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SCUSDT trade ideas

Siacoin (SCUSDT) Moves Ahead! (190% Potential)Siacoin (SCUSDT) is showing a good chart that can lead to additional growth. Here we are looking at Siacoin vs Tether. Today prices are moving above MA200 and this candle is about to close above this level... This can turn into a strong bullish signal. With very strong indicators, MACD and RSI, we can say that this one is looking really good. The potential is there for higher prices... But, make sure to prepare in case it drops and the chart change. Always be prepared for both scenarios. Make sure to have a plan set before you trade. Use a stop-loss... And make sure to ENJOY THE PROFITS. This is not financial advice. Namaste.
Long
by AlanSantana
4
SIA - Our Favorite Chart at This StageThe SIA coin chart looks bullish to us and just over support but far away from the projected resistance/target. We have covered this twice before but if you need to know what is SIA coin : Siacoin (SC) – one of the biggest P2P cloud storage platforms with a marketplace for cloud services. Siacoin (SC) is a peer-to-peer (P2P) blockchain-based network that functions as decentralized cloud storage. It depends on network participants to provide storage services and rent excess bandwidth for Siacoin users as well as consumers. Siacoin users and network participants have the opportunity to rent storage space from one another in the Siacoin community. This option provides a more cheaper and efficient option when compared with centralized cloud storage providers. Sia has a network capacity of over 2 petabytes (which is approximately 2,256 terabytes), as of 2020. It also has roughly 333 node operators actively securing the network. As of July of 2021, Siacoin hosts about 766 terabytes of files. Siacoin Team and Development David Vodrick and Luke Champine founded Siacoin back in 2013. At that time, both the developers were students of computer science at the Rensselaer Polytechnic Institute in New York. The duo first conceived the idea for a decentralized file storage network at a hackathon that took place at MIT in 2013. The following year, David and Luke established Nebulous Inc., backed by $750,000 in funding from financiers such as Xiaolai Li and Procyon Ventures. Before working on Sia, David Vorick had previously worked on projects like the Bitcoin Core, which is the major software used by nodes on the Bitcoin network. Asides from David Vorick and Luke Champine, who are still actively participating in this project, several other developers and executives have joined their team. Sia’s public beta first launched in March 2015, and the launching of its live network came in June that same year. Since that launch, Sia’s team has been successful in raising approximately $6.4 million. Raptors Group, First Star Ventures, Fenbushi Capital, and INBlockchain back Nebulous financially. CHECK OUR previous ideas below AND SEE HOW NICELY WE HAD DONE WITH THIS COIN BEFORE: One Love, the FXPROFESSOR
Long
by FX_Professor
4
SCUSDT Perfect CwH Pattern | 215% Move ExpectedSCUSDT Perfect CwH Pattern | 215% Move Expected SC has been trading below 0.020282 since May 26, 2021, and tried to break that price on June 5, 2021, and August 1, 2021, but failed after creating triple tops. Now we can see that a very strong trend reversal pattern (Cup with Handle) is formed and the market is again trying to break 0.020282. I am expecting a 200% move from the current position if we see a successful breakout. I have explained everything in the chart and here you can read price points. Entry: 0.020282 TP1: 0.027660 TP2: 0.033414 TP3: 0.040349 TP4: 0.047432 TP5: 0.053776 Final Target: 0.063810 SL: 0.015265 Net ROI: 190% 215% Trade Risk: 25% Exchange: Binance Do not use more than 10% risk of your account. NOTE: Educational Purpose. Do your own analysis. Do proper risk and money management. Respect your stop loss. Spot Trading only. I will not be responsible for any of your losses.
Long
by unitsol
3
Siacoin Pushes the LimitSiacoin pushes the limit. If it continues past TR-R to the 1.0 Fibonacci, we can expect a continued advance to .272 and beyond. Preliminary Entrance: .0186 Do you like big wins and big money? Do you have strong hands and patience? I'm a full-time Wyckoffian VSA crypto swing trader (since 2017) and regularly seek out the most lucrative swings available on all the major exchanges. My win rates are between 80-85%. Follow me on TradingView and see for yourself. All my charts are clean, straightforward and easy to follow. No junk, no needless indicators, just solid volume spread analysis with simple 'take-the-money-and-run' Fibonacci target zones. Good luck and safe trading! ** Not financial advice. Please trade at your own risk.
Long
by jalapablo
3
Siacoin (SC) A Big Bullish SetupDown channel: The price action of the Sia coin is moving in a down channel since 19th May 2021. It can be easily observed that the priceline is making more attempts to break out the resistance of the channel than breaking down the support. It can be also noticed that after hitting the resistance on 7th July 2021 the price action of Sia cryptocurrency did not reach the support of this down channel. If we take a look at the Bollinger bands then we can understand the reason, why the price line is not moving towards the downside. The reason is that the candlesticks are having the support of the lower banks of the Bollinger bands. The Bollinger bands is also squeezed which is a signal for a big move soon. Support and resistance levels and SMAs: On the weekly time frame chart, we can see the major support and resistance levels. There is a very strong key level support at point $0.009 and while testing this support at the same time the price line is also having the very strong support of 50 weekly simple moving average as well. The next resistance is at $0.015 and then we have key level resistance at $0.02 because after breaking out this resistance there is no significant resistance between the highest price 2 cents. There is also 25 weekly SMA at $0.02 resistance level. Big Fibonacci based harmonic BAT pattern: On the weekly time frame chart, the price line of SC has formed a big bullish BAT. There is also 50 simple moving average support in the buying zone. The buying zone as per the Fibonacci sequence of the bullish BAT can be as below: Buy between: $0.0158 to $0.00975 Sell between: $0.0303 to $0.0523 The maximum extent of the buying zone $0.00975 can be used as stop loss. As per the above targets, this trade has a profit possibility of up to 430%, and the loss possibility is 38%. However, at this time the loss ratio will be very low, because the priceline is already moving at the end of the potential reversal zone. Conclusion: The above move shows that the Sia coin can be more bullish than other top cryptocurrencies like Bitcoin, Ethereum, Binance coin, and others as well.
Long
by moon333