Siacoin Roadmap for 2018 and Long Term PerspectiveSiacoin is a coin for a decentralized cloud storage and has been around since 2016. It can not be said that its a new coin, but one of the veterans in the cryptocurrency market.
At the same time the price of Siacoin remains very cheap and currently, SC/BTC is traded at 130 satoshis! Obviously not many "veterans" cost that cheap and perhaps this could be a very interesting investment opportunity in 2018.
On the Siacoin roadmap for 2018 it states:
"Our goal: Sia becomes production-ready for cold storage, begins to be used by companies, and introduces file sharing."
If everything goes according to the Siacoin plan, this could trigger a strong rally in price, as not only people but potentially large companies will use Siacoin services for the cloud storage.
Looking at the chart. Siacoin continues to reject the uptrend trendline and currently found the support at 88.6% Fibonacci retracement level. While the support is holding the next wave up could result in a rally towards the 430 satoshis resistance. But/when/if it will be broken, the upside potential could be enormous.
Siacoin
Siacoin analysis 04/16/18Hi guys, I am not an expert this is only my personal idea, I'm open to all criticism and advice! So looking at the 4 hour chart of HITBTC:SCBTC we see that on 03-24-18 siacoin broke out of the inverse head and shoulders pattern and begann its bullish trend. I have drawn the Elliott waves leading up to the current date which include the 12345 Elliott wave made out of the inverse head and shoulders, the ABCDE correction following the initial Elliott wave and a new Elliott wave which is forming at the moment. My current projection is for the Elliott wave to remain in the channel I have drawn and it has shown effective acting as a resistance for the third wave. Currently a rising wedge is forming which indicates an incoming downtrend. There was also a bearish MACD cross once again signalling for bears. If the price breaks down out of the rising wedge, I project for the new support (Resistance for 03-25-18) to act as the bottom for the 4th wave to drop down to. Another possibility is that the 200 EMA, which has shown to be used as a support and resistance for the coin in the past, will act for the bottom support of the 4th wave. Now we must wait to see what happens, thanks for viewing my analysis I will be posting updates as often as needed.
SC - SiaCoin Greenzone Bullish#Trade152 #SC
Buy Now Under 0.00000180
#SaleTargets
Target 1: 0.00000198
Target 2: 0.00000213
Target 3: 0.00000229
Target 4: 0.00000247
Target 5: 0.00000266
Target 6: Followup
StopLoss 0.00000163
Duration: 1 to 4 Weeks
Risk 8% / Reward 50 to 300% with Followups
Strategy: Must use #MultiTargets Strategy.
SC - Sia coin - Time to SOAR!!!SC coin, like many others, has suffered and spiraled down for days now.
Oversold for a month now and seems to have hit the bottom
Since hitting the bottom, SC has had 3 daily green candles, first time in weeks!
MACD steady rising and about to finally come back up.
I see a nice rally coming soon here.
Target 1: 215
Target 2: 245
Target 3: 290
Siacoin (SC) Can We Get 10x Again? (Over 340 Profits Potential)Siacoin (SC) is one of the most famous altcoins of all with low market cap., and has really good fundamentals. The development team is active and on top of the market starting to reverse now, there's news on the pipeline and a TSO launch for this project on the 16th April.
Now, can we get 10x out of this coin? Here is the chart for 2017 after May:
- The magenta line represents the two tops reached in 2017. We had two strong bull run for this coin last year. If we want to get 10x or more, Siacoin needs to break its all time high... This can take some time... In the meantime, let's focus on the profits.
Let's look at the details for this trade.
CHARTS, SIGNALS & INDICATORS
Siacoin (SC) daily chart:
- First notice how support is almost always found at the same breakout point that started the last bull run. Note this as this can be useful in the future for trading. When a top is reached and the big retrace starts, you can check for the last big breakout to buy in again into any coin and enjoy profits on the way up. The bottom reached this time was 121 satoshis, marked with a black dotted line. For the first bull run of 2017, the bottom was set at 48 satoshis.
- Here you can see that the SMA20 (green line) is curving and soon crossing up the SMA50 (blue line) and SMA200 (brown) lines. This is a very bullish signal. On the 6 hours chart this signal has already been confirmed.
- We can see the accumulation period marked by the positive divergence on the MACD and all the usual suspects.
- Doji, reversal candle on the daily chart (yesterday).
- Weekly chart looks very positive.
- Siacoin (SC) looks good for a long term trade.
- So what are you waiting? Let's trade!
TRADE INSTRUCTIONS
Buy-in: 0.00000160 - 0.00000220
Siacoin (SC) Targets:
(1) 0.00000250
(2) 0.00000330
(3) 0.00000459
(4) 0.00000551
(5) 0.00000668
(6) 0.00000850 (2017 All time high)
(7) 0.00001006
Stop loss: 0.00000084
Message: Look At The Sky
I am looking up to go up.
I am going up while looking up.
Light blue, shades of gray.
Vibrant yellow, orange and red.
