Siacoin - Possible 225% GainGuys, last one for the night. I REALLY like this one. I may enter this trade soon because I think we may be near done with the consolidation phase. The Daily MACD is still pushing down, but this correction is reaching near the same length as the previous wave 2. I will look for signs of reversal and possibility of a failed breakout. But I think I'm placing priority on this one until I see that it is likely to not take off until a while later.
Entry: Below $0.062
Stop Loss: $0.04 OR on signs of bearish reversal
Target 1: $0.165
Target 2: $0.199
Chance to Gain: 225.11%
Chance to Lose: 34.22%
RR: 6.58
Time-frame: 1-2 weeks or more
SCBTC
SC pre-hardfork rallySiacoin is due for a hard fork in late January (coinmarketcal.com) and there has already been a rally since the announcement. There is currently a falling wedge pattern forming - a trend continuation pattern.
Buy the lower half of the wedge, or watch for a breakout. Target around 800 satoshis.
Updat for Sia: New TargetsSiacoin almost finished correction after reaching our previous TA targets and bounced from our last target, 0.00000314 showing strength to hold the bearish movement.
New targets confirmed now and Sia will start a new bullish movement.
Breaking the upper-line of the bearish channel will release a strong movement for Siacoin.
Entry point:
Feel free to join now
Stop loss:
1D closed candle under 0.00000255
Targets:
0.00000485
0.00000519
0.00000569
0.00000650
Good Luck
The order of pumps: Maximize your profitsIn this chart we have compared the last two big rides in some altcoins. As we know once an “alts season” starts most currencies start popping up one after another. In this case we have taken ADA, DGB, SC, 1ST, STRAT and DOGE.
We can see that in the first pump wave (between 16-25th december), ADA was the first one, followed by DGB, SC, then 1ST and STRAT, and finally DOGE.
In the second wave, again ADA was the first one, followed by 1ST, DGB and SC, then DOGE and finally STRAT.
From this we could build an hypotesis which could help us to identify the best opportunities to jump in:
1) ADA is performing as an advanced indicator, since it’s been the first one to pop up
2) DGB and SC use to climb/drop together, and after ADA
3) 1ST has not clear order, but it’s in the middle, not the first one to pump, nor the last.
4) DOGE and STRATIS have been the last ones in both pumps, so they are expected to be as well now.
SiaCoin Will Be More than 1$ 2018What’s Next?
2018 is going to bring some big developments.
File sharing and other software improvements. In 2018 we will finally release file sharing between Sia users. This will introduce a new use-case for Sia, while also increasing network utilization and network effects. View the full roadmap here.
Enterprise partnerships . Our goal for Sia is to serve as the storage layer of the internet. We want companies like Dropbox and Netflix to use Sia to store and distribute their content. Once file sharing is introduced, we will be ready to approach companies for pilots and partnerships. By the end of 2018, expect to see several meaningful partnerships with enterprises who are storing data on Sia.
Updated Sia brand. The Sia software is clean and pure, and we will be updating the Sia branding to reflect those qualities and better appeal toward companies. Expect to see an updated logo, color scheme, and website, all of which will make Sia feel more modern and clean.
Overhauled Sia-UI. In addition to updating the brand, we have tasked Luxor with developing an overhauled Sia-UI. This will make Sia far easier to set up and use on a regular basis. They will start this work in Q1 of 2018.
Community and support. Steve Funk joined us full time as Head of Support, and he will be working to put together updated guides and documentation for using Sia. He’ll also be launching SiaTV, which will include video walkthroughs, tutorials, interviews, and more!
Marketing and public relations. We intentionally keep a low profile. In 2018, that will change. With Sia almost ready for early enterprise adoption, we have hired a public relations firm to increase awareness of Sia and decentralized cloud storage. We will also be increasing our inbound marketing efforts, improving the blog and putting out more high-quality content.
- sia blog
Screencap This PM Me When You Are On The Moon
Siacoin Growth PotentialEven with the extremely recent negative correlation, I expect as a short position that Siacoin is expected to grow 150%+ in value within 7 days. A price point of over 12 cent is possible that soon. Even $0.24 is possible but that can be a stretch. For a long position where you HODL until past 2018, you can expect even much better growth. Given the partnerships that will happen, the protocol updates in its cloud infrastructure, among others, this is very feasible. However for conversation purposes, I am predicting the short term growth and also advocating a long HODL still.