Get started

Siacoin

Staircase formationNot good, bad, very bad. Currently just at the overbought line struggling to keep 380 is not a very good sign at all. The momentum is still leaning towards greater loss I do think we will fall below 0.00000300 so I put my sights on 0.00000200. I haven't fell for any fakeouts and since 0.00000499 that is all we have been seeing. The market is currently bearish and I expect it to be bearish until around the middle of february. Their is space to make a few dollars if you swing trade 100,000 USD worth of SIA however in my humble opinion it's not worth the risk. Have a nice day.
by SiaSun
Siacoin has an incredible potential for the long run $2.10Following a downtrend, the Rounded Bottom forms a gradual bowl shape reecting a gradual shift in the balance of supply and demand. Investors were indecisive and did not if it was a good idea to keep investing in Sia. Followed by that, a quite long period of inactivity, the bottom of the bowl that I drew for you, and it is when the price patterns starts it upward turn. Volume start to increase and I see a vertical movement of the chart in the next month. HODL and be patient. Targets I have in mind: 512,573,623,672,742,832,1091,1510 - Target 1: 512 - Target 2: 573 - Target 3: 623 - Target 4: 672 I believe that these targets are achievable by the mid Feb and I will keep updating this chart for the next targets that seem crazy but achievable. Leave your comments below if you would like to know more about any other coins, I can work on them for more chart analysis.
by UnknownUnicorn1484312
9
SIAcoin, the phenix who didn't dieWhere most of the projects would have give up, if they had been going through crisis such has the one SC have been through in Q3 2017, the Sia project keep going and is was up 997% since lowest 2017 until the correction from this week that all cryptos have been through, (-43% for SC) and still up 772%. This resilience prove a strong will to outperform their peer. What have driven my analysis here is the recent publication from Bitmain to support the SC mining and to deliver the A3 Miner. This has push a wave of talk on Reddit, Blogs, Telegram, etc. and give interest to people who were doubtful of it. The delivery of those should be planed next week as the last of them (currently SOLD OUT) was shipped. This is set the clearly augment the difficulty of mining. Some says this should increase it up to 900%. Therefore, I expect those miners to refuse to sell at a lower price as the electricity, and his cost, required to mine would give them a low / negative return. This hodl will lower the sell side while the buy side should keep rising due to interest in the coin and his recent media attraction. If we get back to the graph analysis, we clearly that the 428 resistance was breached before the correction, but reappear during the rebound. The current volume is to low to breached again. The out performance from SC over BTC could be due to the low traded volume but can also be a sign of a clear potential of Siacoin. We can also see that the regression trend slightly differs from the trend base on lowest trade during the period. This could indicate either an actual overpricing which could led to a fuliginous correction, or the announcement of a exponential rise rather than a linear rise. To conclude, I would like to draw your attention to the reaction from Obelisk and Sia founder : “Bitmain has a long history of being abusive towards coin communities, their customers and towards coin developers. We prepared for something like this by adding an extra feature to the SC1. We can do a soft fork that slightly changes the PoW algorithm which would invalidate the Bitmain ASICs, but allow the SC1 units to continue working. In the event of an attack from Bitmain, we can activate this soft fork.” “At this time, I do not think it is necessary, but if they start mining empty blocks or otherwise prove problematic for the network, we have recourse that does not involve destroying the usefulness of the SC1 units. This fork would, of course, require community adoption, it's not something the devs could decide to activate on their own. It would be a UASF because the majority hashrate would not be standing behind the soft fork.” This uncertainty is a factor that no one should ignore... Analysis done by The Foil 20.01.2018 12:20 CET ---- Disclaimer: The content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. I write for analyzing, learning & discussing general and generic information related to investments and strategies. No content on the site constitutes - or should be understood as constituting - a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in our site content. I do not provide personalized recommendations or views as to whether a stock or investment approach is suited to the financial needs of a specific individual.
by TheFoil
4
SC - SiaCoin - ShortSC was one of the few coins to breakout upward during the crypto correction and has been a solid investment for sometime with heavy investment coming form players with deep pockets. However, following the breakout it has formed a bearish ascending wedge. SC is facing heavy selling pressure and there a divergence has formed between technical indicators and the price. Due to the TA on the chart and divergence of the indicators, I expect a pull back in price.
Short
by alexhiggins732
1
SIA Multiple different ideasSo I know this chart is very unpleasant to the eyes, but I wanted to put all the ideas I had on one chart. Sia is in a nice retracement and it could have hit its bottom of the 4th wave to bounce to new ATH! I personally believe this idea, but to look at the bearish side of things is different. This could be a bigger retracement and the end of the bullish market cycle by finishing up the ABCDE pattern for the elliot wave. This is a possibility and I will look for more confirmation indicators on which way it will go. Time will tell. Happy trading! :) Professional trading Discord Server. We discuss our ideas, findings, and news about crypto. Come check out our community if you are interested in learning more about crypto and charting. We are a growing, kind, and helpful community that strives to help others learn how to trade. Discord: discord.gg
by thaus18
Siacoin TOP 10 Crytpo in 2018?Nothing makes me more mad than cryptocurrency that has been pumped to moon level with no application purposes. I hope 2018 brings us more than just the hype of crytocurrencies that 2017. We need to focus on actual application purposes of the blockchain technology. This is one reason I have a lot of support for Siacoin and the use appplication it offeres. It is MORE than just a cryptocurrecy, it offers a decentralized form of cloud storage. (Only company I know of that offers this) This technology far surpasses it's closest competition, and it is offered at a ridiculous low price. This technology is what give the blockchian its value. If you liked this idea please show support and I will post more in-depth analysis
POLONIEX:SCUSDLong
by gunnerst3
8
Siacoin Correlations and UpdateI recently predicted that Siacoin can hit 12 cents within a week. That looks like it turns out to be false and was too speculative for me given that I didn't take into account the crypto market as a whole and regulatory concerns. However, I still believe in a long term HODL for Siacoin and am still holding it in my account. That means that I believe this extremely low price is currently a dip. Other things I didn't take to account was also frozen exchanges or offline wallets. However, the price as it stands right now is highly investible but a medium to high risk strategy. My new set conservative strategy for Siacoin by the end of 2018 (which is slightly lower) is 33 cents.
Long
by gamer456148
4
SIACOIN - Huge potential after double bottom patternThe Double Bottom pattern marks the reversal of a prior downtrend that we are seeing after the pullback of BTC. The price forms two distinct lows at roughly the same price level here. For a more significant reversal, look for a longer period of time between the two lows. Expected Target : 474 and even more for a long term HOLD I am expecting a pullback of Siacoin (storage of data using blockchain and interesting Coin to look at). It is a long term HODL so buy more if it drops to the buy back area. Good luck !
Long
by UnknownUnicorn1484312
6