Siacoin
Siacoin (SC) Moving Above EMA50, First Time Since Aug.We can now see Siacoin (SCBTC) challenging and trying to stay above EMA50, which is the bold magenta line on the chart standing at 14 satoshis (0.00000014).
This is a very important level and staying above it can signal that the wait is over.
Many Siacoin fans, investors, and traders have been waiting for the moment this one takes off...
I can tell you that it is getting closer and EMA50 is one of those barriers that need to be cleared.
After this level is taken out, we can expect a new uptrend to form.
This uptrend can last for years... Think about that one for a minute.
Yes, it can take very long for the trend to change, from bearish to bullish, but once it does...
Just as we hit new All-Time Lows when prices are heading now, we will also hit new All-Time Highs when prices are moving up.
Multiple years of growth and then the final bull run...
Patience is key... We will have our turn.
Namaste.
Siacoin (SC) Trading SetupSiacoin ( SC ) is the native utility token of Sia , a blockchain-based distributed, decentralized cloud storage platform. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space.
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.
Latest news: 13 Jan 2021: Release of v1.5.4 marks an important chapter in Sia’s history - incorporating the Sia Foundation hardfork. Sia Foundation is a non-profit charged with developing & growing the Sia network.
You can also check my SC/BTC trading setup chart. I expect SC to have a strong bounce between 18-24 Jan 2021.
For details comment at any time!
Don't forget to follow and like if you find this helpful!
Looking Promising...The Green MA is higher than the Energy in all the near term group of timeframes and the Red RSI has made contact with the Green as it rises in the 1d, 2d & 3d indicating bullish sentiment. The Red RSI is also above 50 in this group of TFs. In the 4d the Red RSI has made contact with the Green MA as it falls which is bearish for that timeframe. We can see that the Energy has fallen below 50. However, from what I can see in higher and lower timeframes I think there is a good chance that the Green can turn up again.
The Green is also higher than the Energy in all the short term group of TFs too and the Red RSI is significantly above 50.
We're looking good against the BTC pair too.
Trade Safe
aBL
Short Term
SC ready for breakout!Siacoin ( SC ) is the native utility token of Sia , a blockchain-based distributed, decentralized cloud storage platform. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space.
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.
Latest news: 13 Jan 2021: Release of v1.5.4 marks an important chapter in Sia’s history - incorporating the Sia Foundation hardfork. Sia Foundation is a non-profit charged with developing & growing the Sia network.
Perfect entry zone is 11-13 with targets on chart. Good luck with this sleeping giant!
For details comment at any time!
Don't forget to follow and like if you find this helpful!
Siacoin is Underrated, Next Wave Up Opportunity!In regards to technical analysis, I seriously believe that Siacoin is underrated and has much higher bull run + gains ROI potential compared to some of its counterparts. This also has to do in part w/ chart patterns, sentiment regarding their network, and the hard fork. The support should pickup, and a retracement wave is possible from the previous bearishness wedge. Please keep in mind, everything I say is on an opinion based basis. Please invest at your own risk and do your own due diligence.
✳️Siacoin/USDT Analysis (16/1) #SC $SCSC has a hesitation in $0.0047 zone and if there is no more buying power, SC will fall to $0.0035 zone.
However, the thing we should be most concerned with is that the buying power in early January is very strong and very solid, so there may be strong buying force coming into SC in the coming time. So our main plan will be to wait for SC to close a 1D candle above $0.0049 to buy in for target at $0.0065.
📅NEWS
👉Feb 3 : V1.5.4 Upgrade Deadline
(twitter.com)📈BUY
-Buy: 0.0047-0.0049$ if A. SL B
📉SELL
-Sell: 0.0063-0.0065$. SL A
♻️BACK-UP
-Sell: 0.0047-0.0049$ if B.SL A
-Buy: 0.0034-0.0036$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Siacoin (SC) | It Is Just Consolidating Before, Up/BooM!Patience is required here, there, and everywhere.
This one is just consolidating also but it will make a huge jump once this phase is over.
I shared a chart recently for Siacoin (SCBTC) and many people are asking for updates... There is nothing to update here the chart remains the same.
As long as prices for SCBTC continue trading above 10 satoshis (0.00000010), we can simply wait, this is the accumulation/consolidation phase.
It can take a few days, a few weeks, just as it can take a few months... But once this phase is over it is usually followed by bullish growth.
Thanks a lot for your support.
Namaste.
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.
Siacoin support levelSiacoin huge support level ranges between $0.00397 and $0.00406. The chart with Fibonacci Retracement levels shows huge break down though the levels. Bitcoin is pulling the crypto market down ⬇️ (to give a tremendous 🚀 for #altseason2020)
Siacoin (SC) Good Opportunity, 50-300% Move ExpectedSiacoin is now at an all-time low price. All low satoshi coins pumping and SC is not moved yet. This is a great opportunity after IOST and ONE. We see a good moment in SC. A pennant pattern is forming and the coin is bottomed out. 20 sats is the major resistance and after the breakout, we see a quick pump in SC. Don't miss out SC.
Buy Zone: 11-12
Target: 15-17-20-24-28-34-39-44
Can we expect this?Hello traders and/or HODLers,
I can see very similar pattern to 2017 (just little bit shrinked due to BTC high value).
