Siacoin
Siacoin looking for an opportunity to buyJudging by the schedule, we can reach the bottom by the end of March, about 60 sat. There are risks of reversal, but I think that will come.
Be patient, just don't buy in the fall. Look for areas of consolidation and trend reversal then you can enter.
I think SIA is a sleeping giant who can Wake up powerfully.
P. s. it's just my idea, not a guide to action.
One Last Chance to Short SiaShort or Long... you decide, but it doesn't look good for SC right now. The red diagonal resistance lines are pushing it into a long term consolidation. I would guess we test that blue diagonal resistance line once more before dropping to level off for a bit prior to a slow bleed back to the mid 50 satoshi mark. This will be the third time something like this plays out if it does. Short now, check back mid summer. Keep in mind that technical analysis aside, a new batch of Bitmain A3's is hitting the market this week and people will want to pay them off asap (i.e. dump everything they mine).
Not investment advice, good luck if you trade this idea.
SiA (SC) : 4H Chart : ~700% Potential ProfitSiACoin's been practicing a slow & steady approach for most of it's time on Bittrex.. With the exception of its breakout..
It was unstoppable.. Let's hope that performance is repeated very soon..
~700% Potential Profit..
As always, I cannot say how it will get there until it starts, but I'm pretty certain it will get there..
Charts are indicative of potential, not concrete 1st targets.. The target line MUST be reached before it can reverse it's trend or significantly move sideways..
Time requirement for targets to be met are undefined and difficult to project in advance..
Reasons may vary, but mainly (imo) it depends on whether BTC is bullish or not..
This is not investment advice, merely my personal opinion and therefore fallible..
Trade safely..
I don't accept responsibility for any losses incurred, but will however attempt to guide you out of a bad trade, should that come to pass as a result of my posts..
Sia Coin: Desire to Inspire on the way to the moonMaintaining the .618 on my Fibonacci, Sia currently rests on a long-term support line that it’s previously broken twice before on the 1-day chart. Looking into the future Sia could rise from here to .236 with the possibility of feeling significant resistance just below .382. Alternatively, falling through its current support line Sia Coin could drop down to the .786, a great place to buy before bouncing back up to .618 and feeling resistance just above there.
Sia Coin desires to inspire with CEO David Vorick being quoted as saying, “the desire to inspire is, in itself, an inspiration for me.” Are you inspired to buy and grow this platform? This post is by no means a guide, but just an idea. If you want in perhaps you could buy half now at the .618 planning for a drop to .786 where you might buy the rest. If Sia breaks out of the .618 grab the rest and enjoy your trip to the moon!
SCBTC fortunes ahead
still bearish, looking for a breakout opportunity. Next breakout may set up a nice swing trade opportunity.
May have a nice breakout soon looking at macd and rsi. gaining support but likely a small breakout.
slight head and shoulders forming if SC can gain some traction. Volume looks great as of now though.
in the 4 hour chart, we see nice volume with prices testing support of the ema 50 (blue). We can see the crossover of the ema 50 and ema200 (yellow) which signaled a nice correction and set a nice support line (purple). Since then, however, we broke past that support line, and we're having trouble getting back over support. RSI alone is showing us a change in strength from the angles of the last 3 days it was oversold.
SC is still looking bearish, but you may be able to be profitable from the recent swings looking at the 30 minute chart. Once SC settles back over the ema 50, it's likely we see a massive breakout.
:)
SC/BTC Siacoin. Exclusive Update 4 U!Hello My Dear Supporters!
SC/BTC Daily Chart Analysis
Wow what a popular coin I have had so many messages asking for updates on this coin. Here it is!
It’s a crucial time for Siacoin and its traders as it approaches the apex of its Triangle. The key question is which way will it treat I’ll go with a 70% chance of breaking the bottom and heading further down. SC/BTC has Its EMAS lined up for uptrend with the 50EMA (Red Line) above the 200 EMa (Green Line) but price being below the 50 and on the 200 negates that.
As the triangle closes something must happen here. Most likely a break of the bottom of the triangle at 0.00000243. If that breaks and closes below we are most likely short and looking towards 0.00000115.
This can turn very quickly a break of the top of the triangle and close above the 50 EMA and we are bullish and may see quite an acceleration with the blue lines at 0.00000338 and 0.00000484 in play quickly.
We need to wait while price and the charts make this picture clearer for us, once it does there may be some great profits available here.
This analysis is to update you on this coin, not as a buy signal, if its the time to buy I will update this post so make sure you follow and I will ensure you don’t miss out on any profits here.
DollarsandSense looks forward to earning great profits with my loved supporters this year! Follow for more $$ in 2018!
Quote of the day
"The stock market is filled with individuals who know the price of everything, but the value of nothing." - Phillip Fisher
Another testament to the fact that investing without an education and research will ultimately lead to regrettable investment decisions. Research is much more than just listening to popular opinion.
TA on SIAcoinDid a TA on SIAcoin against BTC. Looks like its pretty bearish from the TA side of things. It broke support at 246 sats and might be heading towards next level support at 185 sats. Its moving below EMA and thats usually a bearish sign. However, one main reason is also because BTC is moving up fast so most alts are going down. But my best bet is to exit of SIAcoin and enter back to BTC just from TA perspective.
SC looking for a bottomSia has a great potential in Q1 2018 by releasing:
- File Contract Upgrade
- File Recovery System
- Simple File Sharing
It is still in downtrend, looking for a bottom at (blue lines)
Support 1: 200 sats
Support 2: 130 sats
Forming a falling wedge, which will confirm a reversal after bouncing from one of the support lines and breaking resistance (red).
+
- RSI going to oversold territory.
-
- MACD and RSI confirming downtrend
Green lines are targets
Target 0: 200 sats
Target 1: 260 sats
Target 2: 335 sats
Target 3: 400 sats
Target 4: 460 sats
Target 5: 550 sats
Target 6: 650 sats
Target 7: 1000 sats
Decision time? SC has been accumulating for a while now. Decision time is almost upon us. Currently we can see that the 200 EMA (red) is acting a strong support and 50 EMA (green) as a resistance. If we can successfully break above the 50EMA & the 50% resistance @ 300~~ sats we will see a massive uptrend that could hit previous highs. However, we could still fall below 200EMA & 38.2% support @247 sats and continue in a downtrend. However MACD looks like its ready to breakout upwards and RSI is nearing oversold conditions. With that being said I am leaning more bullish on SC, but will not enter until we get a confirmation.
Entry: Above 0.00000300
S/L: 0.00000247(38.2% support)
T1: 0.00000366 (22%)
T2: 0.00000453 (51%)
T3: 0.00000564 (88%)
High Risk
Remember, this is just a though so DO YOUR OWN RESEARCH
Cheers.
SC Long term #siacoinlook like long term trend continues to be in tact This is a logarithmic scale so price moves up quickly on the right side of the graph. I see $1.00 + in 2019 perhaps higher after. Thats really only about a $30 Billion market cap, which is still fairly low considering their application and how far along they are compared to others in the space.
Siacoin ExpectationsI'm holding a few SC for months, but I think that it's time to take it out of my wallet, it's time to trade this stuff. I think that this lines-on-the-chart will be the next move.
Don't take this as an invest advice, I only draw lines on charts and want to know if my thoughs will be reality.