30 cents is a reasonable price range for Siacoin to reach this coming cycle. We had an approximately 85% correction from the high in April. We saw the same type of correction from June to November 2017. Next rally up will probably be around 1500% from where we are right now. There are lots of people saying this is some super cycle and the rising won't stop, it's...
This is one of the most bearish signs you can see and it's so easy to spot that lots of people choose to ignore it. Nio is very likely going to come down in the range of 10 to 15 dollars. Since this has the same sentiment as a meme stock i won't try to trade it short. It's more a warning for bullish people that they could get rekt big time. Especially when...
I keep noticing siacoin loves to move in ascending triangles. These triangles are confirmed by declining volume during the formation. Every triangle the amount of volume gets bigger and bigger. I therefore think the next move up could be a big one where we surpass our all time high. This will happen probably before the end of may. So i'll keep hodling!
I've gotta say, i was starting to worry a little bit we might have seen the top for a while. But when looking at the bigger picture we see that we are set to bounce off the 0.03 cent level If you look at the orange arrows you can see we've been here before, we're retesting previous resistance and bouncing off the 50daily moving average. The retest we're seeing...
Inverted H&S, upward pointing triangle and massive fractal. Follow the sia team on discord, youtube and reddit. Learn about this project and see how active the community is. There are so many projects that are just hype and marketing that have way higher market caps than Siacoin. This really baffles me, all i know is that this is my top holding and will be for...
i think we will see a few more day's of shaking out weak hands. This is very heavy resistance we're at right now. During the previous bull market we saw huge volume with this area acting as support and resistance so there are a lot of bag holders that needs to be shaken out before we can go up higher. First target should be around 0.025 possibly 0.03 then we...
marked the chart what my play will be. I'll short with leverage if i can see a candle close below the wedge.
Anyone got any ideas? it looks kinda similar to me..
Hi there, This is my vision on XRP if the bulls can overtake the bears in the coming weeks. On the daily XRP is forming a bull flag with an ascending triangle and it's been finding support on the 200 daily. If it is to break out we will probably go above the previous high. Now volume is important to give it momentum, xRapid adoption or speculation might cause...
Head and shoulders + bear flag on the hourly xrp chart. If some good new comes out of SWELL we might see a nice bounce on the 200ema, also depends on what BTC is going to do. Correct me if you think i'm wrong.
XRP isn't done yet as it seems. Nice bull flag with 20% profit potential. I already bought at 0.26 but thinking of strengthening my position right now. Any ideas on this? i'm a novice so feedback is most welcome.
I'm learning to trade to forgive me if i'm totally wrong. To me this seems like a falling wedge, all the signs seem to point toward it. Oktober has been a month where bitcoin turns around so i'm hoping to see this happen around 15th of oktober. Also if we make one more lower low there will be a lot of shorting going on which can trigger a massive short squeeze...
If anyone has an idea i'd like to hear it :)
Hey there, I did an analysis earlier on siacoin calling a breakout of an inverted head and shoulders pattern.. I now believe i was looking at it the wrong way, i saw the final rise of the head as the breakout of the pattern. Now looking at it, it seems more logical that the right shoulder is just starting to form. For the pattern to be confirmed we need to...
Hi there! I spotted this inverted H&S pattern on siacoin/usd, breakout seems to be confirmed by the volume accompanied with it. I'm still learning so feedback is appreciated
As i explained in my last analysis i was worried about the lack of volume during the ascend of the right shoulder and the breakout. Because there was no volume the H&S bottom didn't finish. What we need to see now is another breakout above the dotted green line accompanied by a lot of volume. I'm still learning TA so advice, feedback, comments are welcome. Thanks
Hi there, First of all, i'm not experienced. I'm a newbie when it comes to TA so feedback is welcome and appreciated. While researching the inverted H&S pattern i've read that volume increase is important on the advance of the right shoulder, since we're not seeing this i'm kinda worried this might be a false breakout. So lets hope we see some volume in the...
I've noticed a big cup and handle in the SNMBTC chart. Possibly moon? I'm not a professional so feedback is much appreciated!