SCBTC
Siacoin (SC) New Targets (111%+)Here we have the weekly chart for Siacoin (SCBTC).
This week is about to close above EMA50 which is great news, this can potentially mean higher prices.
The yellow square on the chart is the current resistance.
Above it, SCBTC goes straight up.
Below it, more consolidation before prices move higher.
The overall view is bullish and we should we higher highs and higher lows long-term.
Thanks a lot for reading.
Namaste.
Siacoin BTC Ratio Reversal (Long Term)An interesting take on the Siacoin SC/BTC ratio and fractals:
Siacoin is fundamentally a good project with a talented dev team and one of the few coins I like with a use case other than a currency (decentralized cloud storage).
Technicals
Yearly BBands on the daily have tightened to the point that volatility on long time frame is low. BBands opening signals the start of ratio increasing.
MACD on the weekly shows bullish diverg SC/BTCence and that a reversal is imminent
SCBTC fast approaching 4/1 Gann Fan Level
Weekly EMAs are quickly converging signaling future bullish momentum
Repeating fractal patterns from previous cycles show that the SCBTC ratio has the potential to increase in a parabolic fashion
Siacoin has historically rallied up towards June (refer to previous 2 cycles)
SC/BTC Targets
Target 1: +-0.00000180
Target 2: +-0.00000330
Target 3: +-0.00000470
Target 4: +-0.00000828
$SC/BTC 1D (Binance Spot) Falling wedge breakoutSiacoin just broke out of that wedge and 100EMA is acting as support now, let's fill a bag!
Current Price= 0.00000018
Buy Entry= 0.00000018 - 0.00000016
Take Profit= 0.00000023 | 0.00000031 | 0.00000037
Stop Loss= 0.00000012
Risk/Reward= 1:1.2 | 1:2.8 | 1:4
Expected Profit= +35.29% | +82.35% | +117.65%
Possible Loss= -29.41%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2160h
SC/BTC, road to 29/30sat.All details you can see on the chart.
That is how I see it.
Sia coin, was been waiting for a long time, to get up from the ashes.
This is an IDEA! I own 350usd worth SC, and I get myself at 22sat, another amount of SC/ 500USDT.
No stop loss. Will sell at 29sat.
Good luck, and may force be with Sia coin!
SCBTC LONG, BULLISHDescending trend broke. Easy x4, first target: 100 sats. Breakout occurs above 33 sats.
SC - Time for a 2nd CycleRight now SC has been following a similar pattern to DOGE. There have been some massive buys and the downward movement seems to have flipped around. Enough hype might bring the price to around 24/27 sats, possibly even higher. On the 4H we can see a bullish crossover happening on the MACD with some increasing buying momentum. Putting a small trade into here at 22 sats and hoping to turn some small, but nice profit.
Siacoin moooon?Ive waited a long time for this moment.
If it hits the top rising channel, Im shorting it there, but partially.
Im long SC now to see what this beast does for laterz...
Siacoin (SC) Moving Above EMA50, First Time Since Aug.We can now see Siacoin (SCBTC) challenging and trying to stay above EMA50, which is the bold magenta line on the chart standing at 14 satoshis (0.00000014).
This is a very important level and staying above it can signal that the wait is over.
Many Siacoin fans, investors, and traders have been waiting for the moment this one takes off...
I can tell you that it is getting closer and EMA50 is one of those barriers that need to be cleared.
After this level is taken out, we can expect a new uptrend to form.
This uptrend can last for years... Think about that one for a minute.
Yes, it can take very long for the trend to change, from bearish to bullish, but once it does...
Just as we hit new All-Time Lows when prices are heading now, we will also hit new All-Time Highs when prices are moving up.
Multiple years of growth and then the final bull run...
Patience is key... We will have our turn.
Namaste.
SC breakout - double in the air5 months falling wedge broke out. We are looking on the daily time frame.
This move will happen on a 2-4 weeks delay. We are looking at 2x minimum.
This is a short term target. On the long term, it seems to have bottomed out. A lot of upside.
Siacoin (SC) Trading SetupSiacoin ( 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.
Latest news: 13 Jan 2021: Release of v1.5.4 marks an important chapter in Sia’s history - incorporating the Sia Foundation hardfork. Sia Foundation is a non-profit charged with developing & growing the Sia network.
You can also check my SC/BTC trading setup chart. I expect SC to have a strong bounce between 18-24 Jan 2021.
For details comment at any time!
Don't forget to follow and like if you find this helpful!
Looking Promising...The Green MA is higher than the Energy in all the near term group of timeframes and the Red RSI has made contact with the Green as it rises in the 1d, 2d & 3d indicating bullish sentiment. The Red RSI is also above 50 in this group of TFs. In the 4d the Red RSI has made contact with the Green MA as it falls which is bearish for that timeframe. We can see that the Energy has fallen below 50. However, from what I can see in higher and lower timeframes I think there is a good chance that the Green can turn up again.
The Green is also higher than the Energy in all the short term group of TFs too and the Red RSI is significantly above 50.
We're looking good against the BTC pair too.
Trade Safe
aBL
Short Term
SC ready for breakout!Siacoin ( 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.
Latest news: 13 Jan 2021: Release of v1.5.4 marks an important chapter in Sia’s history - incorporating the Sia Foundation hardfork. Sia Foundation is a non-profit charged with developing & growing the Sia network.
Perfect entry zone is 11-13 with targets on chart. Good luck with this sleeping giant!
For details comment at any time!
Don't forget to follow and like if you find this helpful!
Siacoin (SC) | It Is Just Consolidating Before, Up/BooM!Patience is required here, there, and everywhere.
This one is just consolidating also but it will make a huge jump once this phase is over.
I shared a chart recently for Siacoin (SCBTC) and many people are asking for updates... There is nothing to update here the chart remains the same.
As long as prices for SCBTC continue trading above 10 satoshis (0.00000010), we can simply wait, this is the accumulation/consolidation phase.
It can take a few days, a few weeks, just as it can take a few months... But once this phase is over it is usually followed by bullish growth.
Thanks a lot for your support.
Namaste.