Look at the sky!
It is beautiful... take your time...
Please... look again!
Namaste.
SC/USD - 4/11/2018Good Afternoon, Traders!
Siacoin has been trading in the bearish direction since the beginning of the year and has recently began consolidating above the 0.0103 support level and the 0.0140 resistance level. Along with this, the price as been running above the 2/1 Gann fan line creating a very short ascending triangle from the three lines.
The Exponential Moving Averages show that the EMA 20 has been below the EMA 200 since mid March and seems to be slowing down. This consolidation could result in a reversal causing the EMA 20 to start moving back up.
The Ichimoku line remains red indicating it will continue bearish or be met with the resistance line at the red.
Important Resistance Levels: 0.0140, 0.0229
Important Support levels: 0.0103, 0.0086
DISCLAIMER
WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
CONFLICTS OF INTEREST
GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.
Written by:
Hammad Fazlani
Research Analyst
SIACOIN (SC) - 550% Possible EarningsHello again.
Today we want to share with you another trading opportunity. S I A C O I N.
This is a great project actually. This is decentralized Dropbox in which everyone can earn money giving their free space on hard disc.
The more space you give the more money you get.
Their developers' team is rated at 88% (coingecko) which is one of the highest results.
This coin and in generall company has a HUGE POTENTIAL. Imagine every computer can be part of this community and earn money. With billions of computers and smartphones the market is really massive and we are at the beginning of this roadtrip.
They already have 4.6 PB of the hard disc space, 904 active hosts, 228 TB used storage and their market cap is now around 340 mln $.
3 BIG EVENTS AT THE END OF MARCH!!!
File Contract Upgrade - Form file contracts in 5 minutes instead of 60 minutes
File Recovery System - Ability to recover your files using only your wallet seed
Simple File Sharing - Share files with other Sia users
Technical Analysis of the chart:
Elliot waves pattern finished - waiting for upaward formation
Very low accordnig to fibonacci leves
Positive MACD divergence
Chart close to SMA 50
Fibonacci targets:
1. 235 st
2. 353 st
3. 448 st
4. 544 st
5. 679 st
6. 852 st (ATH)
Time frame - depending on the market and BTC - We assume around 3 months
What do you think guys? Do you believe in this project? Please do share with us your views.
We love our crypto family.
Sia and the tricky sitchy #siacoinSia is trading below the long term support. Then again anyone can redraw that support to make it look like support and price are aligned. that being said as positive move here is that Sia finally is able to move at least sideways off the short term resistance line (in red). Sia, like all the alt coins, will trade close to BTC. But the weekly charts are showing possible crosses.
SIACOIN about to explode?... learning.Siacoin has touched their lowest level where it form a new support.
This will be confirmed by the break of the black line, corresponding to the Top of this ware trend that I have find.
Targets are on Red circles.
This are just crazy ideas based on math patterns.
This is not a trading advice.
Regards.
-SG-
SCBTC Bittrex 4H up to 30MAR18 Trading Analysis (TA)SCBTC Bittrex 4H up to 30MAR18
4H Chart, also works in 1H, at this time the SIACOIN (SC) after moving and tested SUPPORT ZONES 1,2 and RESISTANCE ZONES 1,2 is on its way to test the SUPPORT ZONE 3, in order to advance to RESISTANCE ZONE 3, which is the best scenario taking in account that the MACD and RSI are like about to cross, the if something wrong happens then we will see back in SUPPORT ZONE 2 to start the game again. At this time the Market Cap is recovering from its fall to 252 Billions and is crossing the 262. Good Luck!
4H Chart, también funciona en 1H, en este momento el SIACOIN (SC) después de moverse y probar SUPPORT ZONES 1,2 y RESISTANCE ZONES 1,2 está en camino a probar la SUPPORT ZONE 3, para avanzar a RESISTANCE ZONE 3, que es el mejor escenario teniendo en cuenta que el MACD y el RSI están a punto de cruzarse, si ocurre algo indeseado, entonces volveremos a SUPPORT ZONE 2 para comenzar nuevamente el juego. En este momento el Market Cap se está recuperando de su caída a 252 Billones y está cruzando los 262. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal "
SIACOIN SC on Poloniex 100% Minimum Profit Path - MThis is a medium risk trade if stop loss is set correctly.
Chart is self explanatory. If you have any questions just comment below. This was a members only chart but now is publicly available.
RSI is below average which is good and MACD like on most other crypto's has huge room for great growth.
Enjoy this trade guys!
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Possible Inverted H&S SIACOIN/USDHey there,
I did an analysis earlier on siacoin calling a breakout of an inverted head and shoulders pattern..
I now believe i was looking at it the wrong way, i saw the final rise of the head as the breakout of the pattern.
Now looking at it, it seems more logical that the right shoulder is just starting to form.
For the pattern to be confirmed we need to see a rise in volume during the ascend and breakout of the right shoulder.
I'm not a pro, and still learning so feedback is appreciated!