The only rational way is up!Hello, I decided to not draw any crazy lines, trends, moons or anything like that etc. I am sharing only long term view at SCBTC chart to see that SC cannot go much lower and with upcoming news, partnership, application and adoption I see only one way - up! (well, if BTC will go straigt to 100K than maybe we can dip a little bit lower).
I invest in SC because I believe it! If you do a little research, maybe you will start belive as well as Sia, Skynet, SkyDB is amazing and very similar to the King BTC (just in different area of application). There are plenty amazing things happening in the background and also plenty open doors with oportunities to be build on top of Sia. Adoption just needs time (it was the same with TV, Internet and other things which are very comon today). Altcoin market is very wide and full of scams, but Sia definitely is NOT one of that. Sia team is working hard with focus on their vision, roadmap and real world application and marketing was almost ignored during the develepment period. This may change soon as new marketing person was hired into the Sia team. SC is not only good investment (value will increase with adoption) but it is also great utility coin as it gives you very cheap way to store you data in fully decentralized way, stream your movies directly to TV or other devices or build decentralized internet => WIN-WIN.
check sia.tech, siastream.tech, siasky.net ...
Not an financial advice.
Siacoin
Siacoin (SC) Breakout, Potential 200% ReturnSiacoin gives a breakout on the chart. SC hit a new low for 2020 and pumped from there. Low satoshi coins are pumping and SC may follow them. This is a good opportunity to buy SC and make quick profits.
Buy Zone: 19-20 sats
Target: 23-26-30-34-38-44-50
Stop loss: 15
Time to buy siacoin ! i think 16-17 satoshi is best price now to buy siacoin!
target prices
1. 23 satoshi
2. 25 satoshi
3. 39 satoshi
SC Bounce or Break
24-25 sats previously was a great area buying area for SC, with BTC bulling and SC not doing anything not surprising at all that it broke down this zone to the next major area of support.
SCBTC has never fell below 15 sats, looking at order books, we have a lot of stacked buys from 16-10 sats , would be surprised if we break under 13 sats, but like I said with BTC bulling like it is would not be surprised at all. Also on the weekly chart you can see a 9 formed which is a buy 9 on the TI signaling a potential change of trend.
I think SC needs to bounce here or its a break , some coins will never come back after BTC breaks 50k, 100k, 150k..... Make sure your not holding those bags..
Let me know your thoughts. will be WAY more active now. New trading office ready and we back.
SCBTC formed bullish Butterfly | Upto 55% The priceline of Siacoin has formed bullish Butterfly on the daily chart, the targets as per Fibonacci sequence of Butterfly are:
Buy between: 0.00000021 to 0.00000018 btc
Sell between: 0.00000023 to 0.00000028 btc
Regards,
Atif Akbar (moon333)
SIACOIN its double bottom pattern is almost confirmed...With its Double Pattern almost confirmed this looks very bullish for SiaCoin.
But the RSI is sick. It went from long underbought to almost overbought in a 2 weeks.
Volume is good and strong but not outstanding. Next kind of resistance is around 50EMA weekly.
After a good close after hitting 40 satoshis this will be a good entry point to position size from.
Curious on how this will play out. Bull market started for a lot of altcoins like $LINK.
Bottom Feeder Trade off momentum and market structure.*Entertainment Purposes Only, not trade advice. DYOR
I really like the story behind this coin. Consistently in top 100 cryptos. On multiple exchanges. It does have a lot of outstanding coins though.
Reasons for trade:
Location it is between .618-.786 and at .786 off two different fibs (double entry zones) from most recent highs. It's near the bottom of its range from 4/2019.
To the upside, there are a lot of gaps, wicks, and huge potential.
It looks like an unconfirmed W might becoming in price action right in the entry zone, double powerful.
It has a couple MACD divergences, one of them confirmed. Most recently, MACD and Price converge.
There is volume starting to come in. Like the green bar action.
Multiple moving average confluence.
Willy has a cross and is coming out of oversold.
OBV crossed the EMA.
And there is market structure in the indicators: OBV, MACD, and Willy, and PA has a potential W brewing.
Double dojis on daily.
