Siacoin (SC) - potential bottom + EASY 60-300% PROFIT.Fundamentally:
Siacoin has been listed on Binance - there were talks of this in December but the CEO stated that he did not like Binance's T&Cs as SC wants to stay as decentralised as possible. However, due to binance wanting to create more decentralisation, SC has now been listed. SC also has very strong fundamentals.
Analysis:
As you can see on the chart we are in the accumulation zone. Volumes will increase dramatically due to the binance listing. As BTC consolidates at 6.6k before a potential further movement up to 6.9k, we will see altcoins move up. Siacoin has HUGE profit potentials.
MACD supports further upwards movement with a potential bullish crossover as does the stoch RSI.
When SC runs upwards it runs up VERY quickly.
Buy in price: 200-220 satoshis, can buy in at higher prices if BTC doesn't drop dramatically.
Stop loss: 190 satoshis.
You can take profits in the yellow box, I would recommend taking a percentage of your profits and waiting for the triangle to break, if we break upwards then we can begin to see close to ATHs which is 300%+ PROFITS.
SCBTC
SCBTC Bittrex 1D up to 14JUN18 Crypto Trading Analysis (TA)BITTREX:SCBTC
1D Chart, also works in 4H, at this time SIACOIN (SC) is testing the SUPPORT ZONE (0.00000185 BTC) by third time since May 28, gaining strength to increase its price. The 50, 100, 200 MA 100/200 days signals plus MACD Indicator ones are in convergent movement (YELLOW ARROWS), the Volume is increasing, and the RSI Index is in Bearish after touching the 36.7 mark (GREEN ARROW), we could spect the SC price to move UPwards in the next hours. But remember, this is our optimistic approach, keep in mind that is plenty of possibilities to witness a reverse from any point at any time. At this time the Market Cap is in the 270 Billions Band and the BTC is traying to push over $6.3K. Good Luck!
1D Chart, también funciona en 4H, en este momento SIACOIN (SC) está probando la ZONA DE APOYO (0.00000185 BTC) por tercera vez desde el 28 de mayo, ganando fuerza para aumentar su precio. El Indicador 50, 100, 200 MA sus señales de 100/200 días más el Indicador MACD están en movimiento convergente (FLECHAS AMARILLAS), el Volumen está aumentando y el Índice RSI está en Bearish después de tocar la marca 36.7 (FLECHA VERDE), podríamos especular que el precio de SC pueda moverse hacia ARRIBA en las próximas horas. Pero recuerde, este es nuestro enfoque optimista, tenga en cuenta que hay muchas posibilidades de presenciar un retroceso desde cualquier punto en cualquier momento. En este momento, Market Cap está en la Banda de los 270 mil millones y el BTC está tratando de superar los $6.3K. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
Binance lists SCCoin of the day is Siacoin.
As always, listing on the new exchanges drags our attention by huge movements.
To recall, Sia is a decentralized data storage platform based on the blockchain technology. The Sia Storage Platform leverages underutilized hard drive capacity around the participants of the network to create a data storage marketplace that is more reliable and lower cost than traditional cloud storage providers. The goal of the company is to provide a decentralized cloud storage option that competes with centralized legacy competitors such as DropBox, Amazon, Apple, and Microsoft.
Latest news
The coin showed growth attempt on 11.06, as we know this was a date of listing on the OKex. Though, did not manage to breakthrough 100-days EMA.
Today Binance announced about listing:
“Binance will open trading for SC/BNB, SC/BTC and SC/ETH trading pairs at 2018/06/14 11:00 AM (UTC). Users can now start depositing SC in preparation for trading.”
Technicals
After Listing announcement SCBTC jumped rapidly from the Bullish Trend Line, restoring all the past losses. Growth wave crossed Bearish Trend Lines, 100-days EMA and now aiming for the strong resistance zone 0.0000024 – 0.0000025. As we know, the pattern which occurs during the coins listing almost always acts the same, and as soon as arbitrageurs equal the prices, there will be a noticeable retrace. As we are close to the strong resistance area, and already saw almost 30% growth, that moment could happen soon. Nonetheless, overall effect from the listing should be positive, since this will greatly increase the inflow of capital. So, if you believe that this rally will go much higher, be aware of 0.0000024 – 0.0000025 zone, if SCBTC will cross it easily, like other levels – there is a chance to reach much higher. Otherwise, it is better to wait for the correction, and than buy-in, support levels for the correction are 100-days EMA and 0.000002 – 0.0000021 zone.
