First SC alt season on Binance is being drawnothers altcoins has the same context ***** first alts season on binance
SCPERP trade ideas
SCUSD [Logarithmic] Moving In Respect to Rational FunctionSince 2016, the logarithmic SCUSD chart seems to be trading within the range of a rational function which I modeled. Above I've indicated areas from which you'll want to take profit (TP). I've determined the areas of which to take profit by using the Fibonacci Extension Tool. I'm expecting this next bull run to send SC to $0.85
Thanks for taking the time to read this.
Nothing is random.
Stay profitable.
SCUSD [Logarithmic] Moving In Respect to Rational Function Since 2016, the logarithmic SCUSD chart seems to be trading within the range of a rational function which I modeled. Above I've indicated areas from which you'll want to take profit (TP). I've determined the areas of which to take profit by using the Fibonacci Extension Tool. I'm expecting this next bull run to send SC to $0.85
Thanks for taking the time to read this.
Nothing is random.
Stay profitable.
Sia about to pump?Every time we've had a weekly candle close on top of the 20 week moving average, Siacoin has gone to the moon. Will we be going back there soon? I'm not waiting to find out... We've a lovely cross to the upside on the weekly stochastic RSI after making higher lows on the 3-day chart. Fantastic opportunity.
SIACOIN Big upside potential on break outSCUSD is now on its 1M Supporting Channel. Every time the price has broken above this Zone it has rallied aggressively. In other words as long as Siacoin trades inside this range (or when ever it enters) it is a buy opportunity. During the previous two break-outs, the rallies have extended to +453% and +3864%. Keep that in mind when deciding your buy take profit spot.
Siacoin Looks Like a Long to MeHello Traders,
Siacoin is holding the trendline on SCUSD Poloniex and even looks like its made an attempt at a set of small impulse waves.
SCBTC chart also is showing bullish divergence on the daily.
Based on this i will open a long with a tight stop on the trendline.
SC HIT Bottom soon , tartgets in 2 year 1$+SC HIT Bottom soon(1-3 weeks) buy
tartgets in 2 year 1$+
TARGETS ON GRAPHS
SCUSD for a more complete viewSCUSD is a similar story to SCBTC, only in this pair Sia has made a lower low and has a more impressive accumulation range.
Still the short term bull flag is similar and the play similar. Break below this zone = GTFO. Otherwise it may be a fun ride.
2019 lateral movement in fibo channel 0.25 - 0.618Presumably, the trend reversal will occur in early 2020
The markup turned out to be quite complicated The markup turned out to be quite complicated, but Y = 0.5 * W, = 0.5 * , and both indicate a level of 0.0021
SC - has a double bottom formed? By no means am I a professional technical trader but keen to learn so any constructive comments are always welcome, So this is my first idea.
SIA-
I have been following this project for quite some time. It appears that a lot of accumulation has been happening (or bag loading). There are many contributors to this project, which has a working product with important developments coming in 2019. It probably fair to say a elements of the core development team have been distracted with the creation of the ASIC mining company obelisk. Some might criticize the decision to get involved in developing hardware but recent attacks on some coins may yet prove the team has been prudent. The team openly acknowledge the conflict they have in creating hardware that runs on the network and have taken some steps to remove themselves from this conflict.
blog.sia.tech
SIA hard forked Bitmain and Innosilican miners off the network by resetting the POW algorithm last year (blog.sia.tech).
Things appear to have settled down and the devs appear to be focused on the next release.
With regards to the chart, I know there isn't much there by way of FIBS and pitchforks but it does look like a double bottom has formed - Onwards and upwards from here (maybe). Longer term the block reward is declining fast and will settle at around 30k per block in 2020. This will mean anyone that is mining it then, if they want to make a return will unlikely sell the token unless it covers the cost of their mining operations. (siastats.info). Interestingly SIA hosts burn coins when using the storage product, so the more people use storage the more "burn" so if SIA usage grows the price will rise. This is more of a long term investment in my view.
for disclosure: I own several Obelisk ASICs
SCUSD Upside-Down Chart For PerspectiveUpside-Down Charts can give more perspective especially if you are biased.
This chart is telling me that a previous strongly tested support aswell as when it was resistance has been broken to the upside but has not went back down to test it again to ensure it´s stability. Since previous price action has proven the Green Support/Resistance line to be very important gives me reason to believe that price will not move forward without re-testing it first.
Make your choice.
Siacoin - BounceRemember: Support and resistance are zones.
Siacoin's ascending triangle is still valid. Hidden bullish divergence has been formed on the RSI.
Buy & sell positions in our crypto signal scanner (comment).
Siacoin - Break that triangleSiacoin formed hidden bullish divergence. This can lead to a breakout of the ascending triangle.
Buy & sell positions in our crypto signal scanner (comment).
Siacoin - Time to buySiacoin formed a falling wedge and an ascending triangle. These patterns are both bullish patterns.
The volume is also decreasing which means that the sellers are losing steam.
We can expect a bounce soon of the support line.
Buy & sell positions in our crypto signal scanner (comment).
Siacoin... Jump to the next Fibonacci level.Siacoin may jump to the next Fibonacci level after finding a new
resistance. As you know this 2018 is being hard for all cryptos, but
let's keep working.
This is the goal for Siacoin this year: sia.tech
