SCBTC
Siacoin huge movement, will we make it above Trend Line?Coin of the day is Siacoin.
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.
Nonetheless, worth noticing, that Sia Coin team supports project actively, even providing monthly reports on their blog.
Latest news: on 23 April Bittrex listed SCUSDT trading pair.
Technicals
The coin started to draw turnaround on 18.03.2018 at the 0.00000115 bottom and went into an upward pattern. On 13.04.2018 SCBTC broke above the 100-days EMA and 0.000002 level. Till today the coin was trading in a lateral corridor between 0.000002 and 0.0000025 levels. Today Siacoin broke above 0.0000025 level reaching 0.000028 level, getting close tot he Global Bearish Trend Line and 0.000003 level. A breakthrough above the Global Bearish Trend line would change the overall bias of the coin to an uptrend. 0.0000027 level serves as a short-term support of the bullish momentum and if the price will hold above this level and gain more volume - the breakthrough of the Bearish Trend Line could be seen in nearest time. Fall below the 0.0000025 level will cancel the bullish pattern.
SC - Siacoin has Formed Cup and Handle Breakout Pattern.Hey, I am back with another Trade Idea.
This time looking at Siacoin, Siacoin is a Blockchain storage coin in short.
In short, Siacoin is currently at Cup and handle breakout pattern, MACD looks ready to pop, RSI has to surpass at least 55 level.
Hope I made your view on whats going on with Siacoin somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update!
SIACOIN (SC) IS ON PATH TO 279% PROFIT - Binance? - LThis is a low risk trade.
There are many rumors about Siacoin getting listed on Binance in coming weeks, which is very likely taking into account Siacoin project and team behind it.
Buy the rumor and sell the news my fellow Crypto Maniacs!
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Siacoin Roadmap for 2018 and Long Term PerspectiveSiacoin is a coin for a decentralized cloud storage and has been around since 2016. It can not be said that its a new coin, but one of the veterans in the cryptocurrency market.
At the same time the price of Siacoin remains very cheap and currently, SC/BTC is traded at 130 satoshis! Obviously not many "veterans" cost that cheap and perhaps this could be a very interesting investment opportunity in 2018.
On the Siacoin roadmap for 2018 it states:
"Our goal: Sia becomes production-ready for cold storage, begins to be used by companies, and introduces file sharing."
If everything goes according to the Siacoin plan, this could trigger a strong rally in price, as not only people but potentially large companies will use Siacoin services for the cloud storage.
Looking at the chart. Siacoin continues to reject the uptrend trendline and currently found the support at 88.6% Fibonacci retracement level. While the support is holding the next wave up could result in a rally towards the 430 satoshis resistance. But/when/if it will be broken, the upside potential could be enormous.
Siacoin analysis 04/16/18Hi guys, I am not an expert this is only my personal idea, I'm open to all criticism and advice! So looking at the 4 hour chart of HITBTC:SCBTC we see that on 03-24-18 siacoin broke out of the inverse head and shoulders pattern and begann its bullish trend. I have drawn the Elliott waves leading up to the current date which include the 12345 Elliott wave made out of the inverse head and shoulders, the ABCDE correction following the initial Elliott wave and a new Elliott wave which is forming at the moment. My current projection is for the Elliott wave to remain in the channel I have drawn and it has shown effective acting as a resistance for the third wave. Currently a rising wedge is forming which indicates an incoming downtrend. There was also a bearish MACD cross once again signalling for bears. If the price breaks down out of the rising wedge, I project for the new support (Resistance for 03-25-18) to act as the bottom for the 4th wave to drop down to. Another possibility is that the 200 EMA, which has shown to be used as a support and resistance for the coin in the past, will act for the bottom support of the 4th wave. Now we must wait to see what happens, thanks for viewing my analysis I will be posting updates as often as needed.
SC - SiaCoin Greenzone Bullish#Trade152 #SC
Buy Now Under 0.00000180
#SaleTargets
Target 1: 0.00000198
Target 2: 0.00000213
Target 3: 0.00000229
Target 4: 0.00000247
Target 5: 0.00000266
Target 6: Followup
StopLoss 0.00000163
Duration: 1 to 4 Weeks
Risk 8% / Reward 50 to 300% with Followups
Strategy: Must use #MultiTargets Strategy.
