Sia has been one of our second quarter (Q2) picks and it is proving us right. The project's fundamentals are strong, the potential is huge and all that is left is a confirmation from our technical analysis: Price on support (previous resistance), thus technically we are good to Buy again (more). - check our 2 previous posts for additional info One love, the...
Siacoin Technical Analysis When to buy. Note: This is only for Educational purposes; this is not investment advice.
Technical analysis: . Siacoin/Ethereum is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 53. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00001000 to 0.00000820). if so, traders can set orders based on...
Technical 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 42. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00001680 to 0.00001590). if so, traders can set orders based on...
Technical 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 42. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00001680 to 0.00001590). if so, traders can set orders based on...
Technical 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...
Technical analysis: . SIACOIN/ETHEREUMis 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 35. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...
Technical 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 (0.00002400 to 0.00002230). if so, traders can set orders based on...
Siacoin has returned back into the demand zone after briefly hitting highs of 118. It also bounced off of the trendline support as it returned into this block so as long as we remain inside and not below this zone, we are still bullish SC. The EMAs are a little concerning as they seem to be turning over and price returned below the fast-moving EMA after solidly...
Technical 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 42. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary...
Technical 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 42. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary...
Technical analysis: . SIACOIN/BITCOIN is in a downtrend 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 25. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Technical analysis: . SIACOIN/BITCOIN is in a downtrend 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 25. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Technical analysis: . Siacoin/Ethereum is in a downtrend 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 39. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary...
Technical analysis: . Siacoin/Ethereum is in a downtrend 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 39. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary...
Technical analysis: . SIACOIN/ETHEREUM is in a range bound and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. Trading suggestion: . The price is in a range bound, but we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support...