$SC Broke above descending channel..$SC Broke above descending channel..Retest happened,bouncing between EMA50/100 on the 1D
UCTS Buy signal on the 1/2D
Crossing above EMA100 can act as catalyst
RSI starting to rising & MACD rising slowly
Volume is ok
Potential targets 80/85/94
falling below trendline, cancels it.
#SC
Siacoin
SC out of the long falling wedge!Sia was forming the falling wedge for 110 days! Currently is SC out of the pattern. Price Action re-tested broken trendline and strong support and it´s ready on interesting pump.
BUY NOW: 71 sats.
STOP: 65 sats.
Targets are on the chart.
Good luck to everybody.
Siacoin (SCBTC) Breaking Resistance (Quick Short Term Update)We've been following Siacoin (SCBTC) for quite a while now anticipating its next bullish wave.
Siacoin (SCBTC) is a very stable altcoin and best it can generate really massive profits, moving up 3-5x easily in a matter of weeks when it starts to move.
Now, it hasn't been able to break above EMA50, which is the magenta line you see on the chart.
Each time this resistance was challenged SCBTC moved down.
EMA50 is being tested again and it is looking like it will completely break this time, which can send SCBTC flying up.
We have the MACD now at the neutral zone and trending up.
The RSI is sitting strong at 58.
Trading volume keeps increasing and SC is now trading above EMA50. Needs to close and remain above it in order for this signal to be confirmed.
SCBTC Tested 61 satoshis as support since the 2nd February and the level held nicely. Yesterday it touched 61 satoshis and today it is sitting at 67, a 10% increase and a high volume breakout above EMA10 and EMA50.
Siacoin is looking bullish again.
If the bulls follow up on this attempt at a breakout, you can check our FULL LONG TERM trade for Siacoin (SCBTC) here to trade it for profits (800% Profits Potential):
Conditions for change: If SCBTC moves down and closes below 61 satoshis, the above short term signals are invalidated. Still, a bounce is very likely to happen at the next support.
We remain bullish LONG TERM for Siacoin (SCBTC).
Thanks a lot for reading and remember to hit like...
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I do like me some Sia, shaken and stirred! 200-500% Ready UP!Guys, not a bear, accumulation phase! GET some SIA!!
This baby is ready to explode!!
Are you excited?! Are you ready, cause this going to be fun lol
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!
Thank you,
Ajion
Getting momentum....$SC Trying to break EMA50 for the 1st time since Sept18.
Many attemps have failed previously but this one looks good.
Volume has been increasing, Both RSI MACD rising. No UCTS signal yet.
Closing above EMA50 is key. Potential targets on the chart. I'll keep updating as always. #SC
There is a possibility for the beginning of an uptrend in SCETHTechnical analysis:
. SIACOIN/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001760 to 0.00001620). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001760)
Ending of entry zone (0.00001620)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
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TP7= @ 0.00002995
TP8= @ 0.00003640
TP9= @ 0.00004500
TP10= @ 0.00005680
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An old dogBy crypto standards, Sia Coin is basically Methuselah....in a hype driven altcoin market even technicals this sweet are still vulnerable to remaining unfulfilled by sheer disinterest.
With a recent listing on Huobi however, and the sheer R:R of this situation, it's hard to deny the case for pure greed to catalyze some upside action. If Sia is merely dormant instead of dead, then the next few days will see it come to a decision point based on TA.
Not advice, financial or otherwise. I can't even read.
SC/BTC - Long termOverall chart looks good.
SC is trying to break the 50 DMA. And the 7 EMA could potentially cross the 50 DMA, which is a bullish signal. Last time when that happened we witnessed a serious uptrend. Do the back testing by yourself :)
First target is the 0.618 fib level.
Give a like if you liked this TA.
Siacoin accumulation + volumeNow that crypto seems to have find it's ground, for now at least, its worth paying attention to these charts. Trading within range + volume coming in
Siacoin (SC) - Bullish Divergence (1D)Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
Siacoin is one of those low market cap coins that tend to just surprise you out of nowhere. We've seen some bullish divergence forming here and it's difficult to say if this is the bottom because honestly at ~60 satoshi it's pretty cheap.
These tend to be high risk as a single satoshi price change can mean so much percent deviation. You've got to keep tight stops but I think there's a decent trade setup for SC BTC right now. Super tight stop at 60 satoshi gives you 2 satoshi leeway which isn't much but there was a decent reaction down here once before. If we break 61, then there's more downside potential but if we bounce (maybe you'd like to wait for a higher entry on a confirmed bounce) we could be heading higher from here.
The 50 daily moving average looks to be holding the price down so if you take this trade you should keep an eye on that. It's sitting around 68 right now and the 200 daily moving average is around 85 so absolutely do not expect a break of 85 in this trade... especially as days move on.
Trade safely friends!
<3 -CE-
SIACON HITTING NEW LOWSHi guys,
I created an alert that would trigger when volume spikes on SC/BTC, because I know and when that happens is a great buy opportunity.
Guess what, it happened just one hour ago, so I'm sharing it with you guys.
Furthermore, 63-64 sats is close to All Time Low so there is no much risk.
Enjoy!
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