Blackbox buy signal Siacoin/BitcoinBuy signal generated Siacoin/Bitcoin BITTREX:SCBTC at 0.00000235. The Blackbox algorithm has a 50% chance of winning with a risk-to-reward ratio of 1:5 or better based on historical results in 100 coins and more than 400 historical signals.
The Blackbox is derived from 15 years experience from institutional trading in currency and futures trading and tweaked to harness the volability of cryptocurrencies. The algorithm is a proprietary, rule-based algorithm that generates buying and selling signals in cryptocurrencies for institutional finance and professional investors.
Exit signal will be posted by noon UCT time the day of exit. The average trade is 32 days.
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There is a trading opportunity to buy in Siacoin Ethereum ...Technical analysis:
. SIACOIN/ETHEREUM is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
. The price is in a range bound, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0000245 to 0.0000208). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000245)
Ending of entry zone (0.0000208)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00003030
TP2= @ 0.00003252
TP3= @ 0.00003715
TP4= @ 0.00004444
TP5= @ 0.00005110
TP6= @ 0.00009500
TP7= Free
There is a trading opportunity to buy in Siacoin Ethereum ...Technical analysis:
. SIACOIN/ETHEREUM is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
. The price is in a range bound, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0000245 to 0.0000208). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000245)
Ending of entry zone (0.0000208)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00003030
TP2= @ 0.00003252
TP3= @ 0.00003715
TP4= @ 0.00004444
TP5= @ 0.00005110
TP6= @ 0.00009500
TP7= Free
There is a trading opportunity to buy in Siacoin Bitcoin ...Technical analysis:
. SIACOIN/BITCOIN is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Trading suggestion:
. The price is in a range bound, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.00000185 to 0.00000157). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000185)
Ending of entry zone (0.00000157)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000239
TP2= @ 0.00000264
TP3= @ 0.00000319
TP4= @ 0.00000393
TP5= @ 0.00000453
TP6= @ 0.00000745
TP7= Free
There is a trading opportunity to buy in Siacoin Bitcoin ...Technical analysis:
. SIACOIN/BITCOIN is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Trading suggestion:
. The price is in a range bound, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.00000185 to 0.00000157). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000185)
Ending of entry zone (0.00000157)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000239
TP2= @ 0.00000264
TP3= @ 0.00000319
TP4= @ 0.00000393
TP5= @ 0.00000453
TP6= @ 0.00000745
TP7= Free
SiaCoin is Ready to Breakout !!SCBTC is now at the bottom of the neckline. The price action is touches 3 times at the resistance trendline..
Resistance trendline is confirmed.
Its time for the breakout ..
If it Successfully break this resistance trendline, then we see a bullish rally towards all time high..
Technically,
MACD crossover found , which is a bullish signal.
RSI Oversold zone with divergence, which is another bullish sign.
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Disclaimer:
I am not a financial advisor. Please do your own due diligence when it comes to investing. Never put in money that you cannot afford to lose.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
" Be Happy, Be Disciplined & Keep Smiling "
Siacoin (SC) Another Run (150% Profits Potential)Siacoin (SC) is always easy to trade and very profitable to us. Here goes another run.
Very easy. Buy, hold and sell when you are in profits.
Siacoin (SC) Trade by Alan Masters
TRADE INSTRUCTIONS
Buy in: Up to 230
SC Targets:
(1) 242
(2) 277
(3) 305
(4) 333
(5) 373
(6) 425
(7) 550
(8) 630
Stop loss: 180
Namaste.
SIA COIN: VIDEO STREAMING & OKEX LISTING - PROFIT = 30.48% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 30.48% PROFIT!!!
The increase in price may also be explained by positive developments including:
March 6: Siacoin is trading on Bitbns (an Indian Exchange).
March 9: Ansible-role-sia tool is released. This allows you to run an unattended install of SiaTechHQ to a Linux server (this automates everything, including blockchain sync and wallet initialization).
March 15: Sia version 1.3.2 increasing download speeds, other improvements and other bug fixes.
April 23 : Siafunds Tokenized Securities Offering ( TSO 0.00% ) raises $1.5 million which are treated as financial securities. These securities have been filed with the SEC.
April 24 : Bittrex (cryptocurrency exchange) adds Siacoin.
April 26 : Upbit one of the largest cryptocurrency South Korean exchanges adds Siacoin.
(NEW) April 27: Bittrex adds a USDT trading pair for Siacoin.
