$SC Siacoin lookin' like a Falling wedge - reversal Since $BTC dominance crushed alts, actually everything is harmonic, Falling wedge - reversal painted on Siacoin, should bounce at this point. 1 Month can be breaking the wedge. Also RSI & MACD Showing some bullish signals.
Remember to DYOR, This is just my opinion!
Cheers!
Siacoinbtc
Long Siacoin/BTC Weekly bullish engulfing setup forming on Siacoin / BTC.
Lower time frames have switched to higher highs and higher lows so I am taking a swing trade up to the previous lower high from EoY 2018.
Risk for my stop below the low is 15%. And my target is 69% away leaving me with a 4.7 Risk/Reward ratio.
Our Weekly Slow Stochastic cycle is also rising and price has made it above the 8 EMA showing strength from the buyers.
As long as BTC doesn't tank I believe this setup will be quite profitable.
A trader wanting better confirmation can wait for the weekly close. Do note you will reduce the R/R a bit by potentially being further away from the stop loss.
Daily Bullish Signal $SC #SC #SCBTC #BTC $BTC (07 April)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
Is it Accumulation phase for SC/BTC ?Siacoin it seems didnt affected in satoshi value during bitcoin pump less than a week ago..
Forming a sideway movement all the way back from December 2018 until now..
From EMA lines :
i relate this chart from december until current time. 50 and 100 EMAs just flat without any converging with each other and 200 ema begin to approaching.. price action under 200 EMA considered still in bearish area.
volume relative stable for this low market coin. is it accumulation for some whale for pump??
From MACD :
seller momentum is decrease although the buyer and seller line move down ready to test 0 line.. still no clear signal of changing momentum.
From Stochastic :
stochastic in bottom level but it is not a clear as a it just stay in that level, as it didnt even want to try to move upside.
From RSI :
currently Still wandering around neutral side,
Support :
1# +- 60 satoshi
2# +- 45 satoshi
3# +- 20 satoshi
Resistance
1# +- 70 satoshi
2# +- 80 satoshi (200 EMA)
3# +- 115 satoshi
Please share your thought about this idea in comment section.
peace....
$SC Broke above descending channel..$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
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
Daily Bullish Signal $SC #SC (29 Jan 2019)BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
SCBTC - 20% GTDBuy Price: Green Zone
SL: Below Red Zone
Profit: Blue Zones
Invest Suggestion: 10 Percent
Profit Expectations: 40Percent
All technicall indicators of SCare turning good, when the EMA 13 cross the 50 EMA's we will have a significant grow.
MAC Lines are crossed and below the 0 Line!
SC has reached 6.5x the current price!
See me previous analysis and how profitable the are!
Sell when you get some profit, according the way you trade.
Keep following us and please like this idea.
Any doubts? Send in the comments or in our telegram or Inbox here.
Thanks for visiting.
SCBTC Bullish Short term mood and LR equilibriumSiacoin (SCBTC) is about to start bull run. Let's look at the 1-day and 3-hours chart.
The price managed to break upward twice. Moreover it touched Ichi critical area at the long term price graph.
At the 3-hours timeframe we can see that SC bounced from the trend line and broke through resistance of Ichimoku clouds zone and now it is a strong support for upward movement.
RSI is bullish and MACD curving up, there is no resistance that can stop SCBTC. Momentum (10) and SMA and VWMA are positive too.
Free target is EMA50 (Red line - 0.00000079) where the price will penetrate Ichimoku clouds.
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Sincerely,
SkyRock Signals team
Siacoin good R:R It's a goood setup with high Risk reward ratio.
RSI looking good
SMA 20-50 cross so it is bullish.
Good luck.
Daily Bullish Signal $SC #SC SC/BTC (04 Dec)BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
#SiaCoin $SC It seems that $SC #SiaCoin $SCBTC is having a confirmed reversal on the daily time frame.
Stop loss under previous daily candle.
RSI confirms it. Double bottom confirms it.
Destination/target unknown, look at previous support/resistance levels.
I'm going for a quick flip here, x2, then letting my bot do its thing.
Potential Short-Term Bounce on Sia Coin?While MACD and RSI are bullish, the STOCH RSI shows we have more room to go down. That said, this is a short-term play for me. Trying to catch a bounce and then exit due to market conditions. Ideally I would like to catch this at the bottom with better momentum.
RISKS: Low Volume / Momentum / STOCH RSI / Market Conditions has everyone on edge about another drop in BTC/USD, and rightfully so.
*NOTE* I am a relative n00b to TA, do NOT take this as professional advise. If any of you have any notes I would be more than happy to see them expressed, even if they are negative. All feedback helps :-)