Siacoin bearishUnfortunately rally is done due to btc dropping significantly. Alts including sia will continue to bleed against btc money flow going red and sia broke down from trendline it held previously. Unless btc resumes bull cycle or begins a new one after a bear market, another rally will most likely not happen anytime soon. It is unfortunate as everything has been set up nicely for a great run. For now sia has entered a bear market. If a reversal appears and strength comes back into the market, I will update.
Skynet
Siacoin very bullish against BTCCipher money flow indicator curling up the same way as before every big explosive bullish run on sia coin during bull market+ strong momentum waves (basic market cipher strategy)+bounce off of the trendline+increase in volume. Looking to break 54+55 sats level. 100sats to 375sats possible if 55sats level broken. Fundamentally skynet is releasing its monetization whitepaper very soon+possible coinbase listing this quarter.
Data from feed.Skynet long posistion executed on order book. Order was filled via kraken's liquidity pool.
25k contracts. Good luck with your investment.
Disclaimer: To protect my ass here.
Trade only what you can afford to lose.
Crypto investing is a highly risky asset and you may lose more than your entire investment.
Think before you invest.
10 years trading via fx.
SIa consolidating to retest 0.065 and break outSia reached 0.065$ 3 days ago, where many traders took profits, which caused the price to retrace back to 0.04$ zone. SIA is currently consolidating and preparing to retest the 0.06$ zone and eventually break out.
As you can see on the daily candles, the last 3 daily candles are rend with long lower wicks. The price has reached levels below 0.04$ zone, but then the bull stepped in and bought the dip. The 0.038$ level acted as a strong support.
Your chance to ride the Sia train. Targets for a LONG position Sia coin is near and dear to my heart. It is a great project that ties with bigger projects like Skynet and the likes. This coin is highly undervalued and I believe it will continue to pump in the future assuming this bull run continues. There are two key targets based on Fib retracements that make good potential buy-ins. I would suggest you cost average this two in a way that your risk management plan allows. If the bull market continues, I would expect a rebound off the support and a retest back @ .06
NOTE: This is not financial advice. This is at your OWN risk.
SC USD Strong bullish signal and potencial TPHello everyone, just a quick update to my previous analysis.
As we broke another resistance and tested it as support we received another bullish confirmation. Also it is worth pointing that price stays steady above 100MA on 4H and 1D chart .
Also there is skynet promotion which is bringing new investors.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
Possible inverse head and shoulders - Next SIA impulse imminent Hi all,
Main TA Points;
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1. SCBTC pairing looking to be confirming weekly S/R flip.
2. Bounced off both 61.8 fibs.
3. Hugging upper bollinger suggesting possible continuation imminent.
4. Ichis looks like they may be broken as well.
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Talking Points;
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After a nice pump and my previous idea successfully confirming (check out related ideas) it looks as though we are heading towards the next impulse for SIA. The whole market had a bit of a grind as Bitcoin futures were expiring, but quickly seems to have rebounded, obviously some coins stronger than others.
For those unfamiliar, SIA is in my opinion a top 5 coin from a fundamentals perspective and is vying for a large piece of Web 3.0 architecture. It has a working product, a capable team, and a foundation model ensuring its financial longevity. Having had a significantly longer than normal consolidation and accumulation period, historicals would suggest violent and powerful impulses will continue to follow from here until the end of the year.
I believe April will see the bitcoin pairing at least swing to 60-80 satoshis with the upside up to the 200's range. This, coupled with expected continued growth in Bitcoins price means that the impulse target set here is extremely conservative. Its not impossible that we actually revisit all time highs from a USDT perspective this month.
Lastly the weekly SCBTC chart is very telling. Having attempted to successfully break the 40-44 satoshi range numerous times in the last 6 months it seems as though we will finish this week with a confirmed S/R flip. This is an extremely important signal and would suggest a long term up trend is about to commence. It would also suggest the next few weeks will have significant volatility.
