SIA
SIA : SiaCoin - A fresh look : Bull & bear (key battle soon)SIA : SiaCoin - A fresh look : Bull & bear (key battle soon)
Last wee SC analysis on here got banned. @@ i may have swore too much.
Ok so here you can see whats been mulling around in my head, for where we are macro fractal wise. I like this as it highlights a potential price point for a bull / bear showdown where it would be good to risk off. if you have been spot riding this up.
Lots have gone super defensive here, but this i think is the ledge halfway up on the parabola there locally. Then decision point macro wise.
Long bear or sharp extraordinary bull continuation to climax.
*let us pray for the latter
Under his eye
Descending triangle ( Siacoin 1W )(( please read the description ))
Trading in the descending triangle is done for weeks, Is it time to leave the triangle to test the resistance.
Upcoming events:
If the triangle breaks upwards, we can hope to test the resistance again.
If the triangle breaks downwards, only the support line will prevent further downtrends
tip :
MACD (Slightly reduced sales)
The trading is above the MA 50 (blue line), one should hope for an uptrend and test the resistance Zone .
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
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* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
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*** pay attention ***
BTC is influential in all transaction
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SC SiaCoin - get ready for a 5Xim ready
looks like its doing some cup and handle stuff, some W stuff, and just now at a major resistance. Once this resistance gets broken, i think we will have a very quick 2x to 0.040
by the end of this crypto bull market, i think we can see 0.1
DYOR
i have been seriously wrong before XD
SCBTCOne of very important resistances (40satoshi) has been broken... the most important resistant in weekly time frame is 50-55 satoshi... breaking and stabilizing there have a great signal to growth. this ascending channel has been formed and we are relatively at the base
SIACOIN - SHOWS INTERESTING TREND FOR POSSIBLE HIGH Hello trading friends,
✅ Siacoin shows an interesting trend for an increase, but same time manage good your risk and add an Sl where you will be fine with it.
We will follow this coin next time to see or it gets confirmed some trends for an uptrend.
✅ we don't close out, that there will be a possible whale increase on it coming time.
Have a great day
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Manage always your risk, nobody knows the future - all depending on Data, trends, and whale effect
All our charts are not advice and you are responsible for your own investment
🎬To stay updated check always our last update.
SCBTCHeavy resistant in weekly time frame is ahead: 46satoshi. breaking out and stabilizing above this heavy resistant make targeting next satoshies easier: 55-58, 68, 76, 80, 89, 100-110
SIA- Next to Have a Good Run?Nice chart, very promising.
Despite the fact that SIA has not offered any 'headline news' recently, no big deals closed, no major announcements; it still remains a great project and at this stage I am looking to increase my stakes here as a good run seems higly possible
the FXPROFESSOR
PS. I still prefer SIA to Filecoin in this segment of the crypto market (file storage)
SIACOIN quickie 2This is follow up to the trade in related idea which ended with loss. I will be buying SC @ 0.02105, which is the upper edge of the support zone, as I expect the white falling wedge to be broken to the upside soon. Then we could see break up of the big yellow triangle which should lead to another upside move.
ENTRY : support @ 0.02105
SL : local low @ 0.0198
TARGET : resistance @ 0.0247
RRR : 3
INVALIDATION : when SL level hit
Like👍, follow✒️, enjoy📺!
SIACOIN quickieSiacoin broke up this triangle📐 so I think there is chance for run to 0.0252 and even higher. Setting BUY LIMIT order in anticipation of another dip to get in. Come on SC !🔥
ENTRY : local high @ 0.0218
SL : local low @ 0.0210
TARGET : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 0.0252
RRR : 4.3
INVALIDATION : when SL level hit
Like👍, follow✒️, enjoy📺!
SIA - Our Favorite Chart at This StageThe SIA coin chart looks bullish to us and just over support but far away from the projected resistance/target.
We have covered this twice before but if you need to know what is SIA coin :
Siacoin (SC) – one of the biggest P2P cloud storage platforms with a marketplace for cloud services.
Siacoin (SC) is a peer-to-peer (P2P) blockchain-based network that functions as decentralized cloud storage. It depends on network participants to provide storage services and rent excess bandwidth for Siacoin users as well as consumers. Siacoin users and network participants have the opportunity to rent storage space from one another in the Siacoin community. This option provides a more cheaper and efficient option when compared with centralized cloud storage providers.
Sia has a network capacity of over 2 petabytes (which is approximately 2,256 terabytes), as of 2020. It also has roughly 333 node operators actively securing the network. As of July of 2021, Siacoin hosts about 766 terabytes of files.
Siacoin Team and Development
David Vodrick and Luke Champine founded Siacoin back in 2013. At that time, both the developers were students of computer science at the Rensselaer Polytechnic Institute in New York. The duo first conceived the idea for a decentralized file storage network at a hackathon that took place at MIT in 2013.
The following year, David and Luke established Nebulous Inc., backed by $750,000 in funding from financiers such as Xiaolai Li and Procyon Ventures. Before working on Sia, David Vorick had previously worked on projects like the Bitcoin Core, which is the major software used by nodes on the Bitcoin network.
Asides from David Vorick and Luke Champine, who are still actively participating in this project, several other developers and executives have joined their team.
Sia’s public beta first launched in March 2015, and the launching of its live network came in June that same year. Since that launch, Sia’s team has been successful in raising approximately $6.4 million. Raptors Group, First Star Ventures, Fenbushi Capital, and INBlockchain back Nebulous financially.
CHECK OUR previous ideas below AND SEE HOW NICELY WE HAD DONE WITH THIS COIN BEFORE:
One Love,
the FXPROFESSOR
SCBTCSia coin-USDT is breaking out one of the most important resistant lines... It seems SCBTC is following SC-USDT pair. Sia coin has not much been grown this period of uprising market... a big pump is waiting for it. long term down trending line has been broken too... BTC dominance is low and we are waiting for inflow money.
Like and follow to have more updates
Sia coin - SCUSDTOne of the most important resistant lines is breaking out... Sia coin has not been grown this period of uprising market... a big pump is waiting for it. long term down trending line has been broken too... BTC dominance is low and we are waiting for inflow money.
Like and follow to have more updates.
Sia coin - SCUSDTOne of the most important resistant lines is breaking out... Sia coin has not been grown this period of uprising market... a big pump is waiting for it. long term down trending line has been broken too... BTC dominance is low and we are waiting for inflow money.
Like and follow to have more updates
SC coin... only for risk takersYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!