(NEW) May 8: Sia Tech announces their SEC filing for their Siafunds TSO.
(NEW) June 7: Siacoin announces Okex listing over the next few days.
(NEW) June 8: Sia v1.3.3 is released. It introduces the ability to stream video (over local network).
(NEW) June 8: Siacoin announces that they have had over 1 million downloads of their Sia Core software.
The general uptrend in the crypto markets as well as the positive developments outlined above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription.***
SC correction time before next stop at 2831D chart is very positive. It found support at 196 and starting its grow towards next target at ~280. The coin has a lot of potential and certainly worth buying for both day trading and midterm investment.
At 4H chart SC had all five Elliot waves and currently is losing its impulse. If I had any I would sell now. Perfect pick up zone should be somewhere between 221-226 as it is just above 4H SR zone. I'll put there a small order but hope I will have a chance to watch and trade it myself in real time. Next sequence of Elliot waves will bring SC to 283 at 382 Fibonacci ans SR line. Do you feel the beauty of this mirror play of numbers? =)
Another scenario is when it doesn't fall that much and get stuck in a channel between 230 and 240. It will be clear by stoch RSI indicators
All depends on King Bitcoin mood of cause. Mentioning the King, it is very volatile lately but that is because it is bouncing of global uptrend line and so far so good. On 3D chart it is only starting its uptrend so I feel soon we'll see it growing to 8500 and once it is there 9800 is only a matter of time. I'm not going to cut anything off but 12500 is a 146% target this year ;)
$SC #SIACOIN - Is SIACOIN ready for a move up or fall down?Hello Lads and Ladies,
Today we are looking into a highly traded coin on many exchanges SCBTC.
As we can see in the chart, we see a big triangle forming and getting very close to an end. Looking at the fibs retracement starting in the beginning of the triangle, these have been respected all along. Therefore we will most likely see a very important and dicing point when SCBTC hits 300 satoshi again. Either it will retrace back to the big increasing trend line or will have a move upwards towards the range of 378 and 455.
ANYHOW, there is still a possibility that it will just break down from the trend line and retrace back to 44 satoshi, this is a worst case scenario that is very unlikely to happen.
Therefore, I would say overall we are in an uptrend movement and we will see it continue for quite a while. The next time we see SCBTC hit 300 will be deciding point, it seems like that we are going to test it very soon although not too soon because looking at RSI we are very close to 80 points, which have NOT been crossed a lot of times before.
Like and Follow me and you will find this page interesting because I am a TA expert and day trader that does daily updates and new posts about the hottest and most discussed coins.
Cheers, Tomas
Siacoin, stop falling already!Coin of the day is Siacoin.
Long time no hears, the coin was falling during whole May and now seems to be bottoming, could be a nice opportunity if we are going to grow at least.
Sia is a decentralized data storage platform based on the blockchain technology. The Sia Storage Platform leverages underutilized hard drive capacity around the participants of the network to create a data storage marketplace that is more reliable and lower cost than traditional cloud storage providers. The goal of the company is to provide a decentralized cloud storage option that competes with centralized legacy competitors such as DropBox, Amazon, Apple, and Microsoft. The project is aimed at the topical and rapidly developing niche.
SiaCoin is often being criticized due to controversy about highly competitive niche with such leaders as Google and Amazon.
Latest news
Will be Listed on Hong Kong-based exchange OKex (SCBTC ticker)
A detailed schedule of the listing process:
1. SC deposit - 16:00 Jun 7, 2018 (Hong Kong Time, UTC +8)
2. SC/OKB spot trading - 16:00 Jun 8, 2018 (Hong Kong Time, UTC +8)
3. SC/BTC, SC/ETH, SC/USDT spot trading - 16:00 Jun 11, 2018 (Hong Kong Time, UTC +8)
Technicals
The coin was falling since 28 April showing almost 45% fall, when SCBTC tested Bearish Trend Line and 0.000003 level, the coin spent a day above the 0.000003 level but did not manage to hold on above and went down. Siacoin found a bottom slightly below the 0.000002 level at the end of the May. For now, SCBTC has formed a bottoming pattern on the 0.000002 level and gained volume and upward momentum mainly due to the OKex listing news. From the upside, SC has two strong resistances: 100-days EMA and Global Bearish Trend Line. A breakthrough of these levels can shake a May downtrend tendency and bring the coin to the new rising cycle. 0.000002 level is a support, which should stay strong to support a bottoming scenario. Otherwise, the coin will come back into a bearish bias.