The above points can only positively impact the SCUSDT pairing.
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Estimates;
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As a measured move we are looking to test the 3.6 cents mark. I have provided an conservative trade setup having set the stop loss just below the first shoulders peak. Please be mindful this is a high risk trade, the vanilla trade would be to enter at the break and confirmation of the pattern.
I have also included an assumed bullish confirmation rebound off the yellow trend line. This trend line has been in play and established from earlier in the year. We failed to have the support resistance flip occur over the last week, I would assume this time the market would want to know if we are going to respect it for the next impulse.
Good luck, please follow and leave a comment if this was helpful to you.
SIA donations;
807db3f1186dd2a5a40418200064b44a94bffb0e32fac9e713923088a7e3bb0886c2d0281374
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Any trading advice provided has been prepared without taking into account your objectives, financial situation or needs. Before acting on the information provided you should consider the appropriateness of the information, having regard to your objectives, financial situation and needs. You should seek professional personal financial advice before making any financial or investment decisions.
All investment and trade decisions, no matter how well investigated, involve risk.
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Can we expect this?Hello traders and/or HODLers,
I can see very similar pattern to 2017 (just little bit shrinked due to BTC high value).
It is all happening again..BTC run, ETH run.. more alts will follow and low sat alts like SC will dominate! Even useless meme coin like DOGE jumped a little bit (just a small "woof!"). Sia can easily reach 100,200,300.. sat when bullrun starts. Just don't panic sell and HODL! It is the same like BTC - you just need strong hands and believe in it and boom! you are at 2x previous ATH.
Some trash "crypto" like XRP for example will die to make amazing utility coins like SC stronger.
Njoy the ride and feel free to send me some small SC tip once you buy your first five lambos or whatever.. ;) Cya at Maldives!
SC address: ba0d9880276f2e37ae8dc67d1922f1f9908b893e34eb3be174cce51a915c116fdbabce329cac
(not financial advice)
The only rational way is up!Hello, I decided to not draw any crazy lines, trends, moons or anything like that etc. I am sharing only long term view at SCBTC chart to see that SC cannot go much lower and with upcoming news, partnership, application and adoption I see only one way - up! (well, if BTC will go straigt to 100K than maybe we can dip a little bit lower).
I invest in SC because I believe it! If you do a little research, maybe you will start belive as well as Sia, Skynet, SkyDB is amazing and very similar to the King BTC (just in different area of application). There are plenty amazing things happening in the background and also plenty open doors with oportunities to be build on top of Sia. Adoption just needs time (it was the same with TV, Internet and other things which are very comon today). Altcoin market is very wide and full of scams, but Sia definitely is NOT one of that. Sia team is working hard with focus on their vision, roadmap and real world application and marketing was almost ignored during the develepment period. This may change soon as new marketing person was hired into the Sia team. SC is not only good investment (value will increase with adoption) but it is also great utility coin as it gives you very cheap way to store you data in fully decentralized way, stream your movies directly to TV or other devices or build decentralized internet => WIN-WIN.
check sia.tech, siastream.tech, siasky.net ...
Not an financial advice.
SIA coin potential?Do you guys see the potential in this coin? KRAKEN:SCUSD I love seeing crypto being put into practical application. I have used icloud, google drive, and dropbox for cloud storage in the past. This coin changes the game by using p2p technology to decentralize data storage. The companies that store our data harness so much power due to possession of some our most valuable data. SIA changes this by allowing people to lend unused data storage capacity to be used on the SKYNET network. Privacy is secure by breaking your data into many pieces and encrypting that data and storing in multiple locations across the network. So technically NO ONE person or entity holds all of your data and even those who hold portions are not able to penetrate encryption and even if so would only have access to fractions of said data. This is major and makes want to invest in the coin, wondering what others thoughts are as I am fairly new to cyrpto and blockchain technology and even newer to TA. Any feedback and insight is greatly appreciated - Wolfgang