SCUSDT trade ideas
#SC/USDT - Long - Potential 14.87%#SC/USDT - Long - Potential 14.87%
Strategy: Long
Exchange: Multi-Exchange
Account: Spot
Entry mode: DCA Limit
Invest: 7.53%
Exit:
โข โฟ Target 2 : 0.00478 13.27%
โข โฟ Target 1 : 0.0045 6.64%
DCA Entries
โข โฟ Entry : 0.00422 - 100%
โข โฟ Current market price: 0.00422
Stop: 0.00394 (-6.64%)
Technical indicators:
โข โฟ 24h Volume: 3791580.97717
โข โฟ Satoshis: 0.00422
โ
Falling wedge breakout, BTC had a little pump yesterday on good PCE data, expect alts to catch up through the weekend.
Trade: SCUSDT 01/04/2023 12:01
Account: SPOT
Volume last 24h: 3791580.98 USDT
SC is bullish if... SC has two falling wedge patterns now on the weekly, one of them has already breakout from it and the bigger pattern is still pending.
The goals could take long time to be achieved, so patience is a main key here
If it hits the SL make sure to set alarm near the blue area at the bottom for long entry
All the best insha Allah!
Siacoin Also Bullish (Name Your Altcoin #57)Let's finish what we started.
Ever since the 8th of February Siacoin (SCUSDT) has been undergoing a retrace.
What's the difference between a retrace and a correction?
- I call it a retrace if it is short in duration and the price remains strong.
- Correction if it goes for long and the price drops below 0.618 Fib. retracement.
It doesn't make much difference as both terms are referring to prices moving lower before the initial move is resumed.
Siacoin is bullish.
The initial low happened in late December but then we have a scam wick in early Feb., this happened on this exchange and is not something that can be found across the entire market.
This wick 4-Feb. is used to activate those stop orders sitting there for weeks or months.
We only use manual stop-loss and thus we cannot become victims of this type of manipulation move.
The retrace should go for a few more days or for as long as the market needs or wants, once this phase is over, we will experience the next bullish jump.
The resistance levels (potential targets) can be found on the chart.
Namaste.
EHAT A HOLDING OF 0.00495 NOW SUPPORT#SCUSDT... So market exect hold your daily area in 4 hours chart and drop...
It was our major key resistence 0.00495 and market didnot clear it so far...
Now market at his supporting level 0.00429 that is market first supporting area and 2nf supporting area is mentioned on chart ...
Trade wisely
Good luck ..
Siacoin - Filecoin's nemesis?? When is the best price to enter?For those who do not already know about this coin, it could be worth looking into.With a market cap of $665,700,000 at the point of publishing this piece some would say it will be hard to do anything amazing. We beg to differ as even if it doesn't go on to do amazing numbers in times to come, it is definitely a coin we can get some X's off of.
The use case is pretty much the same as that of File but it is a cheaper proposition both in cost to use it to store information as well as price of coin.
This one could be a longer shot and could take longer to reward us but $665m market cap (SIA) VS $4.4bn (FIL) and $0.13 (SIA) VS $30 (FIL) make it quite an easy choice if you have to pick between the 2 for investment purposes. Nonetheless there are opportunities on both to make some dollar.
Without the full commentary on this one we are bullish on Siacoin already and if it can come down to our $0.033-$0.04 buy limits they will trigger big buys.(Green Vectors down there)
We are waiting for triggers on this one
We are looking at:
E: $0.033-0.04 range
T: 5X, 10X, 20X, 50X, 100X
SL: Common Sense
This is not financial advice and should be taken with a pinch of salt
SCusdt Rdy for pumpSc is rdy for pump buy on entryPoint
can buy sooner but i think little correctin and remember thistargets and all line is area better you little change for take that better gL
EntryPoint
0.00422
0.00367
Supports:
0.00307
0.00280
0.00245
0.00190
Resistances:
0.00472
0.00510
Targets:
0.00570
0.00655
0.00750
0.00918
0.01183
Midtime:
0.01630
0.01930
0.02450
HODL:
0.03850
0.05300
0.07985
GL