SCPERP trade ideas
SCUSD ABOUT TO EXPLODESiacoin is making the same algorithm like always and now its in a downtrend trying to break the trendline hard , and i think now its the time the trendline will be broken in a few hours . SC will reach the moon , do your own research and invest...
Donate SC : a940f9ca265489c2b0f41960a4c99dbf5088492e3efa83b96b5b92c1a14e999da7c305400f97
Donate BTC : 15RtccXn7eARHWCSC33HjdQtkCjANnfaGz
Thanks !
Siacoin TOP 10 Crytpo in 2018?Nothing makes me more mad than cryptocurrency that has been pumped to moon level with no application purposes. I hope 2018 brings us more than just the hype of crytocurrencies that 2017. We need to focus on actual application purposes of the blockchain technology. This is one reason I have a lot of support for Siacoin and the use appplication it offeres. It is MORE than just a cryptocurrecy, it offers a decentralized form of cloud storage. (Only company I know of that offers this) This technology far surpasses it's closest competition, and it is offered at a ridiculous low price. This technology is what give the blockchian its value.
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Feb 1st --> Siacoin: $0.29, or $0.029?Taking a look at siacoin (SC), it seems like a decent bull run -- but is it time for a correction?
I've plotted some triangles, and tried to see how their trends are changing, and in my limited wisdom of noobishness, I feel as if Jan 23rd will be a good indicator of SC's price on Feb 1st.
My personal prediction: $0.09 on Feb 1st for ~200% gain. But please don't use this as advice... I barely know what i'm doing (this is only my third chart/analysis) and I'm trying to learn as much as I can!
As always, helpful comments would be gratefully appreciated!
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Siacoin #SCUSD - one more wave to the upside? +315% possible!The Siacoin SCUSD cryptocurrency price has four growth sub-waves. In the current situation, there is one more wave missing to complete the overall wave progression of the higher degree - wave 5. If the 0.0504 level is the end of wave 4 correction, the target range for wave 5 is between 0.1538 - 0.2167.
The necessary condition for further increases is the break out of the technical resistance level at 0.1132.
On the other hand, any violation of the level of the 0.0410 level invalidates the upward scenario.
TREND AND IMPORTANT LEVELS:
Main trend: UP
Intermediate trend: UP
Daily trend: DROP / NEUTRAL (continuation of the correction and the option of breaking)
KEY LEVELS:
- for further increases - level 0.0838 and later 0.1132
- for continuation of correction - level 0.0838 and 0.05040
- for continuation of decreases - 0.0410
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Siacoin - Possible 225% GainGuys, last one for the night. I REALLY like this one. I may enter this trade soon because I think we may be near done with the consolidation phase. The Daily MACD is still pushing down, but this correction is reaching near the same length as the previous wave 2. I will look for signs of reversal and possibility of a failed breakout. But I think I'm placing priority on this one until I see that it is likely to not take off until a while later.
Entry: Below $0.062
Stop Loss: $0.04 OR on signs of bearish reversal
Target 1: $0.165
Target 2: $0.199
Chance to Gain: 225.11%
Chance to Lose: 34.22%
RR: 6.58
Time-frame: 1-2 weeks or more