SCBTC - Short to Medium Price ForecastPrices and volume have surged in the last 15 minutes of trade and looking to break above the price curve. Watch for a pullback to around 0.00000214 or 0.00000209 to go long if prices turn with supporting volume.
You could also go long if it breaks the price curve and holds above 0.00000221. Price target is at around 0.00000227. Good Luck
Siacoin (SC) Can We Get 10x Again? (Over 340 Profits Potential)Siacoin (SC) is one of the most famous altcoins of all with low market cap., and has really good fundamentals. The development team is active and on top of the market starting to reverse now, there's news on the pipeline and a TSO launch for this project on the 16th April.
Now, can we get 10x out of this coin? Here is the chart for 2017 after May:
- The magenta line represents the two tops reached in 2017. We had two strong bull run for this coin last year. If we want to get 10x or more, Siacoin needs to break its all time high... This can take some time... In the meantime, let's focus on the profits.
Let's look at the details for this trade.
CHARTS, SIGNALS & INDICATORS
Siacoin (SC) daily chart:
- First notice how support is almost always found at the same breakout point that started the last bull run. Note this as this can be useful in the future for trading. When a top is reached and the big retrace starts, you can check for the last big breakout to buy in again into any coin and enjoy profits on the way up. The bottom reached this time was 121 satoshis, marked with a black dotted line. For the first bull run of 2017, the bottom was set at 48 satoshis.
- Here you can see that the SMA20 (green line) is curving and soon crossing up the SMA50 (blue line) and SMA200 (brown) lines. This is a very bullish signal. On the 6 hours chart this signal has already been confirmed.
- We can see the accumulation period marked by the positive divergence on the MACD and all the usual suspects.
- Doji, reversal candle on the daily chart (yesterday).
- Weekly chart looks very positive.
- Siacoin (SC) looks good for a long term trade.
- So what are you waiting? Let's trade!
TRADE INSTRUCTIONS
Buy-in: 0.00000160 - 0.00000220
Siacoin (SC) Targets:
(1) 0.00000250
(2) 0.00000330
(3) 0.00000459
(4) 0.00000551
(5) 0.00000668
(6) 0.00000850 (2017 All time high)
(7) 0.00001006
Stop loss: 0.00000084
Message: Look At The Sky
I am looking up to go up.
I am going up while looking up.
Light blue, shades of gray.
Vibrant yellow, orange and red.
Look at the sky!
It is beautiful... take your time...
Please... look again!
Namaste.
SCBTC Bittrex 4H up to 30MAR18 Trading Analysis (TA)SCBTC Bittrex 4H up to 30MAR18
4H Chart, also works in 1H, at this time the SIACOIN (SC) after moving and tested SUPPORT ZONES 1,2 and RESISTANCE ZONES 1,2 is on its way to test the SUPPORT ZONE 3, in order to advance to RESISTANCE ZONE 3, which is the best scenario taking in account that the MACD and RSI are like about to cross, the if something wrong happens then we will see back in SUPPORT ZONE 2 to start the game again. At this time the Market Cap is recovering from its fall to 252 Billions and is crossing the 262. Good Luck!
4H Chart, también funciona en 1H, en este momento el SIACOIN (SC) después de moverse y probar SUPPORT ZONES 1,2 y RESISTANCE ZONES 1,2 está en camino a probar la SUPPORT ZONE 3, para avanzar a RESISTANCE ZONE 3, que es el mejor escenario teniendo en cuenta que el MACD y el RSI están a punto de cruzarse, si ocurre algo indeseado, entonces volveremos a SUPPORT ZONE 2 para comenzar nuevamente el juego. En este momento el Market Cap se está recuperando de su caída a 252 Billones y está cruzando los 262. ¡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 "
SIACOIN SC on Poloniex 100% Minimum Profit Path - MThis is a medium risk trade if stop loss is set correctly.
Chart is self explanatory. If you have any questions just comment below. This was a members only chart but now is publicly available.
RSI is below average which is good and MACD like on most other crypto's has huge room for great growth.
Enjoy this trade guys!
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.