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Siacoin

SIA chart making the case #siacoinBack for another SIA analysis. Short term trendline is holding strong. I thought we were getting a breakout Sat Night but the market failed to hold on to the rally. Overall price continues to ride the short term trend (red line). On a positive note the D*ma*k indicators in the chart show that from a weekly perspective we might be closing in on a reversal. I think the trend lines are more important at the moment, but its nice to see some confirmation from other indicators.
POLONIEX:SCUSDLong
by profssrfink
Siacoin idea sounds goodCoin of the day is Siacoin. Sia is a decentralized data storage platform based on the blockchain technology. The Sia Storage Platform leverages underutilized hard drive capacity around the participants of the network to create a data storage marketplace that is more reliable and lower cost than traditional cloud storage providers. The goal of the company is to provide a decentralized cloud storage option that competes with centralized legacy competitors such as DropBox, Amazon, Apple, and Microsoft. The project is aimed at the topical and rapidly developing niche. From the technical point of view the price, which had shrunk along with all cryptomarkets during the start of the 2018 and now unfolded not reaching the 0.000001 level. Today SCBTC pair Had completed the Reverse Head and Shoulders pattern with the Head at the 0.00000114 and started to grow accompanied by jumps in volume. From the upside, the bulls will meet 0.0002 resistance and 100-days EMA after it. Breakthrough of these levels will confirm the development of the upward cycle. From the downside, Bullish Trend Line and short-term support at the 0.0000016 will support the uptrend.
Long
by DestinationMoonCrypto
SC is getting ready for rally, 100% return is possible Hello Friends, BITTREX:SCBTC fell to the bottom from 450 SATs to 117 SATs ( ~ 75%). Currently, the price has broken the long-term downtrend and forming an Inverted H&S , the neckline is at 153 SATs, once it is broken, one can make 35% returns. I am expecting the price to fall to test the neckline after the 35% returns which is the positive sign. A pullback at the neckline would confirm the rally of 3x returns. My rate is at 151 SATs, my stoploss is below the low (117 SATs) , Target 35% . Long term is 300-350 SATs. Good luck with your trades.
Long
by maheswar81
11
Time to trade! Cash is King!Siacoin has finally decided to join the party and giving us some strong buy signals, this coin has potential of 300%+ for a long hold. We are going to buy, Trade and sell it as we can turn over 300% in shorter timeframes on other trades. Those of you that work though may be interested in putting this into your portfolio as a hold. I am going to trade it, I am waiting for the first candle to close outside the trend line to see a very nice run. This coin I have already bought the reason being is we have many indicators here pointing us in the right direction. You will see the underlying trend here of Siacoin on the 200 SMA (purple line) is still a downward trend but if we jump down to the 50 SMA we have just met price. Siacoin has been trading down in this channel for quite some time and bouncing off its support however as you will see circled in blue this time we bounced from a bottom that was created a number of months ago. You will see the aggressive buys in the blue circle this shows us the buyers are going to beat the sellers there. You will notice the change in trend on the A/C indicator, people are buying up SC and not selling it off therefore we are gaining momentum and this will drive us to a breakout. I took an aggressive entry and bought yesterday, the reason for this is 20 and the 50EMA have just come under price and crossed, this will provide very strong support to get us outside the channel (green line) we can then use this line as our support and safety net for a stop loss. I want you to look at the blue arrow pointing down here you will notice as the candle put in a lower low yet the RSI was punching out a higher high (circled in purple), this is the bullish divergence we look for in these coins that have been travelling downwards for such a duration this will usually give us enough insight to see change of direction. Targets are the blue lines, this trade will develop nicely over a short time period, the conservative investor will buy first 4H candle to close outside channel, when this happens buys will come in strong. Cash is King! I have a few trades today I will release for you all!
by Cash-is-King
5
Top 15 Altcoins for Long Term Hold (Part II - The Next 5 + 11)Looking for the top 15 Altcoins for Long Term Hold, first I shared some of my history, experience and story within the cryptocurrency markets. I've been looking at these coins for a while now, these are great easy money making opportunities if you have the patience to understand how it all works, or the patience to be able to buy and hold to wait for the right time to sell for profits (follow instructions). In my first article on this topic, we looked at Bitcoin, the King of all the cryptocurrencies, and we then moved on to some others altcoins such as Litecoin (LTC) and Ether (ETH). You can read all of the content here: Top 15 Altcoins for Long Term Hold (Part I - The First 5). Top 15 Altcoins for Long Term Hold (Part II - The Next 5 + 11) In the first article we saw alternative coins that had big market cap., some of these being the second and fifth biggest of all, after Bitcoin. Now, we will take a look at some alternative coins that are less "well known", they are well known but not by many people outside of the cryptocurrency markets. While basically everybody with a computer or phone has heard about Bitcoin, most of the people that know about the coins we will be visiting now are already involved in buying and selling altcoins within these markets. Let's start by taking a look at five (5) random alternative coins (Altcoins) that are good for long term holding. To buy now that the altcoins market is bearish, so that you can sell later when the altcoins market becomes bullish (check 'Part I' for additional information on this part). Each time a bull market cycle comes, most of the Altcoins tend to go up and challenge their all time high or even reach a new all time high. Once this period is over, most of the coins go to sleep until the conditions are right again (the market decides) for another "wave" up. We want to position ourselves now, so that when the next bull market comes we can maximize profits. We maximize profits by buying as close to the bottom as possible, to later sell all when the market is really hot. (The following coins are in no specific order) 1. Vertcoin (VTC) One of the main pointers for me making the choice as to which altcoins are best for long term holding, are the charts. Why you might ask? Because it doesn't really matter about the news, hype, "developers" team, etc., these factors definitely, and obviously, strongly affect the price of a coin, but for coins that have been around for a long time and are considered strong, the charts can give you very good clues as to what might happen in the future. Look at Vertcoin for example, VTC, huge potential. December was the month when the bull market really hit its peak, pushing most of the altcoins to the top, VTC had its run pretty early, in late October and by early December it already started its decline. VTC can be one of the first coins to wake up when the next run starts. You can aim to earn at least 3x with this coin when the next bull market starts. This is based on the last all time high. If this all time high is broken, as it normally happens with strong altcoins, then you can expect crazy earnings, as much as 3x to 7x or even more... (Continues in the update section)
