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SCBTC trade ideas

SCBTCHi friends, welcome to fresh price update SCBTC one day chat, price is facing resisitance both resistance level and 20 moving average that is near 96 to 100 sat if cross this level price will face resisitance at downtrend line and further face resistance levels in green lines, if we talk about support level 70 sat is a great price support where price showing a reversal at present maximum price will hold this support. RSI is hiting downtrendline in green if croos we will see a good movement in price oveall RS Iis indicating bullish sign here.
by neerukalia
Sia Support zone reachedI published a TA on SC a few weeks ago predicting a 1:1 wave C extension at least. That happened, but as you can see it overshot 1:1 slightly. So that prompted me to search for other support levels. SC is currently doing a small bounce. Time will tell if that is the foundation of more stable growth. But it has reached some key levels: - It bounced right on reaching the 2.618 fib extension of wave i (of wave C), This fib extension was deleted to remove clutter. - The above level was also co-located with a 1.618 of the first wave (of the fifth wave in wave C) level. I would call this as a reasonable and plausible support level for SC. Now if only people would stop capitulating :) Time will tell. Sorry, no up-side targets as yet. I will be watching for a definitive bounce given that SC is on sale. Disclaimer: I own and also mine SC. I think, given the tentative stability of BTC I am looking to add more SC if support holds.
Long
by flyinkiwi10
6
SC - Elliott Wave - 800% targetSC - Elliott Wave - 800% target i. Fall to 20 - 40 sts. The last wave of Siacoin was formed, it continued to reduce 5 main waves to reach the bottom zone of 19 to 21 ?satoshi. We will put our EP price at 20 satoshi. If we break this one we will buy Siacoin at less than 10 satoshi ii. Up to 175 - 220 sts - where we will take Profit at 215 satoshi, (800% profit). Break out points do not break the uptrend we will reset EP to advance to Target. iii. Target price is 434 sts - 531 sts. In this zone we will put the whole sale if you have been in the EP in the area. After this zone SC will likely return to downtrend. Like and share it for free, wish you good deals Thanks!
by GameonVentures
8
SC Siacoin last drop before big bull break (hopefully)Hello All, My first crypto post :) Due to the market down-turn a lot of people are (including me) are awaiting signs of a strong recovery before diving in again. BTC is showing everyone that when it goes up it can do so with some real conviction. After the swing high in January 2018, SC has been in an ABC correction. It is showing none of the recent bullish behaviour of BTC. Wave A was quite strong and reflected the sharp drop in the market at the time. Wave C is not looking like it will make a 1:1 wave A extension due to the slope of the wave is much shallower and the sub-waves smaller. I would extect wave C to make somewhere between a 0.618 wave extension and the 1.618 sub-wave 1 of wave C extension (green box). It may get there, it may overshoot, or it may fall short. Let's see what happens. Everyone has been feeling the pain of the past few months. Remember to keep a close eye on things, do your own research, and lock in profits along the way. Disclaimer: I own and mine SC. I normally have a disclaimer about how my published analysis is 100% technical and 0% fundamental,however, my decision to buy an mine SC was made primarily on fundamental analysis (use case, developer progress etc) although I haven't been following any recent news from SC.
Long
by flyinkiwi10
3