Siacoin / Bitcoin
Long
Updated

Descending Wedge, news in post. Good profit.

690
Descending wedge formation and bounce off of support level at 62 satoshi/.382 retracement level.

Big news that not many know about yet: forum.sia.tech/topic/774/sia-v1-0-3-rc3

We dumped initially because the product was broken. This update restores functionality (first update in 3 months), and has been demonstrated to store 100GB files on the blockchain.

Potential for much more upside than target. 1.618 fib extension at 284. This would be the final target.
Note
Release has been confirmed for Tuesday the 25th via SC slack.
Note
Check out cloud28plus.eu/content/Minebox---Next-Generation-Cooperative-Storage-Powered-by-Blockchain?extId&caid

minebox.io
Dedicated decentralized storage hardware designed for sia to be released Jan 2017
Note
Well, BTC... what else do i need to say. We are breaking back in to the bottom of the wedge, which is good news for sc.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.