SIA - ✔️Q2 Pick (Amazon's Cloud Services Killer?)Hi guys,
Sia is one of our Second Quarter picks , data which we had released earlier this month on a private idea
From 0,00870 to 0,02470 the price has almost tripled in March and we have high expectations for more.
Price has broken previous resistance, came back to check it as support and looks ready for higher flights.
✔️✔️✔️ SIA offers a business model we like a LOT: ✔️✔️✔️
''SIA offers a decentralized cloud storage platform.
No signups, no servers, no trusted third parties. Sia leverages blockchain technology to create a data storage marketplace that is more robust and more affordable than traditional cloud storage providers.
On average, SIA's decentralized cloud storage costs 90% less than incumbent cloud storage providers. Storing 1TB of files on Sia costs about $1-2 per month, compared with $23 on Amazon S3.' ✔️
ref: sia.tech
Damn!! This is a HUGE PASS on the 'Fundamentals exams'✔️✔️✔️✔️
We keep on Buying 😚
SCUSD
You need to buy when no one is interested in altcoinsWe do not encourage you to buy or sell. Just walk past this asset that will probably grow by 10,000% or not. Or you will lose your money.
Nobody wants to buy at the start. But everyone wants to buy at the end.
As usual, it happens that people start buying what has already grown.
And yes, perhaps this asset will grow by 100%.
But the risk is bad. If you want to buy something safely, buy bitcoin now.
You will have less profit, but you will definitely not lose 90% of your deposit.
Siacoin Vs Bitcoin , Profitable? Siacoin seems to be bullish, I think buying siacoin at this time is profitable, what do you think? Like if you agree , GoodLucK...
SCBTC LONG, BULLISHDescending trend broke. Easy x4, first target: 100 sats. Breakout occurs above 33 sats.
SC breakout - double in the air5 months falling wedge broke out. We are looking on the daily time frame.
This move will happen on a 2-4 weeks delay. We are looking at 2x minimum.
This is a short term target. On the long term, it seems to have bottomed out. A lot of upside.
Looking Promising...The Green MA is higher than the Energy in all the near term group of timeframes and the Red RSI has made contact with the Green as it rises in the 1d, 2d & 3d indicating bullish sentiment. The Red RSI is also above 50 in this group of TFs. In the 4d the Red RSI has made contact with the Green MA as it falls which is bearish for that timeframe. We can see that the Energy has fallen below 50. However, from what I can see in higher and lower timeframes I think there is a good chance that the Green can turn up again.
The Green is also higher than the Energy in all the short term group of TFs too and the Red RSI is significantly above 50.
We're looking good against the BTC pair too.
Trade Safe
aBL
Short Term
✳️Siacoin/USDT Analysis (16/1) #SC $SCSC has a hesitation in $0.0047 zone and if there is no more buying power, SC will fall to $0.0035 zone.
However, the thing we should be most concerned with is that the buying power in early January is very strong and very solid, so there may be strong buying force coming into SC in the coming time. So our main plan will be to wait for SC to close a 1D candle above $0.0049 to buy in for target at $0.0065.
📅NEWS
👉Feb 3 : V1.5.4 Upgrade Deadline
(twitter.com)📈BUY
-Buy: 0.0047-0.0049$ if A. SL B
📉SELL
-Sell: 0.0063-0.0065$. SL A
♻️BACK-UP
-Sell: 0.0047-0.0049$ if B.SL A
-Buy: 0.0034-0.0036$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"