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Siacoinbtc

Sia Coin /Double bottom 2X -10X potentialSiacoin has accumulated at around 16 satoshi for a few months with a peak to 21 then more accumulation at 16 satoshis. This is an indication of a double bottom with an extremely solid support indicating the bearish trend is now over with bullish signs in the future. 21 satoshis is the 1st real test once broken out of that resistance the market is confirmed bullish. at the take profit points you can expect minor retracements but overall the market will be bullish!
SLong
by StefanCaster
1
SC/BTC The level of the local minimum. Descending wedge. PointsThe price has reached a local minimum. A cup . Descending wedge . Potential double bottom formation. (upward movement to the local maximum level of 27-30 satoshi) Entrance 1) on a breakthrough or pullback after a breakdown of a downward line of a local trend (wedge resistance). You also need to understand that after a breakthrough, lateral movement may begin. 2) Above the level of 30 satosh if the price is fixed above this level. Target 1) Downward wedge + 80% 2) If the price is fixed above 30 satoshi - the potential is 75-150% of this zone, or + 300% of the entrance now or at the beginning of the upward movement from the local minimum. Stop loss Under key support levels during your entry into the market.
by SpartaBTC
22
Does anyone SC(ee) this? SC/BTC Potential Trend ReversalHello everyone, I hope you're all doing well. The end of the crypto winter is quite close and multiple indicators are showing some major altcoin recovery that will happen in the near future. Eventhough, the downside on some altcoins might still happen, I would like to showcase one of the altcoins that has potentially hit its bottom and might do a trend reversal on a Shorter and Longer time frame and that is Siacoin (SC/BTC). SC/BTC is looking to be in the very good spot as it has hit its crucial Support/Resistance that has been important for it throughout its history and this is 26 satoshi price level. As it can be seen from the Chart that is posted, SC/BTC has failed to close a candle beneath a 26 sat price level for more than a month, ever since this price level has been tested. It has successfully bounced more than 8 times from this price point indicating that this is a very strong and important Support for Siacoin. The EMA 50 and EMA 200 have been looking excellent on 4 hour candle indicating that there might be a potential crossover which could indicate a short trend reversal. Ichimoku cloud supports have been pierced which means they also represent a short term support at this levels. Regarding the weekly chart, Siacoin SC/BTC is looking extremely oversold on RSI which indicates a good opportunity to enter. Short term targets are: 40 satoshi 60 satoshi Long term targets are: 100 satoshi 120 satoshi 200 satoshi 260 satoshi 300 satoshi
Long
by bizi
2
SIACOIN/BTC overlookafter the price action breach 60 satoshi support level.. apparently it will test toward +- 50 satoshi as a past support.. volume is non existence from weekly chart .. indicator rather flat and keep going down from macd and RSI .. although from indicator perspective it's a possibility for bounce since it's indicate oversold from daily timeframe by MACD and RSI that almost crossover into a buyer side. i also took a pattern bar from october 2016 to april 2017 and match it up with current movement that i assume will follow.. we will see how the future will tell us.. please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion. and please feel free to share what your thought on comment section. peace.
by MisterCatt