Scbtcbuy
SCBTC is preparing for climbingAfter double top SCBTC is dippinng around 25-27 sat level and preparing for next bullish wave. Volume is still low. First target is around 50 sat and next one is 73-74 sat levels. SL is 20 sat
Siacoin SC/BTC Converging for a big move aheadI hope you are all fine. Lets get straight to the point.
I have drawn all the important points on the chart above.
Trend Lines, Monthly, Weekly ( Support & Reistance), Fibonacci Levels.
You can understand the chart easily.
Siacoin is converging into a pattern, right now after rejection from upper trend line resistance it is test the lower trend line support,
It might going to retest the level at 30 sats. If rejected, then the move up can be 30 percent.
If you want to enter the trade, wait for a new candle to form and see its behaviour. Always enter after rejection and near the support and resistance levels for maximum profits.
30 sats is a very crucial point, if it falls below 30 sats, then it is going to test the 25 sats.
So that's it for today, Folks.
Trade safe as I have provided you with the current image.
Now make your decision.
SCBTC - Short term trade opportunitySCBTC - Short Term (1h)
Possible bounce here to 44-50 to retest high.
Completion of bull flag too, this trendline is very strong
Entry: 33-34 sats
Target: 44-50 satoshi
Stop: 31 satoshis
Please note this could go as high as 60 but I will wait for another trade setup.
SCBTC Latest Technical AnalysisWe are doing Analysis of SCBTC on 1 Day Timeframe.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
Siacoin soon, one more time!As I am staying with my forecast of BTC to 8ksih cycle, it is time to look for some juicy gains from our favourite alts and just see how they have been..
Siacoin is one of the top altcoins and one of our profit generators, and from what we can see it got out of its descending channel and made a small pump to 0.00000098 BTC and we retraced back to 0.0000008 BTC area and now seems like the time to buy, we have bullish divergence on EWO, with the big green wave showing a bullish rejection and if that was wave 1 then we can calmly say that wave 2 already retraced back to the start of wave 1 and now should be the killer wave, wave 3 biggest impulse, our biggest gains.
So we might retrace and hit 0.00000076 one more time before we pump so I would adjust my stop loss to 0.00000074 BTC
Details:
Targets:
1.0.00000098 BTC (short-term)
2.0.00000116 BTC (short-term)
3.0.0000013 BTC (mid-term)
4.0.00000148 BTC (long-term)
1.0.0000016 BTC (long-term)
Stop-loss: 0.00000074 BTC
Good Luck, Traders! #moon #mooncommunity
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 !
CRYPTO : SCBTC (SIA Coin) LONG BREAKOUT SETUPThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please Like & Comment if you agree with this setup and would like to see more Crypto setups from me.
SCBTC / Symmetrical Triangle How To TradeTechnical Analysis
Symmetrical Triangle
Siacoin is in a symmetrical triangle very close to the apex (meeting of up trending and downtrending line) and should break out soon. The closer to apex, the closer to breakout.
2 Lower highs and 2 higher lows confirms this triangle is valid. Volume contraction / reduction also validates Symmetrical Triangle pattern.
This is generally a continuation pattern, meaning if it entered the symmetrical triangle from a bullish run, it should continue, bullish. the symmetrical triangle is sometimes a reversal pattern, meaning we should wait for a valid breakout of the upside before we buy in. To enter this safely we want to see at least 5% move upward (235-240 Satoshi) as well as some buy volume kicking in, showing interest. We can also wait for accelerated movements upward (large green candles) and bullish gaps.
Often, the level of the Apex turns into support and can test / bounce on it around breakout before resuming to target.
Symmetrical Triangle target is generally the widest distance of symmetrical triangle.
Many sources state that 75% of symmetrical triangles are continuation patterns.
We’re buying in on a 5% movement upwards and re-buying and adding some in this trade on the test / bounce of the apex.
Trade Information
Fundamental Analysis
Hard Fork January 31 2018
Project
I am bullish on Siacoin as I believe it is a great project, and is in my core holdings for 2018. Siacoin is a “decentralized cloud storage” that is completely private and encrypts files on a decentralized network. It is affordable as 1TB cost about $2 a month. It is open source and the devs are transparent, and many people are allowed to contribute. The community has been building applications on top of Sia’s API. Siacoin also has a decentralized storage marketplace, that allows people to “rent” and sell digital files, document and similar. Sia leverages the capacity of blockchain technology to enable distributed networks to reach consensus in a secure and trustless way. Cryptographically secured smart contracts ensure the encryption and transfer of data with no possibility for a third party to interfere in any way.