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Scbbtc

SC / BTC Local uptrend channel. Former idea + 130%Accumulation channel . Step 130%. There is a local uptrend that is developing. Entrance and target. Price approached tight channel resistance. A breakthrough of it and consolidation above resistance can reverse the trend and, first of all, work out the target levels (zones) of the concave bottom (towards resistance). If the price cannot overcome the resistance of the accumulation channel, then the local uptrend will break, perhaps sideways movement will begin in the zone of resistance of the channel. If the trend finally unfolds, then trade in a horizontal channel with a step of 130%. An ideal entry point in such cases would be entry from the bottom of the channel when confirming support. Stop loss Set Stop Loss value with calculation of your trading strategy and money management. Stop Loss percentage should be adequate. What matters is not the Stop Loss value itself, but the entry point and your system of work. The previous trading idea of ​​this coin that made a profit very bistro + 130% SC / BTC Locale Level. minimum downward wedge Pivot Points. + 130% to the reversal of the local trend from the entry point Trading idea for SC / USDT SC / USD (Siacoin) Dragon. Price at the trend fracture zone. + 105% Sniper accuracy millimeter to millimeter in the specified area. Pay attention when he published trading ideas and when this local growth began. Compare this with my view of the training / trading / growth indicator alt. Also make an analogy now. TRAINING BTC% dominance. When is the season of pumps? The Dragon. ABCD template. The strongest faith in trading is faith in the power of your wallet.
by SpartaBTC
6
SIAcoin, the phenix who didn't dieWhere most of the projects would have give up, if they had been going through crisis such has the one SC have been through in Q3 2017, the Sia project keep going and is was up 997% since lowest 2017 until the correction from this week that all cryptos have been through, (-43% for SC) and still up 772%. This resilience prove a strong will to outperform their peer. What have driven my analysis here is the recent publication from Bitmain to support the SC mining and to deliver the A3 Miner. This has push a wave of talk on Reddit, Blogs, Telegram, etc. and give interest to people who were doubtful of it. The delivery of those should be planed next week as the last of them (currently SOLD OUT) was shipped. This is set the clearly augment the difficulty of mining. Some says this should increase it up to 900%. Therefore, I expect those miners to refuse to sell at a lower price as the electricity, and his cost, required to mine would give them a low / negative return. This hodl will lower the sell side while the buy side should keep rising due to interest in the coin and his recent media attraction. If we get back to the graph analysis, we clearly that the 428 resistance was breached before the correction, but reappear during the rebound. The current volume is to low to breached again. The out performance from SC over BTC could be due to the low traded volume but can also be a sign of a clear potential of Siacoin. We can also see that the regression trend slightly differs from the trend base on lowest trade during the period. This could indicate either an actual overpricing which could led to a fuliginous correction, or the announcement of a exponential rise rather than a linear rise. To conclude, I would like to draw your attention to the reaction from Obelisk and Sia founder : “Bitmain has a long history of being abusive towards coin communities, their customers and towards coin developers. We prepared for something like this by adding an extra feature to the SC1. We can do a soft fork that slightly changes the PoW algorithm which would invalidate the Bitmain ASICs, but allow the SC1 units to continue working. In the event of an attack from Bitmain, we can activate this soft fork.” “At this time, I do not think it is necessary, but if they start mining empty blocks or otherwise prove problematic for the network, we have recourse that does not involve destroying the usefulness of the SC1 units. This fork would, of course, require community adoption, it's not something the devs could decide to activate on their own. It would be a UASF because the majority hashrate would not be standing behind the soft fork.” This uncertainty is a factor that no one should ignore... Analysis done by The Foil 20.01.2018 12:20 CET ---- Disclaimer: The content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. I write for analyzing, learning & discussing general and generic information related to investments and strategies. No content on the site constitutes - or should be understood as constituting - a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in our site content. I do not provide personalized recommendations or views as to whether a stock or investment approach is suited to the financial needs of a specific individual.
by TheFoil
4