Full Siacoin vs Bitcoin Chart Analysis by request (SCBTC #1)We start with Siacoin vs Bitcoin (SCBTC), which is the TOP requested altcoin in our previous trade idea.
The first thing I would like to show you is what I call a bullish chart/trend/cycle.
The low for SCBTC was set late December 2020 at 10 satoshis, that is 0.00000010 BTC.
Any trading above this level, even if it takes years of waves and price swings, we consider this chart to be bullish.
A strong bullish wave took place from January 2021 until April 2021. This is also true for most Altcoins.
Keep this in mind when people tell you that Altcoins should drop because Bitcoin is going up.
Bitcoin had a strong bullish wave on this same period and we saw Bitcoin and the Altcoins growing as well, this is normal.
Siacoin (SCBTC) went from 10 satoshis in late December 2020 to 103 satoshis in April 2021, that's 906% growth.
Another thing to keep in mind is the huge bullish potential these Altcoins have.
After the bullish wave we get a correction, this is completely normal.
After the correction we get a long drawn out period of consolidation/accumulation. This is where all the weak hands will be removed. Then suddenly a new strong wave takes place that can last for many months.
Now comes the potentially tricky part.
After the consolidation we get another "Up wave", a bullish move but, sometimes support can be taken out and we get 3-4 more weeks (or months) of correction before the next bullish jump.
The main support is set at 30 satoshis marked by the 0.786 Fib. retracement level for the full wave that started in late December 2020.
If this level is taken out, we can see a few weeks or a long-wick down and then the new UP wave.
We get "straight up" or "drop first and then UP!".
The easy strategy is to simply buy and hold and be patient, focus on something else after your trade is set up (our main and basic trading strategy).
When the bullish wave is back on, it will be very clear.
When your targets are hit you collect the profits and your work is done.
I am a bull so I believe more in the bullish side but everything is possible at this point.
Next time we breakout strong, we will not stop at 103 satoshis it will go higher since we are trading within a higher low.
Here I am mapping 160 satoshis (0.00000160) as the target but this also varies wildly as things develop.
This is the first one of 20...
I will share your TOP 20 requested altcoins, 10 ALTSBTC and 10 ALTSUSDT, and then will share 5 of my own with strong bullish bias and potential growth
Thanks a lot for your amazing support.
Namaste.
Siacoin
Descending triangle ( Siacoin 1W )(( please read the description ))
Trading in the descending triangle is done for weeks, Is it time to leave the triangle to test the resistance.
Upcoming events:
If the triangle breaks upwards, we can hope to test the resistance again.
If the triangle breaks downwards, only the support line will prevent further downtrends
tip :
MACD (Slightly reduced sales)
The trading is above the MA 50 (blue line), one should hope for an uptrend and test the resistance Zone .
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
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* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
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*** pay attention ***
BTC is influential in all transaction
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SCUSDT Daily TimerameSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
SC/usdt nice cup and handle reverse entry :0.0176 ~ 0.01770
The live Siacoin price today is $0.017812 USD with a 24-hour trading volume of $83,017,556 USD. We update our SC to USD price in real-time. Siacoin is up 11.26% in the last 24 hours. The current CoinMarketCap ranking is #103, with a live market cap of $874,037,451 USD. It has a circulating supply of 49,070,392,992 SC coins and the max. supply is not available.
Siacoin on important levelSC is right on a level that acted as resistance and bounced down from it. Breakout or even better retest could be a good long entry. If get rejected again, level 0,01576 could be retested, and a possible bounce up from it could be a good long entry again. If that level is lost, more downside is in the play.... So possible SHORT could be opened...
