SCBTC
Possible cup and handle - SIA to start April with a BANG! Hi all,
Main TA Points;
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1. Weekly S/R flip confirmed.
2. Break and retest of 3 year down trend confirmed.
3. Decentralized storage platforms all performing strongly (FIL STORJ).
4. Critical fib level claimed, assuming S/R flip of critical level.
5. Based on above assumption we have a possible cup and handle patter.
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Talking Points;
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We are at the cusp of the start of a new month with a strong finish assumed for March. We would like to see price maintain above 44 satoshis which it looks like it will do over the next 72 hours. From a weekly perspective we could see a wick down in the low 40's but I would think its unlikely for us to go much lower.
For those unfamiliar, SIA is in my opinion a top 5 coin from a fundamentals perspective and is vying for a large piece of Web 3.0 architecture. It has a working product, a capable team, and a foundation model ensuring its financial longevity. Having had a significantly longer than normal consolidation and accumulation period, historicals would suggest violent and powerful impulses will continue to follow from here until the end of the year.
I believe April will see the bitcoin pairing at least swing to 60-80 satoshis with the upside up to the 200's range.
Interestingly, both FIL and STORJ are also experiencing strong growth and SIA in my view being the possessor of a superior solution will also follow this strong trend. I would even say based on year to date growth it already has.
We have also broken a down trend that has lasted some 3 years with an extended accumulation period. This is an extremely bullish sign and would signal that this is infact the start of SIA's bull run; even considering the strong growth that has been experienced up until now.
Linked are my previous and most recent ideas which have been confirmed for SIA.
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Estimates;
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As a measured move we are looking to test the 63-65 Satoshi level. I have provided an conservative trade setup having set the stop loss just below the red ichimoku cloud. Please be mindful this is a high risk trade, the vanilla trade would be to enter at the break and confirmation of the pattern.
If we hit this level in the first week of April we could actually see SIA climb into the 100's if not even higher. It is not impossible for us to revisit all time highs from a USDT perspective, in which case a run between 100-200 satoshis is certainly on the cards this month.
Good luck,
Please consider donating, following or leaving a comment if this analysis was valuable to you.
SIA donations;
807db3f1186dd2a5a40418200064b44a94bffb0e32fac9e713923088a7e3bb0886c2d0281374
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Any trading advice provided has been prepared without taking into account your objectives, financial situation or needs. Before acting on the information provided you should consider the appropriateness of the information, having regard to your objectives, financial situation and needs. You should seek professional personal financial advice before making any financial or investment decisions.
All investment and trade decisions, no matter how well investigated, involve risk.
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Siacoin (SC) Ready To Grow With Targets (219%)Siacoin (SCBTC) hit a new All-Time Low recently and is finally getting ready for some new bullish action.
We can see a strong bounce with high volume right after this ATL was hit 31-Dec. Now, prices are moving above EMA21 with a strong RSI.
We also have the classic Falling Wedge pattern which is bullish in nature.
Siacoin is ready to grow.
You can find our targets, plus additional information, on the chart.
Thanks a lot for reading.
Namaste.
SC full roadmap targets Selling at yellow, rebuy at white. Simple. Goodluck.
Confidence level = High.
Risk level = Mid
The chart is good for SC holders, non-SC holders I recommend other cheap coins that still did not hit much. I think you guys know what I am talking about if you have been with me in the communication channels.
Possible inverse head and shoulders - Next SIA impulse imminent Hi all,
Main TA Points;
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1. SCBTC pairing looking to be confirming weekly S/R flip.
2. Bounced off both 61.8 fibs.
3. Hugging upper bollinger suggesting possible continuation imminent.
4. Ichis looks like they may be broken as well.
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Talking Points;
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After a nice pump and my previous idea successfully confirming (check out related ideas) it looks as though we are heading towards the next impulse for SIA. The whole market had a bit of a grind as Bitcoin futures were expiring, but quickly seems to have rebounded, obviously some coins stronger than others.
For those unfamiliar, SIA is in my opinion a top 5 coin from a fundamentals perspective and is vying for a large piece of Web 3.0 architecture. It has a working product, a capable team, and a foundation model ensuring its financial longevity. Having had a significantly longer than normal consolidation and accumulation period, historicals would suggest violent and powerful impulses will continue to follow from here until the end of the year.
