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Siacoin

Sia/Bitcoin (Sc/Btc) Cup and Handle patternWelcome again you can see Sia coin Cup and handle pattern Welcome again Analyzing Chart Patterns: Cup And Handle. Sia/Bitcoin The cup and handle is both a continuation and a reversal pattern. The reversal pattern marks the end of a downtrend, and shows the price transitioning into an uptrend. The continuation pattern occurs during an uptrend; a cup and handle forms, then the price continues its rise. You can also see here our latest chart Bitcoin/Usd: Verge/Bitcoin:
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by globalrashid
Potential Short-Term Bounce on Sia Coin?While MACD and RSI are bullish, the STOCH RSI shows we have more room to go down. That said, this is a short-term play for me. Trying to catch a bounce and then exit due to market conditions. Ideally I would like to catch this at the bottom with better momentum. RISKS: Low Volume / Momentum / STOCH RSI / Market Conditions has everyone on edge about another drop in BTC/USD, and rightfully so. *NOTE* I am a relative n00b to TA, do NOT take this as professional advise. If any of you have any notes I would be more than happy to see them expressed, even if they are negative. All feedback helps :-)
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by phil3500
3
Siacoin (SC) Hidden Bullish Divergence (35% PP)Siacoin’ has been in an uptrend since the 14th August. This is one of those altcoins that did not confirm its low again on September, which signals strength (knowing that most altcoins hit a low on the 14th August followed by another on the 12th September). On this uptrend, we see the normal wave up and wave down cycles. A peak is reached and then retrace. So after each retrace (wave down), you get another try at the next resistance/target (wave up). On top of the uptrend you see on the chart above, I've spotted hidden bullish divergence between indicator (RSI) and price. This signal tells us that SCBTC’ will go for its next jump soon. Can retrace a bit further, but then a jump. Note: Signals can change and be invalidated as new candles are closed. So even though this is a bullish signal, if you trade based on it, you need a trading plan/strategy, preferably using a stop loss. Because the signal can be validated and the price move up, but it can also be negated and the trade can go wrong. So always trade safe, with lots of patience, with patience we win, because profits is all we want. Namaste.
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by MasterAnanda
1