huge Potential, Moving Next)So far we've shared many, many chart ideas recently that are producing great results.
The altcoins continue to print better charts.
Prices continue to jump.
Siacoin (SCBTC) is one of the top altcoins projects, one of the classics and this pair has been consolidating for very long.
I remember mentioning DigiByte (DGBBTC) many times, now it is moving with strength while gaining momentum generating 80%+... More details below:
Now, Siacoin is already doing consolidation after the last drop... With the indicators now going bullish, it is a matter of time until the next jump.
We are very likely to hit a higher high, so we are talking about at least 200%+.
This is not financial advice.
Thanks a lot for your support.
Namaste.
SC/BTC (Uptrend Resume?: over 40% profit target)SC/BTC
-breakout of local resistance
-broke above 50ma on daily chart
-new immediate support at 21-20s
-upside potential is up to 30s
-stoploss below 18s
SCBTC - Could go for a similar ride as DGBBTC. SC Gain of 135%Firstly, please help like if you like my charting style and i will continue more.
We all seen how DGBBTC has pumped up in the recent days, this could be SCBTC turn. gaining potential 135% upwards.
Now can be a good time to buy and hold, and be patient..
Buy - below 22 sats
Sell - 48 sats ( or this could keep pumping upwards for btc halving)
This post is purely my own personal opinion on how i see charts will go to. Please note i'm not a financial advisor, please do your own thoughts before trading.
Good luck all!
DGB recent pump.
Siacoin (SCBTC) Updated Chart by RequestI shared a chart for Siacoin (SCBTC) recently and I am still of the same view, many are wondering about what will happen next.
We have a higher low and all the indicators pointing up, so Siacoin is likely to move up again.
Here is the previous analysis with additional information on the chart signals and indicators:
The green arrows show the projected path.
Conditions for change
As usual, we are looking at the green arrow only if things continue as they are going now.
If prices for SCBTC move and close below 0.00000020 the chart starts to change.
Going below 0.00000015 puts the bears ahead and a new analysis would be needed.
Make sure to always have a plan if you decide to trade.
Namaste.
Siacoin Ready To Boom? This Is What I SeeTake a look at the green arrow on the chart, something like this is what I see coming soon for Siacoin (SCBTC).
We've shared many trade ideas in the past for this altcoin pair, the prices now are as good as they are going to get, then the average will be 3-digits+.
This one is good for holding long-term as well.
This is not financial advice.
Namaste.
Siacoin Will Continue To Grow, Solid ProjectAs you might already know, Siacoin is a strong altcoin project and one that has a real working product with a very good team behind it, in February the bulls finally took control.
We are active with SCBTC (Siacoin) with 6 targets hit already and over 111% of profits collected... You can see it below:
Now, prices dropped after a peak of 0.00000039 on the 18-Feb.
Support was found at 0.618 Fib. retracement, followed by another drop that hit just above 0.786 Fib at 0.00000021 or MA200.
MA200 was conquered and tested as support. If prices can remain trading above this level, we will see another strong bullish move soon for Siacoin.
Namaste.
SCBTCHERE IT IS !!!!
SC EMA20 is about to CROSS UP EMA200 indicating a possible uptrend of proportions.
When was it the last time it happened, well, look back a few years.
HOW TO ACT ON IT:
Use the DAILY chart.
After EMA20 crosses up EMA200 wait for the first DAILY green candle to close above EMA200 and BUY
Stop loss is EMA20 goes bellow EMA200
Take profit whenever EMA20 has a consistent downtrend trend toward EMA200.
Siacoin Can Do More (Short-Term Move Mapped)SCBTC (Siacoin) is now gaining momentum while moving higher and has room available for more.
Our next target is sitting at 39/40 satoshis before prices start to retrace... This price has already been hit on Binance, so we are likely to see the same happen here... Our next target is marked on the chart.
News updates
Sia Announces Skynet, the Storage Foundation for a Free Internet
"Nebulous, developers of the Sia network, has launched a content distribution and file sharing network
According to Nebulous CEO, Skynet offers lower storage costs and higher speed, and has advantages over both centralized solutions like Amazon Web Services and the InterPlanetary File System (IPFS)."
Source:
blog.sia.tech
www.theblockcrypto.com
sia.tech
Namaste.
Previous analysis | Jan 13, 2020 | SCBTC (+111%)