There is "saucer bottom" action for over a year.
Trade Entry:
Took fib off recent candle body (even though it hasn't closed) will try to sneak in a little pull back at 26 sats. Less than .05% of capital.
Profit Target: 52 Sats at a double, sell half my position. Potentially feed the market at parking garage locations drawn from fib extension if PA W confirms.
Risk: Willing to risk to zero.
BITTREX:SCBTC
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)
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.
SIABTC has completed bullish BAT | Upto 85% moveThe 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
Regards,
Atif Akbar (moon333)
Easy 50%+ Incoming For SiacoinSiacoin (SCBTC) is now moving back above MA200 for the second time...
Staying above this level will lead to additional growth.
We will see SCBTC grow as much as 50% in a matter of days ore more.
Conditions for change
If prices close below 0.00000023 daily, this chart setup becomes invalid.
Additional details on the chart.
Namaste.
Siacoin (SC) Going Straight Up!The falling wedge broke bullish and prices are now trading above the MA200 black line.
Siacoin (SCBTC) is likely to move up just as we saw in August after the July falling wedge.
The blue dashed line is our support which can be used as a stop-loss if you decide to trade.
Namaste.
Siacoin | You Can Never Go Wrong With This AltcoinSiacoin (SCBTC) just activated another support level...
You can't go wrong with this pair.
We are still in an uptrend and seeing higher lows.
We remain strongly bullish above 24 satoshis.
If 24 satoshis break though things won't be looking as good.
Prices moved below MA200 (black line) and now attempting to move back up.
The last time this happened we ended up with a higher high...
After three months of correction, we can potentially see some consolidation and then boom, another jump.
Let's see how it goes.
My main potential bullish scenarios are drawn on the chart with green arrows.
Namaste.
Siacoin Continues Strong... Patience is Key!I just shared Siacoin (SCBTC) recently but people keep asking about it, this is a famous altcoin.
Here it is...
The general perspective is 100% bullish.
We are now witnessing strong consolidation and all that is needed here is patience after you bought to let the chart fully develop.
Any chart/pair can take multiple months to move from one level to the next.
Here we have mainly two bullish scenarios for SCBTC.
One is straight-up if prices remain above support and EMA10.
And the other one is more retrace and later additional bullish growth.
The charts are always changing, so you need a plan if you are actively trading.
The way we trade is pretty simple... We buy and hold to later sell on target to collect profits... That's all.
Thanks a lot for your support.
Namaste.
Siacoin (SC) Will Test The Last Peak... or Higher! MUST READ!Siacoin (SCBTC) has been consolidating before it moves to test the last peak/high.
Prices for this altcoin pair can surely go higher, but if we look at the short-term targets and for a trading approach, the last high is more certain and also an easy hit.
How does it all works?
How can I make this assumption that prices are going higher?
After moving above the MA200 black line SCBTC peaked at 45 satoshis (0.00000045).
After this, a retrace followed and MA200 was tested as support.
As soon as prices hit the MA200 black line, we see SCBTC building up on bullish momentum and moving back above EMA200, EMA10, EMA100, and now EMA50.
We also have a strong RSI above 50, a bullish cross on the MACD, and hidden bullish divergence with the MACD when we look back at Sept. 2019.
We also have more signals based on candlestick reading, the Ichimoku cloud, and volume profile... Just to name a few.
When you mix all these tools together, you can get a very accurate picture as to what will happen next... BUT... A huge and big BUTT... 😂...
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast so...
We prepare for ALL POSSIBLE scenarios regardless of what the present chart is saying.
We are looking up, aim up, love up, and get paid when prices move up.
Now, we are not here to become attached to some signals coming out of a chart or our own bias, instead, we are here trading to get paid.
If prices move down and close below EMA10... We take it as a warning that things can change.
Conditions for change
If prices move and close daily below MA200, this set up is lost...
So as a rule of thumb, we use 26 satoshis as our stop-loss!
See how it works?
It doesn't matter how strong the signals are...
You have to have a plan, always, in case things go wrong.
And in my position, you can't ever say I was wrong...
Because I just read the chart for you but also prepared you in case the market turns.
Namaste.