Siacoin Ready To Boom? This Is What I SeeTake a look at the green arrow on the chart, something like this is what I see coming soon for Siacoin (SCBTC).
We've shared many trade ideas in the past for this altcoin pair, the prices now are as good as they are going to get, then the average will be 3-digits+.
This one is good for holding long-term as well.
This is not financial advice.
Namaste.
Siacoin
Siacoin Will Continue To Grow, Solid ProjectAs you might already know, Siacoin is a strong altcoin project and one that has a real working product with a very good team behind it, in February the bulls finally took control.
We are active with SCBTC (Siacoin) with 6 targets hit already and over 111% of profits collected... You can see it below:
Now, prices dropped after a peak of 0.00000039 on the 18-Feb.
Support was found at 0.618 Fib. retracement, followed by another drop that hit just above 0.786 Fib at 0.00000021 or MA200.
MA200 was conquered and tested as support. If prices can remain trading above this level, we will see another strong bullish move soon for Siacoin.
Namaste.
long SC targets is really amazing
i published my idea for short targets and this is long targets
what's your idea about targets ? do you think Sia can do it
History repeats itself
Siacoin Can Do More (Short-Term Move Mapped)SCBTC (Siacoin) is now gaining momentum while moving higher and has room available for more.
Our next target is sitting at 39/40 satoshis before prices start to retrace... This price has already been hit on Binance, so we are likely to see the same happen here... Our next target is marked on the chart.
News updates
Sia Announces Skynet, the Storage Foundation for a Free Internet
"Nebulous, developers of the Sia network, has launched a content distribution and file sharing network
According to Nebulous CEO, Skynet offers lower storage costs and higher speed, and has advantages over both centralized solutions like Amazon Web Services and the InterPlanetary File System (IPFS)."
Source:
blog.sia.tech
www.theblockcrypto.com
sia.tech
Namaste.
Previous analysis | Jan 13, 2020 | SCBTC (+111%)
Siacoin Breaks EMA100 | Readies For 300%+It is looking pretty obvious now... Siacoin (SCBTC) has been trading at its lows for months... A bullish wave took place back in Sept/Oct '19 but then the accumulation period continued to go.
Now, we have Siacoin trading above EMA100 (purple line) for the first time since Oct. '19, when it lasted less than two weeks above EMA100...
Before that, we have never seen SCBTC trading above this level.
Conquering EMA100 (0.00000020) now would send out a strong bullish signal and tell us that Siacoin is ready... Ready to move, ready to grow, ready to generate profits!
Namaste.
Previous analysis | Siacoin Challenges Resistance, Almost There |Patience, Easy 130%
Accumulate SCI think SC (SiaCoin) is a nice coin to accumulate. It's listed on lots of well known exchanges, including Binance.
It's an active project, has been going through a nice shakeout period and is now being accumulated in the 20's range. Had a slight dip below to 16-18 sats, which reminds me of Doge, DGB, ... in the old days.
Imo, buy low 20 to high teens and just hold for a while. Will probably be an easy double when the time is right, and imo could run up to 80-100 if altcoins really kick off.
Sia Coin need support to move to next targets BINANCE:SCBTC will target 59 satoshi but need some support
i hope it will go next days to newtargets
just hold
sure it's good price for buy now
Crypto BulletinThere is some activity in the Cryptocurrency Market.
Litecoin was one of the first moving instruments in the past time.And we had a start to keep us vigorous ! (On Related Ideas)
Weekly closing value before Monday is very important.
I do not expect a major reaction from the minor instruments such as Siacoin and Stellar, which have places to go, even if there is a permanent response, and we catch them.
If they achieve the necessary achievements, we will definitely talk about them in detail!
The priority on Bitcoin does not include a good Risk / Reward Ratio on the weekly chart, we need to get down to smaller time frames and take some risk.
Then, respectively:
I'm going to observe Ethereum, Ripple (which doesn't take place here because of so close it's resistance), Stellar and Siacoin.
Let's take a look at the first minutes of Monday.
Positive scenario :
If bull market continues, I'm waiting for the first move at the Ethereum and then at Ripple.
Under favorable conditions, we examine each Cryptocurrencies individual and specific support and resistances.
Let's wait and see,regards !
Sleeping Giant (long-term analysis)~ Sia, decentralized cloud storage built on the blockchain.
