SCBTC trade ideas
$SIA Strong Bull After Dump. Strong Catalysts Coming UpSo Sia Coin Should have just gone on another bull run right before the market dump. Now that we've corrected it has recovered stronger than a lot of coins. I'm in $SIA from a bad position prior to the dump and waiting on a full retrace. Going to see how this next few hours plays out with Sia.
Catalysts :
January 16 : Bitmain Released new Antminer A3 which is the first commercial miner for coins like Sia. Strong catalyst but could take time to react in price
January 21 Difficulty Adjustment Hard Fork
March 31st Software Upgrade allowing file recovery from seed files
SIACOIN Great Potential - Hard Fork on 21st JanSC is showing strong bullish signs. Hard fork is scheduled for 21. January. Expecting a nice bull run in the following days. Mining supported by Antminer A3, which makes SC even more attractive.
coinmarketcal.com
Buy range: up to 450
Targets:
482
545
608
698
812
"It's not personal. It's strictly business." - Corleone
SC looking good to still smash ATH before end of June! Mid-Long Siacoin looking like its still on trend to smash the ATH before end of June. Along with the catalyst of Obelisk releasing new Miner Rigs for the Siacoin Network. This should send us shooting passed ATH's. Looking for some huge returns on SC.
Buy Zone; 300-460 Sat
Sell Targets; Short Term: 745-1000 Sat Long Term: 1500 - 1760 Sat
Not unrealistic to see Siacoin ramp up marketing and see it in the top 10 coins on CMC.com, leading us to a 2000 Sat+ Siacoin.
File sharing and other software improvements.
"In 2018 they will finally release file sharing between Sia users. This will introduce a new use-case for Sia, while also increasing network utilization and network effects."
Enterprise partnerships.
"Our goal for Sia is to serve as the storage layer of the internet. We want companies like Dropbox and Netflix to use Sia to store and distribute their content. By the end of 2018, expect to see several meaningful partnerships with enterprises."
Overhauled Sia-UI.
"In addition to updating the brand, we have tasked Luxor with developing an overhauled Sia-UI. This will make Sia far easier to set up and use on a regular basis. They will start this work in Q1 of 2018."
Marketing and public relations.
"We intentionally keep a low profile. In 2018, that will change. With Sia almost ready for early enterprise adoption, we have hired a public relations firm to increase awareness of Sia and decentralized cloud storage. We will also be increasing.."
Find more here;
trello.com
obelisk.tech/
Check out my other ideas;
Siacoin SC ForecastChart is self explanatory. If bounce is successful one can expect a bullish trend.
Hardfork is set for 21 January 2018.
File contract upgrade, file recovery system and simple file sharing are all expected to be in place before 31 March 2018.
This is not an advice, always do your own research.
SC to 666Just playing around with this. Really have no clue if I am right, but I have a strong feeling next wave up for Siacoin will reach at least 666. Might go higher ofcourse. Hopefully SC will be one of the first to pump this upcoming bullish cycle. Timeline? Umm, lets say middle of February. Whos with me?
PS Have been long in it since 75 sat.
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.
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 !
$SC remains a solid HODL. Bull Flag on Bull FlagExpecting another tick upward and flagging back down to long term support. Sia has done a great job of bringing this coin and tech back from the dead. They have a hardfork difficulty adjustment coming up which will keep it as a profitable coin to mine. They're also announcing some future upgrade by end of Q1 which will increase speed and add file sharing between users. Quickly becoming a viable company.
SC Great possibility Short TermAgain, MACD and RSI showing divergence in relation to price action.
We need to wait for confirmation. The price is now testing hard support. Breaking this support, we also roped the previous top, characterizing a possible change of direction. Could I say... a Pit Stop.