I believe April will see the bitcoin pairing at least swing to 60-80 satoshis with the upside up to the 200's range. This, coupled with expected continued growth in Bitcoins price means that the impulse target set here is extremely conservative. Its not impossible that we actually revisit all time highs from a USDT perspective this month.
Lastly the weekly SCBTC chart is very telling. Having attempted to successfully break the 40-44 satoshi range numerous times in the last 6 months it seems as though we will finish this week with a confirmed S/R flip. This is an extremely important signal and would suggest a long term up trend is about to commence. It would also suggest the next few weeks will have significant volatility.
The above points can only positively impact the SCUSDT pairing.
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Estimates;
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As a measured move we are looking to test the 3.6 cents mark. I have provided an conservative trade setup having set the stop loss just below the first shoulders peak. Please be mindful this is a high risk trade, the vanilla trade would be to enter at the break and confirmation of the pattern.
I have also included an assumed bullish confirmation rebound off the yellow trend line. This trend line has been in play and established from earlier in the year. We failed to have the support resistance flip occur over the last week, I would assume this time the market would want to know if we are going to respect it for the next impulse.
Good luck, please follow and leave a comment if this was helpful to you.
SIA donations;
807db3f1186dd2a5a40418200064b44a94bffb0e32fac9e713923088a7e3bb0886c2d0281374
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Any trading advice provided has been prepared without taking into account your objectives, financial situation or needs. Before acting on the information provided you should consider the appropriateness of the information, having regard to your objectives, financial situation and needs. You should seek professional personal financial advice before making any financial or investment decisions.
All investment and trade decisions, no matter how well investigated, involve risk.
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SCBTC about to breakupSC is a sleeping giant with actual working project. Now its trying to breakout the trendline coming from Oct 2018.
TARGET 1: 35
TARGET 2: 55
TARGET 3: 70
TARGET 4: 120
Only an idea.Only an idea! Squared the range...
Melekler, "Seni bütün eksikliklerden uzak tutarız. Senin bize öğrettiklerinden başka bizim hiçbir bilgimiz yoktur. Şüphesiz her şeyi hakkıyla bilen, her şeyi hikmetle yapan sensin" dediler.
They replied, “Glory be to You! We have no knowledge except what You have taught us. You are truly the All-Knowing, All-Wise.
al-Baqara:32
Siacoin (SC) Trading Setup & Momentum #2Siacoin ( SC ) is the native utility token of Sia , a blockchain-based distributed, decentralized cloud storage platform. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space.
According to its whitepaper, the long-term goal of Sia is to compete with existing storage solutions. It sees itself as being in direct competition with major cloud storage providers such as Amazon, Google and Microsoft . Because of its decentralized nature, Sia is able to offer competitive storage rates.
This is my second setup for SC , as the first one went in successfully and on time! You can check it out!
As per this second setup, chart is valid as long as support mentioned is holding . I consider SC a very serious project and a long lasting one, as I was trading it back in the days.
Basically anything I'm posting is a serious project and had a lot of research before any analysis on chart.
For details comment at any time!
Don't forget to follow and like if you find this helpful!
You need to buy when no one is interested in altcoinsWe do not encourage you to buy or sell. Just walk past this asset that will probably grow by 10,000% or not. Or you will lose your money.
Nobody wants to buy at the start. But everyone wants to buy at the end.
As usual, it happens that people start buying what has already grown.
And yes, perhaps this asset will grow by 100%.
But the risk is bad. If you want to buy something safely, buy bitcoin now.
You will have less profit, but you will definitely not lose 90% of your deposit.
#SCBTC SignalsTargets are on the chart, SC was my fav on 2017 now lets see if it can pump the volume is decent and pumping slowly but surely.
Siacoin (SCBTC) Next Target On Multiple TF (111%+)We have a bullish flag for Siacoin (SCBTC) on the weekly timeframe, this is a bullish pattern:
This pattern remains valid above 18 satoshis.
When looking at the daily timeframe, the main chart above, we can see some consolidation take place after the initial breakout late January.
The bias is leaning fully towards the bulls and they now hold the upper hand.
Any trading above 18 satoshis and we are strongly bullish.
Everything above 10 sats. is good for long-term bull... We can expect higher prices soon.
Namaste.
