SCBTC
Siacoin (Cup & Handle Formation) - Easy 500% Profit (Long term) Hello Guys.
First of all, SiaCoin is very good project related to secure cloud storage at low cost. Which might be big in future. I am very much Bullish on Siacoin.
As per the chart, We had a nice Cup and Handle formation and reached the support and holding there pretty Hard. It is a good sign.
Buying Zone: 0.00000250 - 0.00000330
Target 1 : 0.00000400
Target 2 : 0.00000575
Target 3 : 0.00000800
Target 4 : 0.00001385
Stop Loss: 0.00000225
Note: Don't forget to put the stop loss.
Watchlist Update 04 | BTC, KMD, DGB, ETC, GBYTE, SCHello and welcome to today's watchlist update :D The bulls arrived this morning. My newsfeed continues to be bullish and positive, no insane FUD this morning on my end.
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Overall market cap: Up several billion this morning. Major cryptos are all very bullish this morning.
BTC-USD Coinbase | Broke resistance of 9089 on huge bullish volume, followed by a bullish pennant and an inside bull break of the pennant, pivot point at about 9158 and now possibly forming another pennant. Bearish volume arriving, be careful.
KMD-BTC Bittrex | 4H inside bar bull break, rising well above the strong support line of 0.0004547.
KMD-USD | 1H edge-to-edge Ichimoku cloud break, strong push to the upside. Capital flowing back into the markets overall.
DGB-BTC Bittrex | 1H edge-to-edge Ichimoku cloud break, very strong bullish push followed by a long-tailed candle from bulls buying the dip.
ETC-BTC Bittrex | Finding strong support around 0.006303 and 0.0055641, retracement looks healthy for bulls. The previous slow establishment of support levels means it has has trouble dropping too hard, I think it will hold in this range. Ichimoku cloud has only flipped bearish on 15min and we have broken the channel trend that I drew earlier.
GBYTE-BTC | Strong breakout of the rising wedge that I deemed to be bearish, looks like fundamentals may be trumping pure technical analysis or perhaps I misread this and it's actually a bull flag. It's smashing through a wall of previous support zones so I'm still skeptical of this bull run, despite a decent amount of volume. Please throw me some ideas in the comments section!
SC-BTC Bittrex | Sideways, waiting to see if this finished off the correctional C subwave of the current Grand Supercycle.
ZEC-BTC Bittrex | I didn't cover this one that well as the clock was ticking (Maybe I should roll this over to Youtube eh?) but Zcash still has rom for downside. While it has had a lot of bullishness recently, I only imagine that it will need to retrace and build a stronger base before pushing further to the upside sustainably. To me it looks tired and may even be forming a larger head and shoulders pattern. What do you guys think?
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This is for educational purposes only and is not financial advice.
Siacoin (SC) on the verge of breaking outThis coin is very much like XDN. The graph, the indicators all look almost identical. It is actually a bit weird. After a period of consolidation since more than a month, I think it is ready to move. The StochRSI on the 1D chart has become really bullish, and there is a lot of room till it gets oversold. Looking at the MACD and it's histogram, it looks like sell off is over and the lines are about to crossover. The indicators on the short term charts: 1h 2h and 4h are all looking very bullish too.
Don't forget to diversify and set your stop losses.
Cheers and good luck!
Tips:
BTC - 1FPLEZw1WXK4ojqap3R1KtXxubDsrLps7g
ETH - 0x080cC01b0abA63Bde5cC535d92F0fEd8722b1678
SCBTCSCBTC basically completed a 100% correction from January 4th. There are a few ways this can pan out.
"Great moments come from great opportunities." I have no idea if Herb Brooks actually said that to our boys before they took to the ice against the USSR in the 1980 Winter Olympics Ice Hockey Semi-Finals in Lake Placid, New York. Regardless, when Kurt Russell (playing as Herb Brooks) said the quote in the movie 'Miracle On Ice' I was so pumped up I could've ran through a brick wall.
If I had to pick two things I love the most in this world (besides my wife, obviously honey), it's THE US of A and a hot cup of JOE (The saying "Cup of Joe" came from the US Navy, when Admiral JOE Daniels banned alcohol on naval ships in 1914). We've got both of those things in this chart.
Our chart is showing a great cup and handle, but it needs some Herb Brooks-level motivation, or a swift kick from Admiral JOE.
SCBTC failed to breakout of the handle and has plunged to a 100% correction.
The 200D MA has recently formed, and is curling up to add support, but SCBTC must decide if it will run to the 200D MA or fend for itself until help arrives.
This is still the 'Semi-Finals', but it will be far more telling of the coins strength than the gold-medal round (Especially if we play the Fins again).
Watching this trade VERY closely.
Disclaimer: I know less than my 6 year old niece about trading. But I'm winning and she ain't.
Siacoin/BTC, Bittrex = Inexpensive & Promising Data StorageAs the market continues to show signs of bullish behavior, every (or most) crypto asset are showing positive signs of recovery. Today we'll focus on Siacoin (which just happens to be up 12.00%)
For this analysis I've chosen to look at the Elliot Wave structure and count as well as fib levels on current and past rallies. I'm also considering previous resistance and support markers. Where all of these things coincide or correlate, I usually set my own buys/sells.
As always, I recommend for every one to further expand their knowledge and do as much research as possible when investing. These are my own personal opinions and should be considered educational resources rather than financial advice. Good luck out there cryptonauts.
About Siacoin
Sia is reinventing cloud storage. Our technology connects users who need file storage with hosts worldwide offering underutilized hard drive capacity. Our blockchain technology secures their data and enables breakthrough economics for users and hosts.
White Paper: sia.tech
SCBTC Siacoin BITTREX, breakout soonSiacoin held pretty well during the correction, with the 0.00000250 area working well as support, which was the previous high on Dec. We're still within a downtrend channel, however we can see some bullish signals in our 4hr chart.
We have a bullish divergence in our MACD with three higher lows. There is this huge triangle, which is a continuation pattern. If we break out to the upside, we could have a confirmation of the breakout with the price bouncing of the top purple line. We can have a price target at 0.0000075, that being the target from our huge flag, matching our 1.272 fib number, being at the same area of our previous highest point.
Daily chart:
SCBTC Grab a 20% each step with a final 80% + Profit !!!SCBTC on Bittrex
Buying ZONE - 240 to 275
Tp1 - 460 to 480
What I do is simple to kill the Risk !!
I will lock every 20% of gain with a stop loss once it reaches the 35%, 55% & 75% and keep going up if you can !
Please Lock every 20% of gain !!
Good Luck Guys !