Its like green version of Bitcoin (sort of). Not much of a discussion because there isn't much to say from a technical perspective. This is market manipulation 101: we are back in the Point of Control POC, the price point with the highest volume. At a base level trade volume is dry with the random peak up or down as the asset is manipulated.
BURST ranked ~388 is a previous top 20 coin with some incredibly interesting technology that the masses have either forgotten about or never knew existed.
Please read :
The Burst Dymaxion: An Arbitrary Scalable, Energy Efficient and Anonymous Transaction Network Based on Colored Tangles
Whilst I can't confirm that the programme is developing at a rapid rate, the platform works and upgrades are consistently being made to optimise the offering. It uses Proof of Capacity (now POC2) with the use of "harddrive mining".
As you will read in the article you are NOT renting out your hard drive like SIA, STORJ, and now FILECOIN. You are using your hard drives to store information that will help you to solve complex computation work. Its like a green version of Bitcoin (sort of).
Scavenge for BURST at the bottom price points and sell at a 20-30% profit. Repeat!
Siacoin
SIACOIN Big upside potential on break outSCUSD is now on its 1M Supporting Channel. Every time the price has broken above this Zone it has rallied aggressively. In other words as long as Siacoin trades inside this range (or when ever it enters) it is a buy opportunity. During the previous two break-outs, the rallies have extended to +453% and +3864%. Keep that in mind when deciding your buy take profit spot.
SIACOIN/BTC overlookafter the price action breach 60 satoshi support level.. apparently it will test toward +- 50 satoshi as a past support..
volume is non existence from weekly chart .. indicator rather flat and keep going down from macd and RSI ..
although from indicator perspective it's a possibility for bounce since it's indicate oversold from daily timeframe by MACD and RSI that almost crossover into a buyer side.
i also took a pattern bar from october 2016 to april 2017 and match it up with current movement that i assume will follow.. we will see how the future will tell us..
please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.
There is a possibility for the beginning of an uptrend in SCETHTechnical analysis:
. Siacoin/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001680 to 0.00001590). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001680)
Ending of entry zone (0.00001590)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00001880
TP2= @ 0.00002070
TP3= @ 0.00002230
TP4= @ 0.00002370
TP5= @ 0.00002860
TP6= @ 0.00003640
TP7= Free
There is a possibility for the beginning of an uptrend in SCETHTechnical analysis:
. Siacoin/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001680 to 0.00001590). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001680)
Ending of entry zone (0.00001590)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00001880
TP2= @ 0.00002070
TP3= @ 0.00002230
TP4= @ 0.00002370
TP5= @ 0.00002860
TP6= @ 0.00003640
TP7= Free
SIACOIN KEY MOMENT. GOLD SUPPORT SIA / BTCYou can buy and hold for big high.
You can buy it only when you break the big gold line.
My target for siacoin. 1200 and 1500 satoshi
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Você pode comprar e segurar para grande alta.
Você pode comprar só quando romper a grande linha de ouro.
Meu alvo para siacoin. 1200 e 1500 satoshi
SIACOIN SC / BTC STILL DOWN. LONG SLEEVE NOT TOUCHEDSupport between 44 and 45 since 2016. If it breaks, it goes to 21 satoshi.
You need to break 80 satoshi later, but you can test again. Then yes, break 80 convincing from 100.
Bull market begins.
I see this, only for June and July.
Trade between these tracks and make a profit.
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Suporte entre 44 e 45 desde 2016. Se quebrar, vai a 21 satoshi.
Precisa romper 80 satoshi depois, mas poderá testar novamente. Aí sim, romper 80 convincente passando de 100.
Mercado de touro começa.
Vejo isso, só para junho e julho.
Negocie entre essas faixas e tenha lucro.
Long Siacoin/BTC Weekly bullish engulfing setup forming on Siacoin / BTC.
Lower time frames have switched to higher highs and higher lows so I am taking a swing trade up to the previous lower high from EoY 2018.
Risk for my stop below the low is 15%. And my target is 69% away leaving me with a 4.7 Risk/Reward ratio.
Our Weekly Slow Stochastic cycle is also rising and price has made it above the 8 EMA showing strength from the buyers.
As long as BTC doesn't tank I believe this setup will be quite profitable.
A trader wanting better confirmation can wait for the weekly close. Do note you will reduce the R/R a bit by potentially being further away from the stop loss.
Daily Bullish Signal $SC #SC #SCBTC #BTC $BTC (07 April)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
SIA At Absolute Bottom , Time To Pump Would Follow Doge Coin ...SC/BTC buy @67
sell @ 75-85-90
This is A Very Good RR Here To Take This Trade,
Definitely, A Buy From us!
Thank you very much for Stopping By!
Take care! :)
Is it Accumulation phase for SC/BTC ?Siacoin it seems didnt affected in satoshi value during bitcoin pump less than a week ago..
Forming a sideway movement all the way back from December 2018 until now..
From EMA lines :
i relate this chart from december until current time. 50 and 100 EMAs just flat without any converging with each other and 200 ema begin to approaching.. price action under 200 EMA considered still in bearish area.
volume relative stable for this low market coin. is it accumulation for some whale for pump??
From MACD :
seller momentum is decrease although the buyer and seller line move down ready to test 0 line.. still no clear signal of changing momentum.
From Stochastic :
stochastic in bottom level but it is not a clear as a it just stay in that level, as it didnt even want to try to move upside.
From RSI :
currently Still wandering around neutral side,
Support :
1# +- 60 satoshi
2# +- 45 satoshi
3# +- 20 satoshi
Resistance
1# +- 70 satoshi
2# +- 80 satoshi (200 EMA)
3# +- 115 satoshi
Please share your thought about this idea in comment section.
peace....
SC/BTC reaching crucial point for breakoutSC is reaching a crucial point where it could potentially break out the downtrend that exists since October 2019.
2 smaller accumulation zones are visible, where the second zone is not even affected a little bit by the BTC breakout to the 5000$.
I have set a very safe selling point at the daily untested level,but potential to break this resistance in a split second.
Good luck ladies and gents!
SC is sleeping at the moment and giving good price for enter .SC is looking in this range really nice buy to stack off u can play this coin to ways . To put some stop loss or to stack off more if it fall. It start climbing the mountain and soon or later it is going to pump. in next 100 days it seems u can double or triple ur money ether way no bank will give u same %. Always there is risk in trading remember that .Dont invest more than u can afford to loose .
Siacoin (SC) in Buy ZoneBuy #SC/#BTC at #BITTREX
Entry: 0.00000070 - 0.00000070
Current ask: 0.00000070
Target 1: 0.00000071 (1.43%)
Target 2: 0.00000074 (5.71%)
Target 3: 0.00000077 (10.00%)
Stop loss: 0.00000063 (10.00%)
Volume #SC: 167,750,284.11
Volume #BTC: 116.39
SHORT TERM (up to 7 days)
Risk: 4/5 (High)