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SCBTC

Siacoin risk of bulltrap from BTCUSDTI'm hoping that SC will repeat its last jump My only problem is that I missed the last BTC minimum and have to buy in now.... But... Looking at BTC it's still possible that we get a second correction and I would buy the top so I postponed my buy order for about one day (less profit) to see what BTC will do in the meantime. Just so you don't get swept away by all the bullish SC charts if BTC goes down in the meantime you may even lose some money.
Long
by Farbdose
1
Mid-term SC prospects. It's going to be an interesting ride!This chart is highly speculative because of the large timespan, but it can't hurt to have look. The previous wedge resistance charts I've made have been remarkably successful so I scaled this one up to a mid-term chart. I believe we are in the middle of the first of several cup and handle formations, which will get increasingly larger. My target is maybe 750 sats by the end of the month. 1000 sats by mid July. Maybe i'm just blindly optimistic. Anyway, don't panic if we drop into the 400s this week or next, SC has proven herself remarkable strong, even in the fact of BTC tyranny. Stay strong my friends, hold, and enjoy profits!
Long
by Brisben
Sia SCBTC - Slightly Shorter Term TargetsThis is related to my other idea: I zoomed in so we can see the target area for the more immediate future. Looks like we've got a cup & handle (or inverse head & shoulders, both work in this case). It might want to extend past the target and hit one or both of the previous peaks (I labelled them on the chart) so I drew a wider target area. Of course I believe it will ultimately blow past all of these targets and hit at least the next fibonacci level around .00000905, but thought I'd include this if you want a shorter term goal.
Long
by Oops_I_Charted
Sia SCBTC - All Aboard The Sia Train. Destination, Next Fib LineLots of things pointing to the .00000900 area as the next target. We've got a channel, cup & handle , bull flag , and all the targets meet at the next fibonacci line. I'm as confident in this one as I get. I'm already holding so I'm not looking for any particular breakout point, but I'd say now is as good a time as any if you're looking to get in. There's even a mini cup & handle breaking out right now on shorter timeframes. Even if it doesn't work out for some reason, Sia is still a great hold - so I don't feel shy about highly recommending a buy right now. Good luck!
Long
by Oops_I_Charted
8
My thoughts on SC for the next few daysLooks like a near perfect cup and handle formation has just finished, which could signal a slight uptrend. I don't think we are going to see any significant upwards movement for a few days, and certainly nothing sustained until maybe next week. It will probably dip back down to 500 or below a few times before it moons, but just buy the dips and hold. Also, check out my Mid-term prospects SC idea for an idea of what I think will happen over the next two weeks.
Long
by Brisben
17