Siacoin (SC)Siacoin is one of the first pioneers in the field of blockchain-based distributed decentralized cloud storage platforms. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space. As can be seen, in the past, SC has grown a lot. SC has been oscillating in a huge triangle pattern. Recently, it seems SC has started an upward wave; could this wave be the one that breaks the huge triangle pattern upward? Let's see what happens.
Siacoin
is 270% really possible?SC/ETH is like LSK/ETH a rarely looked trading pair but both have good potential to outperform.
Take care those are very high risk trades i am willing to enter and throw some ETH into.
As the past activity shows the % of upthrust are enormous and indicators leading into such mania could be around the corner.
Trade safe and no trading advice
Siacoin to target 0.02005Daily chart, the crypto is trading in a rising expanding wedge, and just rebounded from the support line S.
I see the target is hitting the Resistance line at around 0.02005
Tech. indicator RSI is positive in the buy zone.
Stop loss should be considered - below the SL line (as shown on the chart).
Siacoin (SC) completed setup for upto 13.50% pumpHi dear friends, hope you are well, and welcome to the new update on Siacoin (SC) with US Dollar pair.
Previously we caught almost 75% pump of SIA as below:
Now on a daily time frame, SIA has formed a bullish BAT move for the next pump.
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.
SIACOIN ALL TIME CHARTAfter embedding the all time chart of Siacoin from CoinMarketCap, I believe that the coin has been in a triangle since 2018.
Most of the classic coins have the same view or similar that they're in historical triangles.
I believe BMV:SC should find it's way to a new all time high within the next few years.
SC/USDT Bullish Potential from Support Zone? 🚀SC Analysis💎 Paradisers, it’s time to focus on #SCUSDT, which is currently showing an intriguing pattern in the market. Positioned in a key support zone, it is lining up for a possible bullish advance.
💎 As we have seen price of SET:SC is approaching key support $0.005928 if price successfully sustain momentum there is great probability it will plan bullish move .with sustain upward momentum after retest of this level it aims to target above strong resistance$0.023106.
💎 However, in the unpredictable world of crypto trading, being prepared for various outcomes is key. If #SIACOIN finds difficulty maintaining its level within the support zone, a strategic shift may be necessary. This shift could involve preparing for a bullish resurgence from a lower support level at $0.004287. Caution is advised, as falling below this support level could signal a shift towards a bearish trajectory.
MyCryptoParadise
iFeel the success🌴
SiaCoin actin like it wants to trigger an invh&s breakoutIf it validates the breakout on the current breach of the neckline the measured move target is about 2 and a half cents. Nice to see SiaCoin actually doing something for once, been a long while. Must be a true tell sign the bull market is back. *not financial advice*
SiaCoin (SC) is starting something huge, 658% profitSC is starting a huge uptrend, and we can see that the most important resistance zone is broken. So I have to tell you and inform you about it. The next stop is the 0.618 FIB, and after that, the previous all-time high. The downtrend ended with a pretty nice trendline, and we made a symmetrical triangle at the bottom, which is a very bullish sign. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
According to its whitepaper, the long-term goal of Sia is to compete with existing storage solutions. It sees itself as being in direct competition with major cloud storage providers such as Amazon, Google and Microsoft. Because of its decentralized nature, Sia is able to offer competitive storage rates.
Files stored on the Sia network are divided into 30 encrypted segments, with each segment uploaded to a unique host for redundancy. The agreements between uploaders and hosts are recorded on Sia's blockchain and enforced using smart contracts. Siacoin acts as the method of payment on the network, with renters paying hosts using SC, and hosts locking SC in smart contracts as collateral.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
SC/USDT bullish continuation from key support?👀🚀SC Analysis💎 Paradisers, focus on #SCUSDT as it’s currently exhibiting an intriguing market pattern. The asset is showing signs that point towards a possible bullish movement from a significant support level.
💎 Recently, #Siacoin faced rejection at the resistance level of $0.008155. Currently, if it manages to maintain its momentum at the key support level of $0.005809, we could be looking at a potential bullish continuation from this point. Adding to this bullish outlook is #SC strong momentum above the EMA, reinforcing the possibility of a continued upward trend from the support.
💎 However, should #SC fail to uphold its stance at the $0.005809 support, we might need to shift to Plan B. This alternative scenario would involve anticipating a bullish rebound from a lower demand zone at $0.004939. Importantly, if it breaks below this demand level, it could signal the start of a downward trend. 🌴💰
SC/USDT Bullish Potential in Demand Zone? 👀 🚀SC Today Analysis💎Paradisers, gear up for a promising opportunity with #SCUSDT. The asset is exhibiting an interesting pattern, trading in a demand zone, which suggests a high probability of an upward movement.
💎#Siacoin has consistently followed a descending channel pattern, breaking above it to initiate an upward trend. Currently, after facing rejection at resistance, it's regaining upward momentum while trading in a demand zone, indicating a significant chance for a bullish movement. With its sustained upward momentum, it is aiming to target supply levels at $.005822, and may even push further to challenge higher supply levels at $0.007088.
💎Additionally be prepared for a potential bullish resurgence from the demand level of $.004004 if #SC struggles to maintain its upward trajectory. A fall below this level, however, could raise concerns about the continuation of the bullish trend.
💎 In this fluid and changing market landscape, strategic planning and intelligent decision-making are essential. Developing a comprehensive trading strategy that includes effective money management and an in-depth understanding of support and resistance levels is crucial for achieving successful trading results. 🌴💰
SIACOIN/USD Cycle Analysis >>SIACOIN 1w Cycle Analysis<<
✨I've divided the periods on SC(sia) into 4 parts.
It's clearer with the colours.
We seem to be experiencing a repeat of the same.
✨The first downtrend on Iota lasts 798 days.
The peak we're seeing now is 910 days past the peak.
We have green BULL CHANNEL in both trends
🎪 1> Yellow Zone (TOP)
🎪 2> Blue Zone
75-week moving average (75w SMA) test and down
🎪 3> Prurple Zone
🎪> Level 4
Last accumulation and bottom part
I think that it will now exceed the 75-week moving average in the near future and the uptrend will begin.