It is all happening again..BTC run, ETH run.. more alts will follow and low sat alts like SC will dominate! Even useless meme coin like DOGE jumped a little bit (just a small "woof!"). Sia can easily reach 100,200,300.. sat when bullrun starts. Just don't panic sell and HODL! It is the same like BTC - you just need strong hands and believe in it and boom! you are at 2x previous ATH.
Some trash "crypto" like XRP for example will die to make amazing utility coins like SC stronger.
Njoy the ride and feel free to send me some small SC tip once you buy your first five lambos or whatever.. ;) Cya at Maldives!
SC address: ba0d9880276f2e37ae8dc67d1922f1f9908b893e34eb3be174cce51a915c116fdbabce329cac
(not financial advice)
Siacoin 2 year inverse head and shouldersBitcoin is in price discovery. Last time it topped the capital rotation into alts was absolutely biblical. I rode this in 2018 and have be accumulating in this head and shoulders trading range for the past 2 years.
Right now we are teasing a breakout and should the 0.005 usd level hold, it will be the highest daily close in 2 years above this major resistance.
On top of that this company is a decentralized cloud storage company with a very active development team and an excellent product that is extremely competitive in cost and speed.
Possible Cup & Handle forming for Siacoin Hi all,
Main TA Points;
***
1. Golden Cross Formed.
2. Seem to have found support at the 61.8 FIB.
3. Descending triangle invalidated.
4. Breakout accompanied by strong volume.
5. Promising fundamentals.
6. Find bottom indicator as well as MACD suggest return to uptrend likely.
7. Ichimoku offering support as well.
***
Talking Points;
***
A promising project and team that has delivered a working product for some time. Fundamentally speaking a strong contender, and according to my estimations not at risk of SEC attention as they did not hold an ICO. Siacoin is not to be mistaken for Siafunds which are in fact securities and have been sold as such.
We recently had a significant break out early January with higher time frames suggesting that S/R flip has occured.
The current support of 61.8 fib does seem to be painting a cup. The fib retracement has been set from the high of August of 2020. The current local high has exceeded this. We could expect the handle to be formed as a retest of Augusts high and subsequent longs could be placed from the break of the neck line with stop loss just below handle at 88.3 fib as a guide. Example trade would offer 3.34 R/R ratio.
***
Estimates;
***
The run up to 1 US cent might have a retest of the 0.007 range, but short to mid term targets based off historicals would suggest as a run up to the 1 US cent range as the stronger resistance.
Price action expected to occur over the next 14 days.
Good luck,
***
***
Any trading advice provided has been prepared without taking into account your objectives, financial situation or needs. Before acting on the information provided you should consider the appropriateness of the information, having regard to your objectives, financial situation and needs. You should seek professional personal financial advice before making any financial or investment decisions.
All investment and trade decisions, no matter how well investigated, involve risk.
***
SC Almost At Rock BottomSiacoin is almost at rock bottom price here. A couple satoshi invested now could turn into a nice payout in the next few months to come. I will be putting a few Siacoin in my bag for this price. SC/BTC is definitely a pair to put on your watchlist.
Siacoin vs Tether USD Rising Wedge (135% Mapped)Here we have Siacoin (SCUST) in a rising wedge, it has been growing since March 2020. We will soon be talking about 2021 and 2020 will be in the past... Incredible isn't it?
In the last two weeks, SCUSDT managed to close above EMA10, EMA21, EMA50, and EMA100.
Last week we saw the biggest volume bar since February 2020... Both these signals are strongly bullish.
The RSI is at 57 weekly, which is also super strong.
The MACD is in the bullish zone.
We can expect to see Siacoin continue climbing within this rising wedge.
The next target is mapped at 135% based on the October 2018 high.
Before this one, we have a 60% target at $0.00565.
Siacoin vs Tether USD is looking bullish just like SCBTC.
Thanks for reading.
Namaste.
Siacoin (SC) add to your watchlistSC / BTC
As you see in weekly chart
Price try to break and hold above weekly resistance (Previous Support)
whales last few hours / days pumped alot of low satoshi coins ..SC one of them and in my radar
-Strongest volume start to enter since last August
-RSI also is Bullish
🚨 Invalidation : if SC falied to hold above weekly resistance (previous support) this can lead to strong bearish drop
Good luck 🤞
SiACOIN on a breakout! SIACOIN is on the verge of a massive breakout! After hitting its bottom SC is on the rise and wont be stopping anytime soon , get some while its still low. Thinking our ultimate Goal is around .00000300 before breaking higher.
SCLONG HODL until .00000064SIACOIN on the Daily chart looks like it wiill Touch 0.00000042 before a little consolidation and then a breakout for a new ATH of 0.00000064 . My advice? HODL until 42 , sell , rebuy at around 31 to 40 and then resell again at 64.
* ohhh btw when one or several of my ideas make you rich AF please feel free to inbox me for my btc wallet address to send a "pay it forward/gratefulness" tip. Positive VIBEZ! If you have a currency or stock you would like me to take a look at hit up my inbox! *
SIA Monster breakout coming3 orange lines - tested already
We are going to see a massive breakout anytime now, get your seatbelts on!
No Advice, just my cyclical point of view
