SCUSDT 3 OF 3Hello traders, after a deeper analysis of SCUSDT, I have come to the conclusion my prior count was incorrect - we're in the third wave and more positive is it is the 3 of 3 - the most explosive thrust. I have projections of Elliot fractals with a mixture of Wyckoff schematics. Good luck!
SCUSDT trade ideas
SCUSDTSCUSDT just had a 80% pump up.
There might be still some room up but first we're gonna need to test a strong resistance.
The price might come lower until touching a static support area or might even get some support by the Middle Band, but don't panic.
If you're looking for opening a long position, wait until the price breaks the resistance area and take a fast profit.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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SC, Siacoin is very good alt from our golden list. Buy & hold 🚀At the beginning we want to congratulate everyone who is playing with our long-term strategy and made with as almost x3 (in btc) with Siacoin! 🚀
Siacoin is very good project, we believe that it can be one of the best altcoins in this bullrun. Top 100, great foundations and low token price - it is just matter of time when this coin will explode even more. 30% in last 24h it is just a beginning.
What we are doing now?
We are still holding our huge package of SC.
Is it still good time to buy?
We believe that Siacoin will go higher in long-term. But you must remember that diversification is the key to success - our strategy says to keep small % of your money in all altcoins from our golden list. Thanks to this strategy if one or even few altcoins will not grow up as much as we wanted we have still many many good altcoins which make profits. We suggest you to use our long-term strategy and buy all coins from our list but with very small amount for every coin - not big amount in 2-3 coins, because if one of these 3 coins would fail you would fail with 1/3. With our strategy if one coin fail you would fail just in 1/40. After 8 years in cryptocurrency market we know all these things and we are really happy that we can share them on our website and here on this beautiful platform - on tradingview.
Remember it is better to learn from the mistakes of others than from your own!
Siacoin also has one significant drawback - it cannot be kept on a ledger or other popular wallets such as exodus or atomic wallet. You can only keep it on the Siacoin wallet, which is a very lame wallet and requires a 30GB download to your hard drive...
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
SIACOIN make a retracement first before BullishWe can see that SIACOIN just made a big move upward. After the upward movement, SIACOIN makes some retracements, in one of the retracements, SIACOIN breaks a support line. It can be expected that SIACOIN will go down first before continuing the bullish run. But it is tentative because as you can see SIACOIN makes a triangle, so it can continue to go up or make some price adjustment first before flying. That's all from me.
Siacoin Wants To Be A 5 Cent CoinSiacoin has had some big, measured moves up recently, currently down 33% from ATH, but has held the 61.8% fib line as strong support (previously resistance). Also if you look at the Stoch RSI, every time in the past two months it has been this oversold, SC has rallied pretty hard upwards. The RSI is also well above the last two trend reversals, so that's positive. This is all highly dependant on BTC, but I expect a move towards 5 cents in the next few weeks.
SCUSDT Daily log scale chartWaiting for trend line to break and hold above it then entering long (in log scale chart)
RSI showing hidden divergence and price react to 0.618 fib retracement and support
Siacoin ( SC ) is the native utility token of Sia , a blockchain-based distributed, decentralized cloud storage platform. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space.
The top 82 cryptocurrency on coinmarketcap.com