by AlanSantana
119
revisiting the Log long term graph of SIA #siacoinLooks like Sia bounced nicely off the bottom long term support line. I adjusted the support line just a bit as my previous lines were off by a tad. Log graphs can make it harder to draw lines as accurately as I needed to. That being said I think the idea persists and its ok from time to time to make adjustments to lines to become more accurate. We had a scare there for a minute as the price dropped below $.01, but the market bounced nicely off that bottom. I don't think we are out of the woods yet as there is still some consolidation occurring at the support lines. Externalities like the G20 meetings and fluid regulatory environments across the globe are causing some turmoil, but I think this all gets sorted out. The language from these regulatory bodies consistently has been for light regulatory measures as not to completely undo this progress blockchain has made in the past few years. So overall I suspect language to emerge that supports blockchain and the underlying investments but keeping a strong eye on potential red flags such as ICO scams, misuse to hide malicious activity, and to make sure brokerages can be folded into existing regulations without disrupting the market too much..
POLONIEX:SCUSDLong
by profssrfink
SiACoin (SC) : Day Chart : Substantial Potential profitI'm pretty confident we've seen the last of the bearish BTC trend.. Maybe a few rough retracements, but as far as negatively influencing the Alts go, I think that's done.. This is a very good opportunity on a slow and steady coin, that should race up from today.. Take a close look at the fan and the slices on its inside.. They correspond perfectly as resistance and support levels and touch on many of the peaks and dips, all the way from December.. This is a strong buy..
Long
by Lezz
2
Siacoin: Ready for Accumulation zone?Siacoin has always been my favorite low cap coin to trade... Seems to me... its going back to accumulation zone! Siacoin's first pump was in May-June (Huge wave of volume came into the market) Skyrocketed from 35 sats to 850 sats. It dropped hard & had a 5 month downtrend. It went back into accumulation zone (40-70 sats) & when December hit, it pumped back to 667 with (another huge wave of volume) It is now 155 sats and i do believe it has another 1-3 months of downtrend back to sub 100 sats. which will be Accumulation zone & that's when you accumulate as much as possible for the next wave! Siacoin Website: sia.tech Siacoin Roadmap: trello.com Luke
by lvkey
Siacoin SC Poloniex - It has been a long time since we moved - MThis is a Medium Risk trade. Siacoin, if it follow prior movement, will fall to our demand zone and most likely bounce off one of them. Safe thing to do is buy at demand zones, with a very tight stop loss in case it continues down. That way you won't lose much if it moves down but will be in the game if it starts bull run which can last anywhere from 5 days to 52 days. I will keep you updated on this trade if you follow me. Do not invest what you cannot afford to lose. We are not your financial advisors.
by CryptoManiac101
SIACOIN/BTC-Daily-Bullish descending wedge filling towards apex.One of my favorite projects, SCBTC, is seeing a beautiful descending wedge, heading to the 80-40 satoshi range. Declining volume, along with a declining RVGI might show signs of a trend reversal as we near apex. What may pull SCBTC out of this wedge sooner is the public release of RC 1.3.2 and sticking with their timeline(trello.com), especially the releases in the medium term. Might be another big pump this year for SCBTC after further consolidation from its high. Although I am bullish long term for SCBTC, the potential for it to go lower has me waiting for a better price point.
Short
by Sigma5
Siacoin: having a hard timeShort way to describe Sia is 'dropbox on the blockchain'. Sia has been around since 2015 and allthough the idea sounds pretty cool and the solution is live for quite some time now, getting it adopted is still a huge challenge. User statistics are pretty poor and there are many complaints on various discussion boards about setup troubles. From a technical view I have really zoomed out here to the weekly chart. It doesn't look too nice. Allthough we have some sort of uptrend supportline, it is still well below current price. Price painted a lower high early january. On the way down it broke horizontal support and is currently at 78,6 Fibonacci supportlevel, which isn't the strongest fib level. Unless another altseason starts on short notice and traders go nuts for low priced alts again, Sia will most likely fall below 100 sats once more and could even go towards 50/60 sats.
Short
by Crypto_Keiser
Sia long term wedge test #siacoinLooking at the logarithmic long term Polonienx graph (most data I can get my hands on), we see the lower HA candle wick touched the lower support and bounced off. I would argue the algos are looking at this chart as well, and see the same support lines. I expect Sia to do well long term but it will be confined by this uptrend channel (ascending triangle). I would become fairly worried if the chart broke support. The platform is usable and actively funded and developed, so seeing this coin drop beyond support level would indicated either massive global selloffs or a major loss in confidence of the platform. I doubt the latter. But that being said this movement to the support line falls inline with my expectations of price movement and gives me comfort we might start seeing light at the end of this tunnel. I would say as price approaches support there is a good case for buying. We still have quite a bit more movement either sideways to down, but we are right up against the support lines. lets see if it can hold.
POLONIEX:SCUSD
by profssrfink