SC/USDA closer look at the W forming in SC/USD, breaking down my weekly chart idea in the daily chart, providing purely speculative price targets based on R&S (resistance and support) line intersections. Obviously, the technicals(10&20 EMAs) point to an uptrend, trading with the trend puts you in a long, buying or adding to positions on the dips. Fundamentals look nice for a trend continuation, as some devs have even mentioned officially that big things are happening in the month of November.
Hoping to put a video on youtube, further detailing this analysis.
I am not directly compensated by anyone. The only crypto I currently hold SC(for the possibility of a Skynet pump). The only stock I currently hold is SWBI (for the election cycle..... charts don't lie)
SCUSD
SC ready for the next legs upSC has built a new base price of 26-27 sats and is preparing for the next legs up. 2 target points are from the last supports of approximately 40 and 66. The current base looks like a BUEC high-percentage long play.
Current important news around SC:
1. Currently Sia is doing its 3rd hackathon, which has brought tons of new developers into their ecosystem.
2. New partnership with Namebase which allows internet addressable links directly to their skynet. An example is this link: siasky.net (A decentralized token swap utility). This partnership is highly important as it allows skynet to become a complete CDN for all internet content (think decentralized internet and completely censorship-resistant)
3. The release of software 1.5 which adds additional functionality to skynet such as a. 100x improvement in user traffic, developer incentives built into skynet, Equinox software improvements that drastically improves the renter's experience.
Sia is one of the few projects in the crypto space that has a real use case, has a working product, already has commercial companies using it and is quickly gaining global users and partnerships. Sia already has everything in place to create a fully decentralized internet. The time to own this is is BEFORE it takes off like a rocket.
SCUSD - Potential 20-80% upwards moveSCUSD
BTC pair has been falling down
USD hasn't been moving much
I think SC will make a big move soon
No idea when the Coinbase listing will happen
SETUP:
Entry: 0.0037000c+
Stop: 0.00337673c
Target: 0.0045c, 0.007c
Potential to make 20-80% upwards
SC/BTC (Bounce at 200D MA Support?)SC/BTC
-After the Double Top reversal, the price has dropped back to the 200D MA
-The area where the 200MA located is a confluence of the key support zone
-If Siacoin can hold current price market for the next 3-5 days
-There is a high chance to see a strong reaction bounce up to 35 sat
-Bearish side, break below trendline support will lead the price down to 20 sat
scusd day analysisVirtual money has high profits and high RISK. THIS IS NOT AN INVESTMENT PROPOSAL. My personal opinion.
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Abundant earnings
SCUSDT forming bullish butterfly | Upto 170% move expectedThe Priceline of World's 72th ranked cryptocurrency out of more than 2300 cryptocurrencies Band Protocol Siacoin (SC) is forming bullish Butterfly pattern and expected to enter in bullish potential reversal zone soon.
Lets have a look on the Sia priceline's move:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.786 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B leg's Fibonacci projection and final (C to D) leg is suppose to be retraced between 127 to 1.618 Fibonacci for a perfect bullish Butterfly and then the price action will be entered in potential reversal zone of this bullish Butterfly pattern, then we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: $0.00113053 to $0.00077098
Sell between: $0.00140711 to $0.00208915
So this chart has potential to give upto 170% big gains.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Butterfly pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
SIACOIN (SC) STEADY BULLISH MOVESIACOIN/BITCOIN IS ABOUT TO TAKEOFF WITHIN A WEEK OR MIGHT BE TWO.
KEEP AN EYE ON IT.
SCBTC 89% Profit now and still chance for upward so What do now?#SCBTC 89% Profit Update:-
#SC blasting Guys.
Hope you all are very happy with analysis and also You learned Power of Patience Like me.
#SCBTC I told you to Buy between 24-26 satoshi and my 24 Satoshi bid also filled that Time.
So now went upto 45 Satoshi which is 89% Pure Profit.
Still #SCBTC Trading at 42 Satoshi.
Hope you very happy with our analysis.
Now Guys if You still Holding then i will suggest you to sell 50% #SCBTC here and book profit.
Because Market is very Volatile so Secure profit is Very Important.
Still more room for Upside but depends on BTC price.
Please Guys LIKE and Appreciate me for My hard work.
And Must follow me for latest crypto Updates.
Thank you.
SC/BTC (Uptrend Resume?: over 40% profit target)SC/BTC
-breakout of local resistance
-broke above 50ma on daily chart
-new immediate support at 21-20s
-upside potential is up to 30s
-stoploss below 18s
SC / USD (Siacoin) Dragon. Price at the trend fracture zone.On the SC / usdt (Siacoin) pair, the Dragon formation was formed. It will be confirmed when the price breaks the downtrend line (dragon ridge). Now a breakdown is taking place.
