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Siacoin

Siacoin Wants To Be A 5 Cent CoinSiacoin has had some big, measured moves up recently, currently down 33% from ATH, but has held the 61.8% fib line as strong support (previously resistance). Also if you look at the Stoch RSI, every time in the past two months it has been this oversold, SC has rallied pretty hard upwards. The RSI is also well above the last two trend reversals, so that's positive. This is all highly dependant on BTC, but I expect a move towards 5 cents in the next few weeks.
by Brisben
7
SC/USD Head and Shoulder Completed Potential 27% DropSC has completed a head and shoulder pattern. This is a measured 27% drop to the horizontal red dotted support. Invalidated if price doesn't drop below neckline or if price breaks above right shoulder. Potential incoming cross of 55/200 EMA on 4H chart. That being said, we aren't terribly far from the bottom of the channel we have been in on this uptrend. We could see a reversal. First target would be bottom of channel if you choose to short. Personally I downsized position in hopes of accumulating some more. I'm not actually "shorting" on an exchange in the traditional sense but just pulling some of position out to try to buy more cheaper. Long term I still have high hopes for SC so I will buy back more if starts looking more favorable. **Disclaimer: This is not financial advice as I am not a professional. Trade at your own risk!**
BITTREX:SCUSDShort
by bwymore
9
Siacoin rocketshipHey Guys, i may be familiar to some of you who have seen me in crypto chat, i've been spamming buy Sc/btc since 20sats. No need to worry you definitely haven't missed the rocket ship, its takeoff has just been confirmed with the recent price action and there's plenty of seats left to jump on board, under 100 sats is very cheap for this awesome project, i mean who doesnt believe in an unhackable blockchain cloud to store your media?! Sia are also branching into decentralized social media, this stuff is the future, no icloud hacks and no big tech storing all your information, it will all be safe on the blockchain and theyre releasing updates including skynet thick and fast! Siacoin is strongly linked with an upcoming coinbase listing that it seems will inevitably arrive, a quick scan of the coinbase Rosetta API projects website hints at the potential upcoming siacoin listing. This chart depicts the extremely bullish channel Saicoin finds itself within and the local fibs it needs to clear for continued growth. It is expected to hold the channel and continue upwards. The bottom pink trendline is a newly formed support with the upper pink trendline being resistance as we go up. Bar any bitcoin dominance this is one of the easiest plays out there. Sia coin makes up the majority of my portfolio and has been an easy Hodl with triple digit percentage gains over the last month. We are looking at reaching at least half of previous all time high of 600 sats . Minimum long term goal of 300 sats on this one, we will see profit taking, retracements and the like of course. Just buy it, Hodl, reload bags on the dumps and enjoy the gains. This can make you extremely wealthy.
Long
by Silkman
41
Update to Previous Analysis - now marked as BullishI am providing a new publication as an update to my previous analysis now marked as bullish as a result of the confirmation of resumption to upward pressure we were looking for, please see previous analyses in related ideas below. As I mentioned, after the Energy won the downward pressure race, we were looking for confirmation of resumption of upward pressure, by seeing the Green EMA get higher than the Energy in the preceding three halved timeframes. This was not the case in the 90m & 3h, we have now seen this confirmation and the Green EMA is now higher than the Energy in the 45m, 90m & 3h. This provides us with the required confirmation of resumption of upward pressure. We have also seen the Blue LSMA cross above 50 in the 3h, as a result we can see the Bollinger Bands expanding and the price action sit between the Aqua/Orange upper Bollinger Bands wicking up to the Red upper, as the Bollinger Bands continue to expand, as long as the other conditions remain in support, we can expect to see the price action accelerate to the upside while the price action remains between the Aqua/Orange upper BBs. We have also seen the Red RSI and Blue LSMA turn up above 50 in the 6h and the Red RSI has made a bullish cross above the Blue LSMA. We do need to be cautious that the Energy in the 6h is now higher than the Green EMA, however as we see upward pressure cascading up from lower timeframes, we can expect to see the Green EMA rise up strongly with the Energy and are likely to see it get higher than the Energy as it goes out to the side allowing the Energy to fall below. We have also seen a close in the 12h with the Red RSI and Blue LSMA making contact with the Green EMA as it rises indicating bullish sentiment, as a result, at the start of the current candle we saw the Energy rise above level 50 denoting a period of upward pressure in this timeframe.
Long
by aBitLong
4
SC USD Strong bullish signal and potencial TPHello everyone, just a quick update to my previous analysis. As we broke another resistance and tested it as support we received another bullish confirmation. Also it is worth pointing that price stays steady above 100MA on 4H and 1D chart . Also there is skynet promotion which is bringing new investors. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
Long
by Coder775
2
SIA sees small correction back to area of strong confluenceAfter two upward moves in a classic Elliot wave pattern, hopping over a previous resistance level in a strong push, SIA sings her way back down to an area of perfect confluence at previous resistance and the bottom of an ascending triangle. Won't make you a ton of money (it's a small ratio), but it's pretty likely to occur. It's also backed up by stochastics which have matched the last two descents with near perfection. There's also a dip in volume, showing a lack of momentum after the strong drive. This is a temporary, very small correction. All indicators are that after this correction we will see a second push upward.
Short
by Ifyouonlyknew
3