Siacoin (SC) is one of the oldest altcoins in the market and one that has giving us good money many times in the past. After months of market wide bear action, we are moving into a new wave. A wave up that can easily push Siacoin into 4x up or more. Let's take a look at some of the signals, quickly and move on to a trade.
Charts, signals and indicators for SCBTC by Alan Masters
Let's take a look at the daily chart:
- We broke the descending channel, as well as EMA10 and now trading safely above it. - Volume was great yesterday. The biggest trading volume in 24 hours since June. - We have a bullish crossover on the MACD and going into bullish zone. - Long term bullish divergence on the MACD for Siacoin (SCBTC) is another positive signal.
Trade instructions for Alan Masters Trades supporters
Buy in: 95-105
Targets for Alan Masters Trades followers
(1) 130 (2) 175 (3) 200
Stop loss: Close below 82 on the weekly time frame.
THE GOOD MORNING WIND
Nature calls me for a walk. I am happy to apply.
There are trees everywhere, you can see all the birds fly.
I enjoy the the view of the sky...
The river communicates with us in many different ways.
The good morning wind...
It inspires me everyday!
Namaste.
Trade active
Note
Good opportunity buy coming up... Remember to use a stop loss.
Trade active
For this asking for updates... This trade is active.
You can trade according to trade instructions.
* You can buy within buy in range or anytime above stop loss. * If weekly candle closes below stop loss, you can close the trade. * Wait until we start to hit our targets. * Sell on target.
* Next support is 68 satoshis. If stop loss is hit, you can buy back in at this level.
That's all it takes.
Thanks a lot for the continued support.
Namaste.
Note
Good volume building up on the daily... Looks like Siacoin (SCBTC) is getting ready for another push up!
Trade active
Siacoin (SCBTC) is waking up.
Patience is key!
Feel free to buy in, rebuy and reload.
Note
We are now moving up again. If you bought in or reloaded on 21st September, you should be looking at some good gains. Up to 20%.
Note
We are now trading above EMA50 for the first time since early June. This is a bullish development. A strong bottom is being formed...
More stats:
Note
And now we are moving positive.
Note
Siacoin (SCBTC) has now created a higher high since the 14th August low, and is doing really good volume.
This is a great signal for Siacoin and for the overall altcoins market as well. If we were to continue on a bear run, then we would not be creating a higher high.
Here is the chart:
Note
I will be posting updates here:
Trade active
We are back within buy in range. Feel free to buy in, rebuy and reload.
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