SCBTC trade ideas
SC to 440 in the next couple weeksJust decided to share my vision and hopes with you. Thinking that Siacoin will get to 400-450 range before ABC correction in next few weeks. Then it will retest All Time High closer to scheduled hardfork in January 31st. I am seeing increased volume on exchanges and all the indicators pointing up. Been in this trade since 75. Still a good entry now. Overall, this project has a product, a team, and a community, long term its great investment.
SC/BTC - break out soon ?SC has been in strong up move recently. We can assume that its bull cycle has started. In addition , SC is going to have upcoming hardfork next month
The symmetric angle is looking to be broken out. If it is, It can reach at least 335-350 or more.
stop loss when it goes below triangle .
Goodluck
Updat for Sia: New TargetsSiacoin almost finished correction after reaching our previous TA targets and bounced from our last target, 0.00000314 showing strength to hold the bearish movement.
New targets confirmed now and Sia will start a new bullish movement.
Breaking the upper-line of the bearish channel will release a strong movement for Siacoin.
Entry point:
Feel free to join now
Stop loss:
1D closed candle under 0.00000255
Targets:
0.00000485
0.00000519
0.00000569
0.00000650
Good Luck
Siacoin at the bottom after adjustment at poloniexPoloniex has disabled wallet of siacoin at last. It means quantity of coin in poloniex will remain stagnant for some days. Now hard fork of siacoin is in news which can result in high demand. If we apply supply-demand concept here, it means siacoin is going to explode very soon. The rates of siacoin in poloniex is already at the bottom/ lowest of all exchanges. Triangle is almost closing as well on the chart. According to my analysis, you will see Siacoin taking a big leap of more than 150 sibtoshi in couple of days.
Siacoin Growth PotentialEven with the extremely recent negative correlation, I expect as a short position that Siacoin is expected to grow 150%+ in value within 7 days. A price point of over 12 cent is possible that soon. Even $0.24 is possible but that can be a stretch. For a long position where you HODL until past 2018, you can expect even much better growth. Given the partnerships that will happen, the protocol updates in its cloud infrastructure, among others, this is very feasible. However for conversation purposes, I am predicting the short term growth and also advocating a long HODL still.