ENTRANCE
1) on a breakthrough or pullback after a breakdown of a downtrend line (resistance). It is very important for price growth that the price consolidates above the downtrend line.
2) Above the hump level, if the price fixes above this level.
3) In cases where it is not possible to break through the price and consolidate above the downtrend line - the entrance from the zone near the local minimum price when confirming support.
TARGET
1) The level of the hump of the Dragon.
2) The level of the head of the Dragon.
3) In cases where it is not possible to break through the price and gain a foothold above the downtrend line - the target is a zone near the local minimum of the price.
Stop loss
Under key support levels during your entry into the market.
Perhaps we are now in the zone of fracture of the main trend and the emergence of a new uptrend.
It is worth noting that these are local first targets in a trend reversal. With the reversal of the main trend, the price increase of such a cheap coin can be hundreds of percent. This has been more than once.
TEAM and PROJECT
Siacoin is a pump coin with a very strong team and a real product that maybe no one needs, but it is still real. And this has a huge advantage over various scams. The downside is that it is a relatively old coin, and as a result there were many pumps and maybe there are still many passengers who, at any price increase, will get rid of the coins, thereby preventing the price from moving up. But let's hope that the 2 year dump “killed the faith in the project” and forced them to sell coins earlier.
NEWS + tracking prices.
It is also worth noting that today there was news and a major update: Sia launched a beta version - Sia v1.4.2.0. siastream.tech Includes: a new notification system to inform you of problems, the implementation of FUSE to mount Sia as a disk and significant corrections for processing contracts.
Notice how the news adjusts to the price chart. Today is precisely the moment when the price was to break through the downtrend of the local trend. Coincidence - there can be no coincidence in a fake world. Coincidences are planned actions disguised as randomness.
These are just 3 of over 20 big updates. Accompanied by prices in an uptrend.
Siacoin / bitcoin
Also, please pay attention to this coin paired with bitcoin. Looks great for growth.
SC/BTC The level of the local minimum. Descending wedge. Points
SC/BTC TA Update (Painting Bullish Pattern?)SC/BTC
SC is back from key swing Low support area, the price just barely wicks two candles below 16 sats but immediately bought up. SC still respecting this bullish descending channel.
If SC can hold this level for at least a week. There is a chance it could break to the upside to challenge the 200 Day MA dynamic resistance area.
SC/BTC TA Update (Retest 16 Sats?)SC/BTC
SC coin is trading just within the previous Swing Low at 16 sats.
SC keeps respecting the downward trend-line resistance coming from the 30 sats area.
If SC will keep falling, I would expect a potential retest of 16 sats for a tendency of Double Pattern reversal.
SCUSD BREAKOUT - LONG SET UP AND S/RBeautiful resistance trendline breakout with volume. Look how EMAs try to cross bullish. We have all the indicators on daily on the bullish side:
- MACD signal line crossing ZERO upwards.
- RSI over 50 after a long time. Now we look to RSI instead of stoch, because ADX is on trendy side.
- ADX DI+ is dominating in an bullish trendy way.
We have our green rectangle support area confluence of: EMA + Fibonacci level + S/R
We have our resistance red rectangle (ultimate target) confluence of: FIBONACCI + S/R + EW.
Not advice, It's just my journey! have a nice Sunday.
Does anyone SC(ee) this? SC/BTC Potential Trend ReversalHello everyone, I hope you're all doing well.
The end of the crypto winter is quite close and multiple indicators are showing some major altcoin recovery that will happen in the near future.
Eventhough, the downside on some altcoins might still happen, I would like to showcase one of the altcoins that has potentially hit its bottom and might do a trend reversal on a Shorter and Longer time frame and that is Siacoin (SC/BTC).
SC/BTC is looking to be in the very good spot as it has hit its crucial Support/Resistance that has been important for it throughout its history and this is 26 satoshi price level.
As it can be seen from the Chart that is posted, SC/BTC has failed to close a candle beneath a 26 sat price level for more than a month, ever since this price level has been tested. It has successfully bounced more than 8 times from this price point indicating that this is a very strong and important Support for Siacoin.
The EMA 50 and EMA 200 have been looking excellent on 4 hour candle indicating that there might be a potential crossover which could indicate a short trend reversal. Ichimoku cloud supports have been pierced which means they also represent a short term support at this levels.
Regarding the weekly chart, Siacoin SC/BTC is looking extremely oversold on RSI which indicates a good opportunity to enter.
Short term targets are:
40 satoshi
60 satoshi
Long term targets are:
100 satoshi
120 satoshi
200 satoshi
260 satoshi
300 satoshi