SCBTC - Short term trade opportunitySCBTC - Short Term (1h)
Possible bounce here to 44-50 to retest high.
Completion of bull flag too, this trendline is very strong
Entry: 33-34 sats
Target: 44-50 satoshi
Stop: 31 satoshis
Please note this could go as high as 60 but I will wait for another trade setup.
SCBTC trade ideas
SC / BTC Local uptrend channel. Former idea + 130%Accumulation channel . Step 130%. There is a local uptrend that is developing.
Entrance and target.
Price approached tight channel resistance. A breakthrough of it and consolidation above resistance can reverse the trend and, first of all, work out the target levels (zones) of the concave bottom (towards resistance).
If the price cannot overcome the resistance of the accumulation channel, then the local uptrend will break, perhaps sideways movement will begin in the zone of resistance of the channel. If the trend finally unfolds, then trade in a horizontal channel with a step of 130%. An ideal entry point in such cases would be entry from the bottom of the channel when confirming support.
Stop loss
Set Stop Loss value with calculation of your trading strategy and money management. Stop Loss percentage should be adequate. What matters is not the Stop Loss value itself, but the entry point and your system of work.
The previous trading idea of this coin that made a profit very bistro + 130%
SC / BTC Locale Level. minimum downward wedge Pivot Points.
+ 130% to the reversal of the local trend from the entry point
Trading idea for SC / USDT
SC / USD (Siacoin) Dragon. Price at the trend fracture zone.
+ 105% Sniper accuracy millimeter to millimeter in the specified area.
Pay attention when he published trading ideas and when this local growth began. Compare this with my view of the training / trading / growth indicator alt. Also make an analogy now.
TRAINING BTC% dominance. When is the season of pumps? The Dragon. ABCD template.
The strongest faith in trading is faith in the power of your wallet.
Siacoin (SC) Huge Long Potential 18x+I do not think I have to say much about this chart ...
Because as you can see, Siacoin has made a perfect ABC correction.
Also, the price is in an area where there is not much space down. That means Siacoin offers a perfect buy setup as it did in January 2017. I even go so far that I say as soon as nothing bad should happen (for example, an exchange delisting) SC will make a new ATH.
Once the altcoins start to moon it will be nearly impossible to buy them back.
First target: 500 satoshi
Update comes when we reach the target.
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Check out when I started telling people to buy:
SiaCoin Fundamentals Indicators for long investment.* Real Proyect with real use in real life, the grow storage grow month by month and hashrate too.
* Many sites right know star working with the SiaStorage encrypted network.
* Skynet released.
* Locked coins to create contracts growing, low, but growing. If encrypted cloud storage still growing will be locked many coins and provide liquidity for Siacoin markets.
* The increase to diffilcult in past months will avoid the effect of push price down by the miners.
I have aditional reasons to think the price increase of inconming months/years. Comment about the proyect and share your idea about this.
You can check and verify on Internet Official Sites of Siacoin, the info here is truth at the date published.
Not a financial advise.
Siacoin | Perfect Bullish BreakoutSiacoin (SCBTC) finally cleared the 0.00000027 resistance level, also marked by EMA300, and is gaining momentum.
Based on our previous chart, Siacoin (SCBTC) had a perfect breakout:
From this point, forward prices can continue higher as long as we remain above "support".
The next two main targets are marked on the chart.
Namaste.
$SCBTC - Anything is Possible - SC Looks Good This timeDear Crypto community This is the Most hated coin in crypto Space, However its always good to Trade the Setup rather then becoming a fan of an Asset.
We human do mistakes and become emotional most of the time in trading we need to control the most.
Weekly chart is Looking bullish Volume is not much however as crypto market is unpredictable and it can pump any moment, we have seen such event in past.
BUY ZONE:- 21-22-23
Stoploss:- Weekly close below 16
Sell Zone:- 29-37-72-143-250 Moon
This is a Weekly chart so keep in mind patience is required for this Idea to develop we need at least 3 to 5 Month over all gain would be 500%
Remember to follow money management strictly & Invest what you can afford to loose.
Thanks
Stay Safe Eat Healthy
SCBTC - SCUSDT is strongly bullish. A rare opportunity to grabIn fact more than 3 indicators are bullish on weekly trend. Be patient on this coin because it can be ultra profitable.
RSI show a reversal trend on weekly trend. Stochastic is bullish also on weekly trend. SCBTC are already out of the historical ASC triangle and is confirmaing the bull market.
We are targeting more than 100% profit in this coin and for the next 4 weeks. If we hit the resistance we can sell. If it break this resistance line it will definitely moon.
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Good luck
Why I'm Betting Long on SiacoinFirst off, don't take anything I say seriously, as this is on opinion basis. That being said, let us get into my insights. 2018, I was pretty confident on Siacoin, and short target-wise, it wasn't that bad. It reached a peak of being in the top 50's, top 30's list for cryptocurrencies. However, Siacoin have went down to #64 and is a dramatically lower price compared to its peak. Yes, the crypto market crashed. However, in comparison it haven't met many market expectations. That being said, Siacoin has potential. People seem to be adopting "Proof of Space" algorithms, and the demand for Siacoin's tech seems to be increasing in that manner. Also, it seems like it does have a potential for a bull run this quarter. It is medium to high risk based off of some of its past performance, but I would say it is closer to medium risk rather then high given the nature of other altcoins out there. Siacoin does have some merits usecase wise, and it doesn't seem to be a bad cryptocurrency or blockchain company. Infact, it is worth being on your watchlist.
SCBTC - Has the bottom been hit?On October 30th of 2017 Siacoin hit its relative bottom price of about 40~41 satoshis with a supply of ~30.49 Billion Siacoins.
Here we are now fast approaching March 9th of 2020 when the Siacoin supply will reach ~43.72 Billion.
How does our current bottom relate to the bottom of 2017? I consider the inflation of Siacoin and adjust the price accordingly.
This price adjustment is seen with the red line, calculation for this line is shown in red as well.
(Please note, I don't consider the inflation of Bitcoin.)
The price has fallen below the red line, thus a new bottom has been discovered. This bottom is revealed by the double bounce off the 16 satoshi line.
With this observation in mind, I would like to think that the price can only go up from here.
However, will the price test a max? If so, what is this max? In the past it has been around 600 satoshis, so with inflation in mind can we achieve 420 satoshis?
(70% of 600 is 420)
Or perhaps will we stop at a modest level such as 41 or 60 considering that volume has dropped significantly.
I will wait to see what the volume does. If it picks up considerably then I would expect a test on the max.
If the volume stays low... then I may sell at a moderate price level.
Please feel free to share any thoughts on this.