SiaCoin USD setup for long confirmedHello everyone and welcome to my analysis.
First I would like to point that last drop in price confirmed previous resistance as support and also a bit lower we have 100MA which previously worked as support what means that in the next few days we will see new HIGH with first target at 0.032 (38% gain) and second one at 0.036 (55% gain).
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..."
Siacoin
SiaCoin - Crazy PotentialDecentralized File Storage Systems are the future. Censorship resistant, way faster and cheaper than current systems (Amazon AWS). DApps development is exploding, and decentralized storage will follow the same trend. This is the future and we are at the early stages of the Web 3.0. Currently, the main decentralized storage systems are FileCoin, Storj, and Sia (0Chain is still in Beta). Arguably, Storj and Sia are better than FileCoin. Look at their prices, and compare them to Sia.
Siacoin Bullish signalsInverted H&S, upward pointing triangle and massive fractal.
Follow the sia team on discord, youtube and reddit. Learn about this project and see how active the community is.
There are so many projects that are just hype and marketing that have way higher market caps than Siacoin. This really baffles me, all i know is that this is my top holding and will be for the next couple of years at least.
SC Ascending trianglei think we will see a few more day's of shaking out weak hands. This is very heavy resistance we're at right now.
During the previous bull market we saw huge volume with this area acting as support and resistance so there are a lot of bag holders that needs to be shaken out before we can go up higher.
First target should be around 0.025 possibly 0.03 then we will hit another point of resistance.
Possible cup and handle - SIA to start April with a BANG! Hi all,
Main TA Points;
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1. Weekly S/R flip confirmed.
2. Break and retest of 3 year down trend confirmed.
3. Decentralized storage platforms all performing strongly (FIL STORJ).
4. Critical fib level claimed, assuming S/R flip of critical level.
5. Based on above assumption we have a possible cup and handle patter.
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Talking Points;
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We are at the cusp of the start of a new month with a strong finish assumed for March. We would like to see price maintain above 44 satoshis which it looks like it will do over the next 72 hours. From a weekly perspective we could see a wick down in the low 40's but I would think its unlikely for us to go much lower.
For those unfamiliar, SIA is in my opinion a top 5 coin from a fundamentals perspective and is vying for a large piece of Web 3.0 architecture. It has a working product, a capable team, and a foundation model ensuring its financial longevity. Having had a significantly longer than normal consolidation and accumulation period, historicals would suggest violent and powerful impulses will continue to follow from here until the end of the year.
I believe April will see the bitcoin pairing at least swing to 60-80 satoshis with the upside up to the 200's range.
Interestingly, both FIL and STORJ are also experiencing strong growth and SIA in my view being the possessor of a superior solution will also follow this strong trend. I would even say based on year to date growth it already has.
We have also broken a down trend that has lasted some 3 years with an extended accumulation period. This is an extremely bullish sign and would signal that this is infact the start of SIA's bull run; even considering the strong growth that has been experienced up until now.
Linked are my previous and most recent ideas which have been confirmed for SIA.
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Estimates;
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As a measured move we are looking to test the 63-65 Satoshi level. I have provided an conservative trade setup having set the stop loss just below the red ichimoku cloud. Please be mindful this is a high risk trade, the vanilla trade would be to enter at the break and confirmation of the pattern.
If we hit this level in the first week of April we could actually see SIA climb into the 100's if not even higher. It is not impossible for us to revisit all time highs from a USDT perspective, in which case a run between 100-200 satoshis is certainly on the cards this month.
Good luck,
Please consider donating, following or leaving a comment if this analysis was valuable to you.
SIA donations;
807db3f1186dd2a5a40418200064b44a94bffb0e32fac9e713923088a7e3bb0886c2d0281374
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Any trading advice provided has been prepared without taking into account your objectives, financial situation or needs. Before acting on the information provided you should consider the appropriateness of the information, having regard to your objectives, financial situation and needs. You should seek professional personal financial advice before making any financial or investment decisions.
All investment and trade decisions, no matter how well investigated, involve risk.
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Siacoin (SC) Ready To Grow With Targets (219%)Siacoin (SCBTC) hit a new All-Time Low recently and is finally getting ready for some new bullish action.
We can see a strong bounce with high volume right after this ATL was hit 31-Dec. Now, prices are moving above EMA21 with a strong RSI.
We also have the classic Falling Wedge pattern which is bullish in nature.
Siacoin is ready to grow.
You can find our targets, plus additional information, on the chart.
Thanks a lot for reading.
Namaste.
SC full roadmap targets Selling at yellow, rebuy at white. Simple. Goodluck.
Confidence level = High.
Risk level = Mid
The chart is good for SC holders, non-SC holders I recommend other cheap coins that still did not hit much. I think you guys know what I am talking about if you have been with me in the communication channels.
Possible inverse head and shoulders - Next SIA impulse imminent Hi all,
Main TA Points;
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1. SCBTC pairing looking to be confirming weekly S/R flip.