I believe this to be one of a small handful of cryptocurrencies that have actual real world use.
It provides decentralized data storage at prices that other centralized cloud storage providers can't compete with.
During the Ethereum mining bubble, some software allowed for dual-mining, making it possible mine extra coin while mining Ethereum.
SiaCoin is one of the coins was mined to squeeze a little bit of extra profit out of machines.
I speculate that this has resulted to a good amount of lost/unrecoverable coins.
~ My long term view for SiaCoin:
Right now price is threatening to close above the 21EMA.
If price closes above the weekly 21EMA, likely see price move to 55EMA over time.
And evaluate from there if a bullish trend forms (higher high, higher low).
~ If you would like to see more, monthly, possibly weekly analysis please show your interest by following me/liking this post.
> This is not financial advice, I'm not a financial advisor. <
Sia Coin /Double bottom 2X -10X potentialSiacoin has accumulated at around 16 satoshi for a few months with a peak to 21 then more accumulation at 16 satoshis. This is an indication of a double bottom with an extremely solid support indicating the bearish trend is now over with bullish signs in the future. 21 satoshis is the 1st real test once broken out of that resistance the market is confirmed bullish. at the take profit points you can expect minor retracements but overall the market will be bullish!
SC/BTC The level of the local minimum. Descending wedge. PointsThe price has reached a local minimum.
A cup . Descending wedge . Potential double bottom formation. (upward movement to the local maximum level of 27-30 satoshi)
Entrance
1) on a breakthrough or pullback after a breakdown of a downward line of a local trend (wedge resistance). You also need to understand that after a breakthrough, lateral movement may begin.
2) Above the level of 30 satosh if the price is fixed above this level.
Target
1) Downward wedge + 80%
2) If the price is fixed above 30 satoshi - the potential is 75-150% of this zone, or + 300% of the entrance now or at the beginning of the upward movement from the local minimum.
Stop loss
Under key support levels during your entry into the market.
Siacoin (SC) coin work. Pump coin. Pivot points.Entry points with minimal risk and maximum profit.
Strong development team.
The lowest price since the beginning of 2016!
Siacoin pump coin is very strongly merged. The coin is old since 2016. Pumping coins occurred on dozens of X (thousands of percent). Coin has a very strong development team.
Target shown on the chart are local, in the medium term. Coins can be pumped up hundreds of percent when the trend changes to an upward one. But, at the moment, the coin is in a downtrend. Therefore, it is preferable now to work with small local goals, which I showed on the chart.
The chart showed potential entry points with minimal risk and large profits.
1) entry point. If the price fixes above the resistance of the cup. First potential + 75%.
Stop Loss - under the cup support line (which is now the resistance of the cup).
2) entry point. If from these values the price drops to the previous support and the minimum price value of this trend, then entry into the market only with confirmation of support.
Stop Loss - under the support line.
Siacoin Challenges Resistance, Almost There |Patience, Easy 130%Siacoin (SCBTC) hit 19 satoshis today challenging EMA50 for the fourth time in just 1 week... This is the level to break if SCBTC wants to grow and move higher.
As you can see on the chart, the black trendlines have been conquered and all that is left for a strong impulse move is a break of EMA50 (green arrow).
If EMA50 can't be conquered, we will see prices go lower (red arrow) before another strong jump (blue arrow). So regardless of what happens, we remain bullish while trading around support in this setup.
Stay tuned... Siacoin will produce massive gains in 2020 and beyond.
Namaste.
Siacoin Support Holds | 111%+ Move Now PossibleSiacoin (SCBTC) hit a low of 17 satoshis back in September 2019. This quickly led to a strong bounce which produced a bullish wave that peaked at 30 satoshis.
More than 4 months later, this 17 satoshis support is taken out and a new low is hit at 15 satoshis, but prices quickly moved back up giving us a weekly close at 18 and prices are now trading above EMA10. These are bullish signals.
We also have a falling wedge pattern on the chart. Once the black trendlines are broken, we can easily see Siacoin moving higher, the main target is sitting at 39 satoshis.
Thanks a lot for reading.
Namaste.
New low for Siacoin! Not sure how to predict. But possibly a short term correction is about to happen. We hit a new low of 15 sats. Major room for growth. Riding bottom of bollingerbands. Hard to say with BTC being all crazy as per usual. =P
Hopefully we get another altcoin bull run soon