Siacoin
SIACOIN (SC) with 342% potentialSiaCoin just broke out from it's down trend line.
Targets as marked on the chart.
Adjust your stop loss after reaching each target and enjoy the ride. :)
SiaCoin [SCBTC] Breakout and TargetsSiaCoin Hardforking 31 January 2018
I See breakout from Ascending Triangle in upward direction!
I will buy now, and book profits at two target prices:
Entry now at 275
Target 1: 425
Target 2: 525
Siacoin -- Possible Bullish Flag BreakoutSia is a serious contender in the space of decentralized storage.
Digibyte (DGB) : Bull Run Over For Now?This is the chart that no one wants to see, but the one you can't ignore.
My view on the recent impulse waves of DGB. Yes, it's sloppy, but when you have 1,000 usd swings with bitcoin you can't expect to have pretty Elliot wave sequences such as when you use the theory with traditional assets which is compared to a relatively stable currency like the USD or Euro.
Also, I'd like to point out that if you've been paying attention, this same sequence is playing out with numerous other alternate coins such as Siacoin, Ripple, Lumen, and the list goes on.
I hate being the bearer of bad news, but it may be time to take some profits and reenter at a lower price. OR there's always the option of holding through the storm which outperforms swing trading 90% when you're not the most experienced "trader".
I hope I'm wrong, but for now I think the action is over.
C leg of the correction waves may not go that deep either. Then, again it may go even deeper if we get a bull run from bitcoin.
ABC correction will be confirmed on a break below 615 sat.
I like DGB and I think 2018 will be a huge year for it so I'm definitely wanting to add to my long term position and the very best price which appears to be coming.
Trade Procedure:
Buy:
I'll be looking to reenter DGB at 540-575 sat.
Stop-Loss:
This trade is invalid at 734 sat.
Sell Targets will be assessed after buy.
As always Goodluck everyone!
Siacoin - 2 monthsHi all, thanks for clicking..
Siacoin is off with a good start! It made his way up from 0.00000050 to 0.00000297 on bittrex. Eventhough bittrex has problems with deposits and withdrawels it goes up:) Volume is good and hardfork is coming!
Add to this all a cup nd Handle.... and off we go! I dont expect growth like my XLM pattern from december 3rd (which was really close:)) But SiaCoin is a nice coin to hold for the next months.
SCBTC ready for another jumpSiacoin ready for another break out, chart above the cloud, still some space with RSI at 50% to go up.
Buy zone at 230sat, first target at ~275sat.
Orange arrows are my previous prediction.
Bar pattern SIA coin I'm a newbie but could that happen or that's just imagination
2500 could possibly happen
Siacoing is allready to trend, risk trade BITTREX:SCBTC
A big volume on day time frame, potential trend
SIACOIN SC VISION FOR MONTH JANUARY COIN FOR JANUARY : SiaTechHQ SC SIA
FACTS:
New era of cloud storage on the blockchain
Sia's decentralized cloud is on average 10x less expensive than current cloud storage providers.
31.1.18. HARD FORK
Siacoin Algorithm Testing. Testing algorithm on Siacoin.
This post is not a recommendation for followers, only forward testing of performance for personal record keeping.
SCBTC: Poloniex LongSiacoin is still investible, and will have a similar correlation to what it is having on Bittrex on the Poloniex exchange as well. This ofcourse, is likely up the six sigma accuracy. The potential for a long holding throughout this year seems almost inevitable for sustainable return, although it still has a medium risk. I personally though see some much bigger breakout potentials given the fact that their technology is fairly underrated. It is only a matter of time when they will start having more recognition or market acceptance for what they are doing with the cloud.
SC testing resistance ~230, bullish trend startingSiacoin on the 1D chart looks to be breaking out of a long bear market into a bull market. We've had the end to end cloud break, now riding above the cloud with a TK cross to bullish. The 4H chart seems to indicate the same, with entry points a few days ago around 160 satoshi with no exit signal yet.
Siacoin long term hold ! Retirement coinWhen siacoin 1st started to show life we saw days bewteen dec2 and dec5 where it showed signs of parabolic movement . Sense then the upward channel for siacoin has been formed. Siacoin has been a long state of downward channel so this is sign of life. Also with my idea of bitcoin being in its 5th wave the last time BTC did this in early june we saw alts rise with bitcoin which i believe will happen again. Siacoin being one of these coins for many reasons. Personally i firmly believe in Siacoin tech and i see a forseable future of partnerships or contracts with the biggest companies in the world today. So buying it at the USD price its at now 3 cents is a no brainer for long term hold.
Buy Sia Coin Sia coin has an interesting concept that is very underrated. This coin has a solid use-case and is not very well known.
BENCHMARK
Sia has a circulating supply of only 31bn while Ripple (XRP) has a supply of 100bn.
The supply of SC is significantly less than XRP and yet the price is far lower. Obviously, this can be explained by the maturity of XRP through the Ripple team development and the differing use-cases. However, SC is only 3c, while XRP is pushing $3.00.
I can see SC reach a price of at least 20c in the near future, just like the initial rally of XRP in early 2017.
I have just purchased 738k SC at 29.6c that is within the small blue box on the chart. This trade will likely experience some draw-down, especially while completing the symmetrical triangle pattern. However, I am willing to hold this until it reaches the desired target price of 20c.
Sia (SCBTC); Cup-ceptionSia is currently forming an ascending triangle. This will bring SC to 334 Sats to complete the cup. A handle will then be created.