2. Bounced off both 61.8 fibs.
3. Hugging upper bollinger suggesting possible continuation imminent.
4. Ichis looks like they may be broken as well.
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Talking Points;
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After a nice pump and my previous idea successfully confirming (check out related ideas) it looks as though we are heading towards the next impulse for SIA. The whole market had a bit of a grind as Bitcoin futures were expiring, but quickly seems to have rebounded, obviously some coins stronger than others.
For those unfamiliar, SIA is in my opinion a top 5 coin from a fundamentals perspective and is vying for a large piece of Web 3.0 architecture. It has a working product, a capable team, and a foundation model ensuring its financial longevity. Having had a significantly longer than normal consolidation and accumulation period, historicals would suggest violent and powerful impulses will continue to follow from here until the end of the year.
I believe April will see the bitcoin pairing at least swing to 60-80 satoshis with the upside up to the 200's range. This, coupled with expected continued growth in Bitcoins price means that the impulse target set here is extremely conservative. Its not impossible that we actually revisit all time highs from a USDT perspective this month.
Lastly the weekly SCBTC chart is very telling. Having attempted to successfully break the 40-44 satoshi range numerous times in the last 6 months it seems as though we will finish this week with a confirmed S/R flip. This is an extremely important signal and would suggest a long term up trend is about to commence. It would also suggest the next few weeks will have significant volatility.
The above points can only positively impact the SCUSDT pairing.
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Estimates;
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As a measured move we are looking to test the 3.6 cents mark. I have provided an conservative trade setup having set the stop loss just below the first shoulders peak. Please be mindful this is a high risk trade, the vanilla trade would be to enter at the break and confirmation of the pattern.
I have also included an assumed bullish confirmation rebound off the yellow trend line. This trend line has been in play and established from earlier in the year. We failed to have the support resistance flip occur over the last week, I would assume this time the market would want to know if we are going to respect it for the next impulse.
Good luck, please follow and leave a comment if this was helpful to you.
SIA donations;
807db3f1186dd2a5a40418200064b44a94bffb0e32fac9e713923088a7e3bb0886c2d0281374
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***
Any trading advice provided has been prepared without taking into account your objectives, financial situation or needs. Before acting on the information provided you should consider the appropriateness of the information, having regard to your objectives, financial situation and needs. You should seek professional personal financial advice before making any financial or investment decisions.
All investment and trade decisions, no matter how well investigated, involve risk.
***
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 😚
Coinbase add coming soon for SC?Coinbase announced a list of assets undergoing review in June of which SC was included (here: bit.ly)
With the addition of NU, SNX, BNT, and many others on that list recently, SC is one of the few left.
Current price 0.0035
2018 high ~0.07
With ~45B coins in circulation for SC per CoinMarketCap, it would be a highly tradable asset to add to Coinbase's arsenal.
Siacoin (SC) Trading Setup & Momentum #2Siacoin ( SC ) is the native utility token of Sia , a blockchain-based distributed, decentralized cloud storage platform. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space.
According to its whitepaper, the long-term goal of Sia is to compete with existing storage solutions. It sees itself as being in direct competition with major cloud storage providers such as Amazon, Google and Microsoft . Because of its decentralized nature, Sia is able to offer competitive storage rates.
This is my second setup for SC , as the first one went in successfully and on time! You can check it out!
As per this second setup, chart is valid as long as support mentioned is holding . I consider SC a very serious project and a long lasting one, as I was trading it back in the days.
Basically anything I'm posting is a serious project and had a lot of research before any analysis on chart.
For details comment at any time!
Don't forget to follow and like if you find this helpful!
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/USDT Analysis (16/3) #SC $SCSC has met its strong resistance, where exists a big selling force and SC may have a big correction from this zone to 0.014$ zone at early April.
But there will be a big announcement from SC team on March 20, so it may make a sudden pump to 0.028$ zone or even higher but it needs to conquer the 0.02$ zone
📅NEWS
👉Mar 20 : Annoucements
📈BUY
-Buy: 0.0137-0.0143$. SL if B
📉SELL
-Sell: 0.0195-0.0205$. SL if A
♻️BACK-UP
-Sell: 0.0137-0.0143$ if B.SL if A
-Buy: 0.0097-0.0103$. SL if B
-Buy: 0.0195-0.0205$ if A. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
#SC #SIACOIN PREPARING FOR A LONG TERM BREAKOUT? - WEEKLY CHARTSiacoin seems in a very interesting level, after a long downtrend and an accumulation phase. Huge growth in volume on weekly chart and an increase of interest on social media. Top gainer in Coinmarketcap. There is a big bullish divergence and it's approaching to the main long term resistance. If it breaks this important level i'm expecting an accelleration with more big waves to the upside as soon as the Altseason begins.
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...
Siacoin (SCBTC) Next Target On Multiple TF (111%+)We have a bullish flag for Siacoin (SCBTC) on the weekly timeframe, this is a bullish pattern:
This pattern remains valid above 18 satoshis.
When looking at the daily timeframe, the main chart above, we can see some consolidation take place after the initial breakout late January.
The bias is leaning fully towards the bulls and they now hold the upper hand.
Any trading above 18 satoshis and we are strongly bullish.
Everything above 10 sats. is good for long-term bull... We can expect higher prices soon.
Namaste.