SCBTC trade ideas
SC is getting ready for rally, 100% return is possible Hello Friends,
BITTREX:SCBTC fell to the bottom from 450 SATs to 117 SATs ( ~ 75%). Currently, the price has broken the long-term downtrend and forming an Inverted H&S , the neckline is at 153 SATs, once it is broken, one can make 35% returns.
I am expecting the price to fall to test the neckline after the 35% returns which is the positive sign. A pullback at the neckline would confirm the rally of 3x returns.
My rate is at 151 SATs, my stoploss is below the low (117 SATs) , Target 35% . Long term is 300-350 SATs.
Good luck with your trades.
Time to trade! Cash is King!Siacoin has finally decided to join the party and giving us some strong buy signals, this coin has potential of 300%+ for a long hold.
We are going to buy, Trade and sell it as we can turn over 300% in shorter timeframes on other trades.
Those of you that work though may be interested in putting this into your portfolio as a hold.
I am going to trade it, I am waiting for the first candle to close outside the trend line to see a very nice run.
This coin I have already bought the reason being is we have many indicators here pointing us in the right direction.
You will see the underlying trend here of Siacoin on the 200 SMA (purple line) is still a downward trend but if we jump down to the 50 SMA we have just met price.
Siacoin has been trading down in this channel for quite some time and bouncing off its support however as you will see circled in blue this time we bounced from a bottom that was created a number of months ago. You will see the aggressive buys in the blue circle this shows us the buyers are going to beat the sellers there.
You will notice the change in trend on the A/C indicator, people are buying up SC and not selling it off therefore we are gaining momentum and this will drive us to a breakout.
I took an aggressive entry and bought yesterday, the reason for this is 20 and the 50EMA have just come under price and crossed, this will provide very strong support to get us outside the channel (green line) we can then use this line as our support and safety net for a stop loss.
I want you to look at the blue arrow pointing down here you will notice as the candle put in a lower low yet the RSI was punching out a higher high (circled in purple), this is the bullish divergence we look for in these coins that have been travelling downwards for such a duration this will usually give us enough insight to see change of direction.
Targets are the blue lines, this trade will develop nicely over a short time period, the conservative investor will buy first 4H candle to close outside channel, when this happens buys will come in strong.
Cash is King! I have a few trades today I will release for you all!
SiaCoin (SC) preparing for a Wave 5 BreakoutSC is one of those privacy coins for 2018 that has big potential with good fundamentals nice Dev team. The chart says it all. Basic as it gets. It follows BTC and is currently on a wave 5 historical retracement. What can i say...I'm accumulating now in this zone. Would you take 200% profit in a month!?! I will. Follow on Twitter or Day Trading on Telegram t.me
SiACoin (SC) : Day Chart : Substantial Potential profitI'm pretty confident we've seen the last of the bearish BTC trend.. Maybe a few rough retracements, but as far as negatively influencing the Alts go, I think that's done..
This is a very good opportunity on a slow and steady coin, that should race up from today..
Take a close look at the fan and the slices on its inside.. They correspond perfectly as resistance and support levels and touch on many of the peaks and dips, all the way from December..
This is a strong buy..
Siacoin: Ready for Accumulation zone?Siacoin has always been my favorite low cap coin to trade...
Seems to me... its going back to accumulation zone!
Siacoin's first pump was in May-June (Huge wave of volume came into the market) Skyrocketed from 35 sats to 850 sats.
It dropped hard & had a 5 month downtrend. It went back into accumulation zone (40-70 sats) & when December hit,
it pumped back to 667 with (another huge wave of volume)
It is now 155 sats and i do believe it has another 1-3 months of downtrend back to sub 100 sats. which will be Accumulation zone
& that's when you accumulate as much as possible for the next wave!
Siacoin Website: sia.tech
Siacoin Roadmap: trello.com
Luke
Siacoin SC Poloniex - It has been a long time since we moved - MThis is a Medium Risk trade.
Siacoin, if it follow prior movement, will fall to our demand zone and most likely bounce off one of them. Safe thing to do is buy at demand zones, with a very tight stop loss in case it continues down. That way you won't lose much if it moves down but will be in the game if it starts bull run which can last anywhere from 5 days to 52 days.
I will keep you updated on this trade if you follow me.
Do not invest what you cannot afford to lose. We are not your financial advisors.