SC SiaCoin - get ready for a 5Xim ready
looks like its doing some cup and handle stuff, some W stuff, and just now at a major resistance. Once this resistance gets broken, i think we will have a very quick 2x to 0.040
by the end of this crypto bull market, i think we can see 0.1
DYOR
i have been seriously wrong before XD
SCBTCOne of very important resistances (40satoshi) has been broken... the most important resistant in weekly time frame is 50-55 satoshi... breaking and stabilizing there have a great signal to growth. this ascending channel has been formed and we are relatively at the base
SIACOIN - SHOWS INTERESTING TREND FOR POSSIBLE HIGH Hello trading friends,
✅ Siacoin shows an interesting trend for an increase, but same time manage good your risk and add an Sl where you will be fine with it.
We will follow this coin next time to see or it gets confirmed some trends for an uptrend.
✅ we don't close out, that there will be a possible whale increase on it coming time.
Have a great day
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Manage always your risk, nobody knows the future - all depending on Data, trends, and whale effect
All our charts are not advice and you are responsible for your own investment
🎬To stay updated check always our last update.
SCUSD: Moon, Mars or Bust?!?!?Hello Trading View Community,
SCUSD looks like we might see an attempt to breakout and ride a nice rocket ship to the Mars, at least maybe Moon.... Now, before we go packing our bags, we need to make sure SCUSD flips the current resistance zone here at the 0.236 Fibonacci level and confirms it as support. Another bullish sign is coming from the Exponential Moving Averages trying to curl up and form a nice golden cross, with a nice hidden RSI divergence, till this happens though we might see some ranging.
If it does breakout, I think we can see a push up towards the 0.382 fib point. However, I'm putting my first target a little further down as this is an area that starts to form a volume peak (not pictured).
Thank you guys for checking out this idea on SCUSD. If you find this analysis useful, support with a simple "Like" or "Follow".
Trade carefully and remember these are just ideas, not trading advise.
SCBTCHeavy resistant in weekly time frame is ahead: 46satoshi. breaking out and stabilizing above this heavy resistant make targeting next satoshies easier: 55-58, 68, 76, 80, 89, 100-110
SIA- Next to Have a Good Run?Nice chart, very promising.
Despite the fact that SIA has not offered any 'headline news' recently, no big deals closed, no major announcements; it still remains a great project and at this stage I am looking to increase my stakes here as a good run seems higly possible
the FXPROFESSOR
PS. I still prefer SIA to Filecoin in this segment of the crypto market (file storage)
SCUSDT🌟this alt is in sideways in high time frames while in shorter time frames it shows the bullish bias trend angle is getting higher and higher which is an indicator of getting attention of investors into this one which is also dragged our intention to enter to this coin too, don't miss the potential
👉This idea has the confirmation of "advanced price action" 👍
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SIACOIN quickie 2This is follow up to the trade in related idea which ended with loss. I will be buying SC @ 0.02105, which is the upper edge of the support zone, as I expect the white falling wedge to be broken to the upside soon. Then we could see break up of the big yellow triangle which should lead to another upside move.
ENTRY : support @ 0.02105
SL : local low @ 0.0198
TARGET : resistance @ 0.0247
RRR : 3
INVALIDATION : when SL level hit
Like👍, follow✒️, enjoy📺!
SIACOIN quickieSiacoin broke up this triangle📐 so I think there is chance for run to 0.0252 and even higher. Setting BUY LIMIT order in anticipation of another dip to get in. Come on SC !🔥
ENTRY : local high @ 0.0218
SL : local low @ 0.0210
TARGET : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 0.0252
RRR : 4.3
INVALIDATION : when SL level hit
Like👍, follow✒️, enjoy📺!
Siacoin (SCUSDT) Moves Ahead! (190% Potential)Siacoin (SCUSDT) is showing a good chart that can lead to additional growth.
Here we are looking at Siacoin vs Tether.
Today prices are moving above MA200 and this candle is about to close above this level... This can turn into a strong bullish signal.
With very strong indicators, MACD and RSI, we can say that this one is looking really good.
The potential is there for higher prices...
But, make sure to prepare in case it drops and the chart change.
Always be prepared for both scenarios.
Make sure to have a plan set before you trade.
Use a stop-loss...
And make sure to ENJOY THE PROFITS.
This is not financial advice.
Namaste.