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SCBTC trade ideas

SIA-COIN (SC) long term hold Retirement coin! ------ContinuationSiacoin has reached good growth but i believe has huge potential to cointinue growth once the markets does more research on it being the best storage coin market cap wise . Plus the great tech siacoin offers huge top 10 companies in the world today currently. Ived added a new support line and remember if the market crosses a new soft resistance to make that the new soft support and scale down vice versa. Markets follow trends and Siacoin is following its trend nicely. KEEP IN MIND ___ BTC could surge any day now and if it does surge 3 to 5k in 1 to 3 day Time period which is about 15 to 30 percent growth at its current price . Siacoin and mainly all alts would lose considerable value because btc value will go down unless the coin matchs BTC growth. IF both are growing its kind of a win win. Any comments or opinions or questions are much appreciated i love to talk about this coin!
Long
by StefanCaster
9
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.
Long
by gamer456148
3
SCBTC / Symmetrical Triangle How To TradeTechnical Analysis Symmetrical Triangle Siacoin is in a symmetrical triangle very close to the apex (meeting of up trending and downtrending line) and should break out soon. The closer to apex, the closer to breakout. 2 Lower highs and 2 higher lows confirms this triangle is valid. Volume contraction / reduction also validates Symmetrical Triangle pattern. This is generally a continuation pattern, meaning if it entered the symmetrical triangle from a bullish run, it should continue, bullish. the symmetrical triangle is sometimes a reversal pattern, meaning we should wait for a valid breakout of the upside before we buy in. To enter this safely we want to see at least 5% move upward (235-240 Satoshi) as well as some buy volume kicking in, showing interest. We can also wait for accelerated movements upward (large green candles) and bullish gaps. Often, the level of the Apex turns into support and can test / bounce on it around breakout before resuming to target. Symmetrical Triangle target is generally the widest distance of symmetrical triangle. Many sources state that 75% of symmetrical triangles are continuation patterns. We’re buying in on a 5% movement upwards and re-buying and adding some in this trade on the test / bounce of the apex. Trade Information Fundamental Analysis Hard Fork January 31 2018 Project I am bullish on Siacoin as I believe it is a great project, and is in my core holdings for 2018. Siacoin is a “decentralized cloud storage” that is completely private and encrypts files on a decentralized network. It is affordable as 1TB cost about $2 a month. It is open source and the devs are transparent, and many people are allowed to contribute. The community has been building applications on top of Sia’s API. Siacoin also has a decentralized storage marketplace, that allows people to “rent” and sell digital files, document and similar. Sia leverages the capacity of blockchain technology to enable distributed networks to reach consensus in a secure and trustless way. Cryptographically secured smart contracts ensure the encryption and transfer of data with no possibility for a third party to interfere in any way.
Long
by JCBCrypto
17
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.
Long
by StefanCaster