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SCBTC

Siacoin idea sounds goodCoin 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. From the technical point of view the price, which had shrunk along with all cryptomarkets during the start of the 2018 and now unfolded not reaching the 0.000001 level. Today SCBTC pair Had completed the Reverse Head and Shoulders pattern with the Head at the 0.00000114 and started to grow accompanied by jumps in volume. From the upside, the bulls will meet 0.0002 resistance and 100-days EMA after it. Breakthrough of these levels will confirm the development of the upward cycle. From the downside, Bullish Trend Line and short-term support at the 0.0000016 will support the uptrend.
Long
by DestinationMoonCrypto
Time to trade! Cash is King!Siacoin has finally decided to join the party and giving us some strong buy signals, this coin has potential of 300%+ for a long hold. We are going to buy, Trade and sell it as we can turn over 300% in shorter timeframes on other trades. Those of you that work though may be interested in putting this into your portfolio as a hold. I am going to trade it, I am waiting for the first candle to close outside the trend line to see a very nice run. This coin I have already bought the reason being is we have many indicators here pointing us in the right direction. You will see the underlying trend here of Siacoin on the 200 SMA (purple line) is still a downward trend but if we jump down to the 50 SMA we have just met price. Siacoin has been trading down in this channel for quite some time and bouncing off its support however as you will see circled in blue this time we bounced from a bottom that was created a number of months ago. You will see the aggressive buys in the blue circle this shows us the buyers are going to beat the sellers there. You will notice the change in trend on the A/C indicator, people are buying up SC and not selling it off therefore we are gaining momentum and this will drive us to a breakout. I took an aggressive entry and bought yesterday, the reason for this is 20 and the 50EMA have just come under price and crossed, this will provide very strong support to get us outside the channel (green line) we can then use this line as our support and safety net for a stop loss. I want you to look at the blue arrow pointing down here you will notice as the candle put in a lower low yet the RSI was punching out a higher high (circled in purple), this is the bullish divergence we look for in these coins that have been travelling downwards for such a duration this will usually give us enough insight to see change of direction. Targets are the blue lines, this trade will develop nicely over a short time period, the conservative investor will buy first 4H candle to close outside channel, when this happens buys will come in strong. Cash is King! I have a few trades today I will release for you all!
by Cash-is-King
5
Siacoin SC Poloniex - It has been a long time since we moved - MThis is a Medium Risk trade. Siacoin, if it follow prior movement, will fall to our demand zone and most likely bounce off one of them. Safe thing to do is buy at demand zones, with a very tight stop loss in case it continues down. That way you won't lose much if it moves down but will be in the game if it starts bull run which can last anywhere from 5 days to 52 days. I will keep you updated on this trade if you follow me. Do not invest what you cannot afford to lose. We are not your financial advisors.
by CryptoManiac101
Is it worth holding SiaCoin now? Possible C&H breakout!Namaste :) Hello everyone, Today i would like share my idea of a Cup and handle forming on the daily chart. Targets are shown on the chart and lets hope to break ATH of 837 satoshi on the way to the moon. Entry : 180-200 Sats Target 1: 395 sats Target 2: 460 sats Target 3: 639 sats Target 4: 800 sats ATH: 837 sats Let our prayers take the charts where we want it, as it is highly unpredictable generally, Anything can happen! be prepared always! Thank you all.
Long
by cryptedalien
5
One Last Chance to Short SiaShort or Long... you decide, but it doesn't look good for SC right now. The red diagonal resistance lines are pushing it into a long term consolidation. I would guess we test that blue diagonal resistance line once more before dropping to level off for a bit prior to a slow bleed back to the mid 50 satoshi mark. This will be the third time something like this plays out if it does. Short now, check back mid summer. Keep in mind that technical analysis aside, a new batch of Bitmain A3's is hitting the market this week and people will want to pay them off asap (i.e. dump everything they mine). Not investment advice, good luck if you trade this idea.
Short
by Brodie_MT
2
SCBTC fortunes ahead still bearish, looking for a breakout opportunity. Next breakout may set up a nice swing trade opportunity. May have a nice breakout soon looking at macd and rsi. gaining support but likely a small breakout. slight head and shoulders forming if SC can gain some traction. Volume looks great as of now though. in the 4 hour chart, we see nice volume with prices testing support of the ema 50 (blue). We can see the crossover of the ema 50 and ema200 (yellow) which signaled a nice correction and set a nice support line (purple). Since then, however, we broke past that support line, and we're having trouble getting back over support. RSI alone is showing us a change in strength from the angles of the last 3 days it was oversold. SC is still looking bearish, but you may be able to be profitable from the recent swings looking at the 30 minute chart. Once SC settles back over the ema 50, it's likely we see a massive breakout. :)
by adreyes18
SC/BTC Siacoin. Exclusive Update 4 U!Hello My Dear Supporters! SC/BTC Daily Chart Analysis Wow what a popular coin I have had so many messages asking for updates on this coin. Here it is! It’s a crucial time for Siacoin and its traders as it approaches the apex of its Triangle. The key question is which way will it treat I’ll go with a 70% chance of breaking the bottom and heading further down. SC/BTC has Its EMAS lined up for uptrend with the 50EMA (Red Line) above the 200 EMa (Green Line) but price being below the 50 and on the 200 negates that. As the triangle closes something must happen here. Most likely a break of the bottom of the triangle at 0.00000243. If that breaks and closes below we are most likely short and looking towards 0.00000115. This can turn very quickly a break of the top of the triangle and close above the 50 EMA and we are bullish and may see quite an acceleration with the blue lines at 0.00000338 and 0.00000484 in play quickly. We need to wait while price and the charts make this picture clearer for us, once it does there may be some great profits available here. This analysis is to update you on this coin, not as a buy signal, if its the time to buy I will update this post so make sure you follow and I will ensure you don’t miss out on any profits here. DollarsandSense looks forward to earning great profits with my loved supporters this year! Follow for more $$ in 2018! Quote of the day "The stock market is filled with individuals who know the price of everything, but the value of nothing." - Phillip Fisher Another testament to the fact that investing without an education and research will ultimately lead to regrettable investment decisions. Research is much more than just listening to popular opinion.
by DollarsAndSense
16