Siacoin ExpectationsI'm holding a few SC for months, but I think that it's time to take it out of my wallet, it's time to trade this stuff. I think that this lines-on-the-chart will be the next move.
Don't take this as an invest advice, I only draw lines on charts and want to know if my thoughs will be reality.
SCBTC trade ideas
Possible Double Bottom ?Hey Yall
Its not as clear on the 1 day chart, but on the 4 hr & 1 hr chart it seems that a possible double bottom is forming on the 50% retracement line. Seems we have strong bullish presence at the moment but will be keeping an eye on the situation to see how it plays out.
COINBASE:BTCUSD is on a strong bull run at the moment, but we will see if BITTREX:SCBTC can keep the bull run going before the BTC corrective candle.
Siacoin SC/BTC - Ready to make a move (100% potential)Sia seems to have made a breakeout in a similar way to XVG. EMA's are converging and we should see EMA 9 crossing EMA50 soon. Target is close to 590 sats. I would wait for SC to cross above 315 sats in the next few days to get a confirmation of the trend reversal.
Sia at 286 sats is sitting exactly on the 0.618 retracement ratio, it makes sense to see a new leg up from this point.
SIACOIN ANALYSIS FEBRUARY 10 , 2018The price moves in a descending channel from the closing price of 0.00000564 BTC to 0.00000290 BTC and the price starts to move on the ascending trend line. On a regular basis, expect to respect the bullish trend line to reach the following prices
0.00000320 BTC
to me
0.00000567 BTC
If the bullish trend line breaks, prices will face a strong support area that has been tested several times before
Between 0.00000176 BTC and 0.00000244 BTC and we expect the price rebound from then again.
Siacoin (Cup & Handle Formation) - Easy 500% Profit (Long term) Hello Guys.
First of all, SiaCoin is very good project related to secure cloud storage at low cost. Which might be big in future. I am very much Bullish on Siacoin.
As per the chart, We had a nice Cup and Handle formation and reached the support and holding there pretty Hard. It is a good sign.
Buying Zone: 0.00000250 - 0.00000330
Target 1 : 0.00000400
Target 2 : 0.00000575
Target 3 : 0.00000800
Target 4 : 0.00001385
Stop Loss: 0.00000225
Note: Don't forget to put the stop loss.
Sia reversalAfter a very solid correction and now consolidation, SC is ready for another takeoff.
Last time it consolidated like this there was very bearish alt sentiment which primed us for a bearish breakout. However, this time we finally have flipped over to bullish sentiment and we've seen what sort of catalyst that can be, just look at my BTC TA from yesterday.
Siacoin (SC) on the verge of breaking outThis coin is very much like XDN. The graph, the indicators all look almost identical. It is actually a bit weird. After a period of consolidation since more than a month, I think it is ready to move. The StochRSI on the 1D chart has become really bullish, and there is a lot of room till it gets oversold. Looking at the MACD and it's histogram, it looks like sell off is over and the lines are about to crossover. The indicators on the short term charts: 1h 2h and 4h are all looking very bullish too.
Don't forget to diversify and set your stop losses.
Cheers and good luck!
Tips:
BTC - 1FPLEZw1WXK4ojqap3R1KtXxubDsrLps7g
ETH - 0x080cC01b0abA63Bde5cC535d92F0fEd8722b1678