Hey every one , today i like to represent to you the coin of the month .
techniacal analysis .
sia coin has breaked the support formed buy 50 and 100 ema then have retrace which might give us a very very very good entry point , all indicators are turning up ,reached a strong fibonacci levels .
fundemental analysis .
Siacoin is basically dubbed as a decentralized storage coin that will compete with cloud storages like Amazon, Dropbox and other similar businesses.
How it works is that you need a certain number of Siacoin to use the service and you can also rent out storage space to others for a certain fee. As the coins are limited, perhaps the value may still go up.
Decentralized storage is also safer in a sense that hackers can’t hack everyone’s storage like they can with a centralized system like Dropbox. That’s simply the beauty of decentralization.
upcoming events .
hard fork at the end of the month .
SC1 ASIC Miner Released at the end of june .
very active team and we might expect a lot of announcements .
i will update every target and we wil try to catch the top .
a will be updating this coin until 23 January after that you are free to hold or sell
be updated for more .
best wishes and always remember , D-shadow is in your side , best wishes .