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Siabtc

SCBTC formed bullish Butterfly | Upto 45%Hi friends hope you are well and welcome to the new update on Siacoin. On the daily chart, the price action of the Sia has completed final leg of bullish BAT and entered in the potential reversal zone. Buying and sell ranges: The buying zone starts from 0.786 to 0.886 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 . Stop loss: The maximum extent of potential reversal zone at 0.886 Fib level can be used as stop loss. Possible profit and loss ratio: As per the above targets, this trade has a profit possibility of 160%, and the loss possibility is 45% and the loss possibility is only 8.5% Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
SLong
by moon333
1
SCBTC a super bullish setupHey friends hope you are well and welcome the new update on Siacoin. Price action of SC is moving in a down channel on daily chart. And every time after reaching at support it has rallied up to the resistance. At this time priceline is again likely to have bounce from this support and forming double bottom as well. On daily chart the price action of Sia coin is also crossing up the exponential moving averages with the time period of 10 and 21. Now EMA 10 is moving up to form bull cross with EMA 21 that will be very powerful bullish signal. On weekly chart the priceline is getting bounced from 50 simple moving averages support. Before this price action was rejected by 100 SMA, therefore it can be expected that after this bullish bounce it can again reach at 100 SMA which is at 0.00000036 btc at the time of writing. The priceline of Siacoin has formed bullish BAT on the 2-week chart. The targets as per Fibonacci sequence of BAT are: Potential reversal or buying zone: 0.00000024 to 0.00000021 btc Fibonacci projection or sell zone: 0.00000030 to 0.00000039 btc Conclusion: The price action of Siacoin has completed harmonic bullish move. The price action also has good supports of 50 simple moving average on weekly chart and EMA 10 and 21 supports on daily chart. The SC is also getting bounced from the support of a down channel on daily chart therefore we can expect a bullish rally soon. However the potential reversal zone of BAT should be used as stop loss. Because if this PRZ level will be broken down then the price action can move more down for the completion of bullish Crab pattern.
SLong
by moon333
Ascending Trianle (Short term 150% profit potential)5 reasons to go long on SC. A very clear ascending triangle pattern which can potentially help SC to break through a long term resistance line (denoted with the hammers). An ascending triangle is a bullish continuation patters and the fact that the price is hitting the supply line (diagonal line of the triangle) means that the perfect entry might be right here. Volume is diminishing when the price crawls closer to the end of the triangle, but can gain very quickly in a bullish market. In a bull cycle money will flow from BTC to top 10 altcoins (been there (ETH, XRP, LTC etc.), then to mid-top altcoins (next/now) then low marketcap altcoins (thereafter). Once it breaks out of the triangle there is lots room for growth. Please, let me know in the comments what you think of the idea and check my very early prediction for breaking the long term resistance line of BTC as well and follow me if you go long for updates.
BITTREX:SCUSDLong
by CryptoMoneyGang
SCBTC likely to complete final leg of bearish Shark | Upto 4500%The price action has found strong support at 0.00000016 btc on long term, therefore I have defined the PRZ up to this level and it should be stop loss for this long term high-risk high-profit potential trading idea. Potential reversal zone: 0.00000081 to 0.00000016 btc Secure sell targets zone: 0.00000265 to 0.00000528 btc Aggressive sell targets zone (Up to the completion of the final leg leg) 0.00000606 to 0.00000739 btc Regards, Atif Akbar (moon333)
Long
by moon333
6
SCBTC forming bullish Shark | Upto 142% Move aheadHi friends hope you are well, here I have found another profit potential trading idea for you and this time on 12 hour chart the Siacoin (SC) is forming bullish Shark pattern and soon it will be entered in potential reversal zone to move up. The Pattern: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B Fibonacci projection area and last leg (C to D) should be retraced between 0.886 to 1.13 Fibonacci then the priceline will be ready to take bullish or upwards move. Buying And Sell Targets: The buying and sell targets according to harmonic BAT pattern should be: Buy between: 0.00000018 to 0.00000014 Sell between: 0.00000023 to 0.00000034 Stop Loss: The potential reversal zone area which is up to to 0.00000014 can be used as stop loss in case of complete candle stick closes below this level.
SLong
by moon333
2
Why I'm Betting Long on SiacoinFirst off, don't take anything I say seriously, as this is on opinion basis. That being said, let us get into my insights. 2018, I was pretty confident on Siacoin, and short target-wise, it wasn't that bad. It reached a peak of being in the top 50's, top 30's list for cryptocurrencies. However, Siacoin have went down to #64 and is a dramatically lower price compared to its peak. Yes, the crypto market crashed. However, in comparison it haven't met many market expectations. That being said, Siacoin has potential. People seem to be adopting "Proof of Space" algorithms, and the demand for Siacoin's tech seems to be increasing in that manner. Also, it seems like it does have a potential for a bull run this quarter. It is medium to high risk based off of some of its past performance, but I would say it is closer to medium risk rather then high given the nature of other altcoins out there. Siacoin does have some merits usecase wise, and it doesn't seem to be a bad cryptocurrency or blockchain company. Infact, it is worth being on your watchlist.
Long
by gamer456148