$SC/#USDT [#Siacoin]: ResistanceBreakout+ConfirmationWe've detected a Resistance Breakout and Confirmation on the $SC/$USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. We may consider buying at the current price zone and targetting higher level.
SCUSDT trade ideas
Siacoin (SC) formed a bullish Gartley for upto 57% pumpHi dear friends, hope you are well, and welcome to the new update on Siacoin (SC) with US Dollar pair.
Previously we had a nice trade of SC .
Now on a 4-hr time frame, SC has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
SCUSDT#SCUSDT
we have falling wedge pattern and powerful support zone in 10/2020 price flew from this powerful support zone to 2240% i expect the price will fly to the target at the chart and
will pump following Bitcoin ( BTCUSD ) dont's miss up this opportunity buy and hold it to the next targets at the chart MACD is showing bullish RSI showing bullish EMAs is neutral Ichimoku cloud is bullish Parabolic SAR is neutral Accumulation distribution is bullish Fib retracement is showing bullish ZELMA is showing uptrend-move Awesome oscillator in neutral
Siacoin Prepares To Pullback (185% Target Mapped)After 5 weeks of consolidation Siacoin vs Tether (SCUSDT) is preparing for a pullback.
This is marked with a black arrow.
Notice the trading volume has gone to basically zero compared to last year.
As the volume dries out the market trend can start to change.
We can also see the RSI hitting a low and starting to curve upwards...
This weeks candle is about to close in a Dragonly Doji, another strong reversal signal.
This comes after a -9 on the TD Sequential...
All these are bullish signals after a new low is hit/support.
Reversals can only happen at support.
So when the chart is super bearish;
When the market sentiment is super low;
That's when the market turns and grows.
Namaste.
SiaCoin SCUSDT - Breaking out! Falling wedge + Triangle- On the daily chart we can spot a falling wedge - bullish reversal pattern that is currently breaking out!
- Also we can see a local ascending triangle, also a reversal pattern.
- As per my Elliott Wave analysis, this impulse wave should be completed successfully.
- Now I am expecting a retracement to 0.618 FIB + previous swing low from February.
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
SC Breaking Out from its rangeSC or Siacoin is currently attempting to break the upper range + the 0.236 Fib. The current breakout candle has a massive volume spike, and RSI is diverging from the price in the past few days.
If it successfully breaks out, the first good TP will be 0.43 area, where the 0.382 Fib and the previous lower high sits.
Remember to do your analysis first
SCUSDT needs to create a new Higher highThe price bounced exactly on 1.618 Fibonacci Extension and now the market is testing the 4h resistance on 0.382 Fibonacci level.
The price needs to create a new bullish impulse on 0.006$ and create a new Higher High.
How to approach?
If the price is going to have a breakout from it, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
I'm very bullish on siacoin*Not financial advise*
This is the time to start stacking the cryptos you believe in long term. Look at the psychology of market cycles and study it.
I'm very bullish on siacoin as it solves real world problems; siacoin aims to provide decentralized storage. Check out their white paper!
Everyone needs storage and if you believe in NFTs, you best believe the cloud storage sector will boom when they become the norm.
Drop a comment on what you think! open to ideas :)