Storage
Siacoin Crypto The Next King Of Storage SectorThe 4-hour technical chart of SC crypto projects a positive trend. According to pivot points, Siacoin’s critical support level is $0.03462. Whereas if it moves upside, the crucial resistance to watch is $0.04439. Besides, the chart also features a bearish pin bar candle showing a bearish trend with low reliability.
The Exponential Moving Average (EMA), consisting of EMA 20 & 50, acts as solid support in the coin’s price. EMA 20 is moving beneath the EMA-50 line, indicating bearish momentum. Investors may perceive the price is also trying to get above EMA-20. So until the price remains below both EMA, it will ensure Siacoin’s bearish momentum.
The CCI (Bearish) with the value of -33 indicates a sell signal in the coin, and the line went down from 24 to -33 on intraday session considered to be in an oversold region. It may plunge in short-term trading sessions.
The volume of (2.26M) showcases below the Volume MA (2.82M) of 20-days. The investors in Siacoin are maintaining the order book to sustain their price at current levels. Investors may also observe declining volume in the chart, indicating a big move is expected soon.
The parabolic SAR indicator suggests a buy signal in SC on intraday. No signs of a sell signal have been seen, which is an excellent sign for Siacoin’s investors.
comparison between PSTG (pure storage) and NIO (nio).on the right we have nio, trying today to break over the MA 50 dynamic resistance, and on the left we have pure storage, trying to bounce off the MA 200.
as you can see, both of them bounced off the MA 200, but while nio did jump high today, pure storage didn't yet.
because of that, I believe we will see a jump within 2 weeks in pure storage too, not a big %, but yet not a trash can.
anyway, rejecting the MA 200 4 times is an amazing thing, and if the price can start to climb again, we may see it reaching a new high in both nio and pstg.
lastly, I would suggest you to check nio and compare it to pstg whenever it is possible, as long as the correlation between the 2 remains.
logarithmic chart
basic chart
Azelio towards first target around 80 SEK My take on Azelio. If they follow through with orders in Q2 which is their plan and they've delivered accordingly to their plans with precision so far. Both the technical and fundamental pieces are in place here for a breakout. Biggest owner bought more shares at 52.90 and the company had a new issue of shares (596 million SEK) at around 56 SEK in march 2021. There's always a risk to break down on the downside as well of course. Such a thing could be due to maybe a latency due to restrictions and more lockdowns etc. There's always a risk. On the long term though I see a bright outlook for this company. This is no financial advice, only my 2 cents.
Sonm in a strong uptrend + computing/storage sector looking goodThis resistance will eventually break and SONM could fly. Not many coins have been little affected by this downturn, but this held well. Now that other coins in the computing/storage sector also look good this could be big.
Filecoin has been unphased during the correctionFilecoin seems to be looking very strong. In the past I had mentioned FIL in one of my idea and the target got hit, but also left the possibility for more upside open. And I do believe more upside is coming. Especially if there is a reduction in the inflation rate.
AAC: $0.17 | 3x++ for life STORAGE play100x is a myth to most... a 3x to 12x return should be decent
over and over.. on a quarterly basis
a Blockchain for Entertainment etc... share storage across the universe..
Filecoin potential long scenariosFilecoin is another one of the new Grayscale products. In my opinion file storage coins like Sia, Storj and Filecoin could be doing well as the next 'theme' of the market. Be careful with filecoin however due to its high inflation rate, so have it only for short term trades, not long term holding.
BLZ forming cup & handleBluzelle forming a multi month cup & handle !
The 5th of November RSI got very oversold and there is now a positive RSI divergence at the double bottom in price terms.
I am loading up on this one again since it has been one of the best performing DeFi projects in the recent short Altseason.
I think BLUZELLE will be one of the best performers in the next one !
Preparing for the final move !!It has been a wild ride since we bought for dirt cheap under 300 satoshi level !!
We are now up 400% and RSI is starting to enter overbought levels on the weekly time frame.
It is still too early to take profits ! Marketcap still around 30 million dollars - this project has a lot of room to grow.
With mainnet coming up on August 8th there could be some profit taking at around 1600 satosi level.
My BLZ exposure is becoming too big...
I will take partial profits at around this level (50% of my holdings) and rotate them in my reserve currency (XRP).
The remaining BLZ will not be sold before 2022.
Not financial advice. It's what I will be doing.
YOU ARE LUCKY - you get a second chance !!Bluzelle broke out from the bull flag to the downside and corrected severely going for a strong backtest below 500 satoshi level.
However it is behaving as in the previous flag, where it broke down and made a bullish around-the-apex move.
Therefore you get a chance to get aboard at a great discount !!
Do not waste it !
Bluzelle is bullish as f**** !!
Bluzelle breaks out of a PARABOLIC FLAG ??I do not know whether this figure exists ?!?
A bull flag with a barabolic underline ....
What I DO KNOW is that buyers are less and less patient to wait until it touches the bottom of a conventional bull flag !!
So if you ask me, Bluzelle is in a hell of a bullish mode !!
WATCH OUT ABOVE !!
Close up on BLZ: very bullish behaviour !!Very bullish behaviour at the 650 satoshi level !
650 is a volume by price cluster, so price is forming a bull flag right at this level !
Price broke down yesterday but is making a bullish around the apex move today.
It will most probably run through resistance at 650 sats and make another powerful breakout (similar to the one at 380 sats).
We are in Bluzelle since 250 sats !
So we are up 150% in a little more than 1 month.
But still a long way to go since this baby has only 13 million MarketCap and is headed to greatness !!
Some companies will do really well [Oil Storage]They are almost at full capacity.
The Oil minus 40 price might be from all the retail traders rushing into an Oil ETF that balooned and struggled to rollover their contracts to June.
Or it might entirely be due to every one being at full capacity.
It is not over, US Oil producers are still extracting Oil, because no one wants to be the one to reduce his output and sacrifice so others can sell at a better price.
Either way the storage issues are still here and June will be much worse than May with storage.
Oil volatility got to out of this world levels.
Of the 10 worse days for Oil prices I think 3 or 4 are in 2020, but no problem eyy, every thing will be fine, we'll just print imaginary money to solve very real problems!
There won't be a depression nah last time "they" said this and everything recovered quickly just hodl. Those are just alarmists.
Aaaand brent is crashing too now...
The NL indice is red,
Really out of my field of expertise here, but I wonder if this company can jump to new highs in 2020.
They have to have a bright future ahead.
It will be interesting to keep an eye on this.