SCUSD
SC; another deeper look, moon cancelled?? wtf is happening?? hmm
k i went deep here guys. took a look at the coinmarketcap chart which can be good sometimes to spot big macro trends.
coinmarketcap.com
put it on all time and log. what do you see?
see there are two macro fractals as i see it now. the obvious one which ive been focusing on and the sneaky not so great one.
prob some heavy bias coming into play there too.
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white or red (pinky red wtf it is)
two options. use your stops accordingly.
this will be the last SIACOIN analysis until the price action shows us which option is to unfold.
glhf
SC : SIACOIN ; i can do this all day long babySC : SIACOIN ; i can do this all day long baby
60x from here??? @@ wtf gtfoh
Ajusted the fractal to fit this last dump. Again I don't think I did have the right place. The fact we broke out of rising wedge or wtf you want to call it isn't good imo.
if this plays out ill buy you all icecreams.
i supply the hopium, you supply the bids.
x
Siacoin to reach 0.10 very soonI expect that Siacoin eventually will reach the 0.10 in a very short time (125% upwards). For the short term, I expect consolidations after an upside earlier today that gave us about 25%, Consolidations between 0.0387 and 0.0435 before we have a serious of runs up. Next target is 0.058- 0.062
SC bullish for the short termI expect SC to rise to 0.0435 before falling again, There is still unfinished business to cover that gap of 0.035-0.0335 when the breakouts happen from the descending triangle. Right now SC is trading within the formation of rising wedge in green.
Trade at your own risk.
Rejected @ the resistance, Pulling back to the support 0.0329Siacoin get rejected at 0.043 resistance. Expect a pull back to 0.0329ish then if that support line hold, we should expect SC to go upwards towards the 0.044 again. If the support line of 0.032 did not hold, we may revisit the 0.024 once more.
Please trade at your own risk.
#SIACOIN #SC possible targets for 2021#SIACOIN #SC possible targets for 2021
TARGET1: 0.09$
TARGET2: 0.15$
TARGET3: 0.29$
TARGET4: 0.59$
STOP LOSS: UNDER 0.21$
Considering the price movement patterns in the past, and the resistance of $ 0.045, we expect to see fluctuations in the range of 0.045 to $ 0.025 for a while. If the valid resistance of $ 0.045 breaks, we will probably move to the specified targets.
SC/USD WHEN IN DOUBT, ZOOM OUT!I've gotta say, i was starting to worry a little bit we might have seen the top for a while.
But when looking at the bigger picture we see that we are set to bounce off the 0.03 cent level
If you look at the orange arrows you can see we've been here before, we're retesting previous resistance and bouncing off the 50daily moving average.
The retest we're seeing now was right before the major altcoin rally in 2017.
Back then i didn't accumulate a lot of SIA yet because i just started to know the project.
Now i'm set up pretty well and expect to go above and beyond previous all time highs.
Why is that? Well first of all the fundamentals are very strong, SIA has one of the best layer2's in the whole crypto space and the project is way more developed now than it was in 2017.
Beside that, we also have acces to a lot more liquidity because we're traded on major exchanges now. Back then i could only trade on Poloniex.
So although i saw my portfolio decrease by a lot money last week, i'm still positive that this is not the end.
HODL!
Siacoin (SC) - April 22Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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(SCUSD 1W chart)
(1D chart)
We have to see if we can get support and climb in the 0.04042558-0.04305929 range.
If you move down at 0.03252445, you need a short stop loss.
However, it may rise along the uptrend line, so careful trading is necessary.
If it falls between 0.02198961-0.02462332, Stop Loss is required to preserve profit and loss.
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(SCBTC 1W chart)
(1D chart)
We have to see if we can get support and ascend at the 77 Satoshi point.
If you fall at the 62 Satoshi point, you need a short stop loss.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)