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Siacoin

Siacoin (SC) steady climb..I am not an expert in trading. This is simply my ideas based on movements and events this year. - A3 miners gave unnaturally high numbers, twice.. After each increase there is a steady decline. This could be caused by the mining difficulty increasing as A3's come online. There might not be a big increase from the Obelisk miners when they get delivered, since the team know what to expect. - A higher number of sia file hosts might reduce the storage price and limit spending. It seems the current version of the software is still difficult for new users to get started (both wallet and file sharing).. When that is improved and running smooth - storage and spending might increase. - Version 1.3.3 might be a good one.. Video streaming is exiting news. Overpriced line shows an unnatural/inflated heading. The others, I think, show a more realistic road ahead.. ?! Hoping to see SC @ 500 sometime in August :) Keeping a lookout for news about Siacoin being added to more exchanges.. Comments are welcome :) Have a great day!
by EO2
SCBTC In leg 2 of 5 in a major elliot wave?Please do not take these charts as advice - I am just learning and using the publish feature to store my charts to see how I can improve. We need to break out of these triangles to begin wave 1 of leg 3 for the Elliot wave theory to stay in tact Got a good elliot count Price last made a new higher high but RSI shows a lower low showing hidden bullish divergence We are at the end of wave 2 which means up from here Histogram upticking MACD crossing over I am a beginner with these things so please don't take my advice as this will more than likely be nothing like what is going to happen :) Good luck trading
Long
by StoneyStark
1
SCBTC (SiaCoin) - Big Potential ProfitsHello Cryptonians, SCBTC is being consolidated into a big wide flag, and we are eyeing a breakout here to the upside. SC is a really strong coin people, and I will always recommend to buy this coin and hold it for long. This can give you some good gain without any pain :P All the indicators are looking pretty strong, and I have also marked some near term resistance in red to the top. Lets wait for a breakout here, and if you want to buy here without a breakout, you can do so, but just have a lot of patience with this one. It will surely give you great profits. If we break the bottom support of the flag, we may go down a bit, but I do not see that happening here unless BTC dips or rises significantly. So, lets hold onto this one together. Make your entries smartly people. You can join our group/channel below to have great discussions with our community members where we learn and earn. Learning is important, signals are less important. Bring it on! Happy Trading!
Long
by MoneyChartz
Siacoin is looking for Another Breakout in Bullish Flag Pattern.Hey, I am back with another Technical Analysis , this time looking at Siacoin. I was looking at Siacoin a few times from now. Her movements always seemed clear to me as in every chart on Siacoin I was right , check related Ides if you dont believe me. For Second I really like Siacoin! Their Project seems really great! Cheap crypto online cloud storage . Okay, that was Siacoin In short, lets move on to the chart. Mkay, on the chart you can there is a flag pattern that has occured and I also managed to find some strong demand/support zone at which we have already bounced off, but still if Bitcoin will see some more downside, it can fall to this level shortly, but I dont see Bitcoin falling right now. Taking look at the Indicators. MACD - Clear and long buy signal, more buyers coming. RSI - Broke both levels and has found support at both ressistances which is just perfect. I never thought even RSI has its own support and ressitance but now its clear to me that it does, funny isnt it? So I think thats about it.. If you have any Questions feel free to ask me down bellow or at my discord channel! Hope I made your view on whats going on with Siacoin somehow clearer. If you like this TA let me know in the comments, Likes are aprreciated, Thanks ! If this gets a little bit of attention, I will update!
by TiborVrbovsky
4
SiaCoin 700% Profit Long TermLets get right into this, Siacoin broke out of a very long term bear trend after bouncing off the 886 fib, its currently attempting to break through the 786, if it does then I'll have recieved confirmation for a bull run, and I'll be creating a position. If it continues to reject the 786 fib and returns to the 886 then wait for confirmation that it holds if not, it'll retrace another 100 sat ( This is a very unlikely scenarioi). We had a bullish crossover at the macd and the daily rsi was heavily oversold. History shows us that SiaCoin is a sleeping giant for the most part, it moves upwards steadily but surely, it hates being oversold or overbought, which brings us to the bounce at the 786 fib level, its likely we'll see siacoin flag for about a week here before continuing up. No upcoming news to effect SiaCoin (unless unexpected announcement with major company) Entry Prices: 120 - 140(if rejected at 786 and supported at 886) 180-220 (If Breakout) Alert Levels: 180 ~ 786 200 ~ Daily 50MA 170 ~ 4HR 200Ma Targets: 180 - Reached 250 280 360 430 520 700
Long
by DerosneC
1
Siacoins successful cup & handle break is back for a sequel Siacoin is one of the select few alts whose cup and handle pattern has already successfully triggered without being a fakeout. It may not have reached the full projected breakout target yet but that's because on the way there it started forming another cup and handle around the smaller cup and handle. This is much like a cup and handle fakeout can do at first..however siacoin was not a fakeout as you can see by the large surge of bull volume right when it broke the original neckline. Siacoin is already showing you its plans for a sequel before it's original blockbuster has even left the theatres. Keep an eye on siacoin because it looks like it may be done forming its bigger cups handle...there is increased likihood that this bigger cup might not trigger since it already had one succesful cup but worth paying attention to none the less because double cup and handles can exist both in this fashion when it's a c&h inside a bigger c&h or when the cup of a smaller cup and handle is the handle of the bigger cup.
Long
by DrDovetail