SCUSDTWith the formation of double bottoms
and the breaking of the downward trend in the weekly chart
It can be as low as 0.00387
and considered the first target of 0.00809
SCUSD trade ideas
Siacoin (SC)Siacoin is one of the first pioneers in the field of blockchain-based distributed decentralized cloud storage platforms. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space. As can be seen, in the past, SC has grown a lot. SC has been oscillating in a huge triangle pattern. Recently, it seems SC has started an upward wave; could this wave be the one that breaks the huge triangle pattern upward? Let's see what happens.
22X -- SC coin back up to ATH break out of triangleBullish case, 22 x from about 0.0005 to 0.11 so say 20x
break out and hold from triangle
Crypto Sia coin
few years time wish I had bought more - note to future self ;-)))
Why not - just do it !
buy and forget if you are bullish and see you in end of 2025!
Multi year crypto triangle
I bet it over performs the conservative targets if we get an ALT bull market
Generally triangles will exceed their tops of the triangle pattern if so then this is a really big opportunity for all who take it. You could use the money to buy new house, holidays, new car, just stay in the trade, take 80% at target and let the rest run. Or reassess nearer the time dependant on how it travels to target, straight up breakout leave it on and wait for consolidation, or pivot into new trade ?
Siacoin analysisI could be wrong but this could be the truth.
If you believe that it will rise very soon, it is normal.
SIACOIN ALL TIME CHARTAfter embedding the all time chart of Siacoin from CoinMarketCap, I believe that the coin has been in a triangle since 2018.
Most of the classic coins have the same view or similar that they're in historical triangles.
I believe BMV:SC should find it's way to a new all time high within the next few years.
We are still inAs long as we don`t break the triangle downwards, it all looks very promising for some nice upwards moves
Very Crucial Point For Sia CoinThe coin of this fantastic cloud storage marketplace, will test its strength during the next few days. It is very strange that this successful project has not yet earned the gains it deserves. If it was a stock, I'd say it's undervalued.
Siacoin is one of my favoritesI believe that by the end of the year or sooner, we will have reached 100%, which will be the start of a big climb
SiaCoin actin like it wants to trigger an invh&s breakoutIf it validates the breakout on the current breach of the neckline the measured move target is about 2 and a half cents. Nice to see SiaCoin actually doing something for once, been a long while. Must be a true tell sign the bull market is back. *not financial advice*
Siacoin : One simple clean chart can show more than 1000 words..While we are bouncing between support and resistance, sia is looking strong on the bigger time frames.
Supp. and res. lines are getting closer towards each other,in a symmetrical triangle.
price is also making a sort of inverted head and shoulders pattern between those support and resistance lines.
For now it looks like, everytime the rsi crossed 70 , we get a quick and strong price movement.
If we break , and retest the 0.02 resistance area as our new support,
the higher pricetargets , around 0.30 cents are coming into play.
correct me if i'm wrong , but if bitcoin stays bullish , this is what we are looking at on the monthly chart..
i also overlayed the 2016 - 2021 bars pattern , to show what sia's price did in the past.
After that, i stretched the blue bars pattern out just a little , to account for the exponantional growth of the whole crypto industry.
off course there also should be a fib , and some moving averages, but i wanted to keep the chart as clean as possible, to show the expected price action most clearly.
as always ,
-always use a stoploss
-never trade without charting first
-never invest any money you cannot afford to lose !
-my charts are not financial or investment advise
-my warnings are.
Siacoin nearing possible top, indicators show we've had timeI've been accumulating this coin for about a little more than a year now, dollar cost averaging and buying when things are quiet seem to have paid off. Letting go of my bags as we near 0.02, risk is on after that.
SCUSDWe expect price increament to 0.02 after which a likely reversal to 0.014 where we can re-enter the market once more. There is a 80% chance our price prediction for the year will play out for scusd
SCUSDBULLS ARE BACK. We are expecting an increament in all altcoins as bitcoin rises. Siacoin has a great fundamentals for this bullish run in period
Sia, the new gem on te block?Sia is the first data storage on the blockchain. It exists quite long. You can safely store data on the blockchain, against a very competative price. People can act as hosts to earn coins. You can easily earn 30k coins per year, using the overcapacity of your own computer. For a long time investments in Sia didnt seem to realize interesting profits. That is until recently. Sia act like a bullrun is full on the way already, and even made a 20% gain in a week where all altcoins went down 20%. So, this 'old' boy might be the new gem on the block.
All conditions seem to be ready to go to 4 cents, its ATH, which means investors have the chance to profit 5 times their money. After that, we will see, if it reaches beyond.
Today Sia is down a little. This might be a good buying opportunity.
Siacoin (SC) Price Analysis: A Rally to Watch in 2024
Bullish Reversal in Play: Siacoin exhibits a remarkable bullish reversal, with a significant 193% recovery in the past ten weeks.
Weekly Chart Dynamics: SC shows potential for a long-term trend reversal, currently approaching the 23.60% Fibonacci retracement level.
Trading Volume Surge: A notable increase in trading volumes underscores growing investor interest, especially in lower-cap coins.
Breaking the Consolidation Phase: Post the 2021 and 2022 bear market, Siacoin has finally emerged from months of consolidation.
Rally Reclaims Key Level: Siacoin's recent bull run of 62% in January 2024 successfully reclaims the crucial $0.01 psychological mark.
Technical Indicator Strength: The RSI in the weekly chart is trending bullish, potentially sustaining in the overbought territory.
EMA Crossover Anticipation: The rising 50W EMA is nearing the 200W EMA, hinting at a possible golden crossover.
Next Resistance Insight: Siacoin's next resistance is pegged at $0.01312, aligning with the 23.60% Fibonacci level.
Potential Upside: The current trend suggests a promising 20% hike to the next Fibonacci level.
Breakout Possibility: A successful breakout could push the SC price towards the $0.012 threshold.
Market Sentiment: The bullish sentiment in Siacoin aligns with our SC price prediction for 2024-2030.
Investor Watch: The current trend offers a viable entry point for investors and traders on the sidelines.
Siacoin (SC)The beloved coin among many traders is showing a logical rise as accumulation has taken a very long time. I believe that we will repeat the cycle and reach levels around 0.7 to 0.8. These levels represent correction ranges where we touch maximum levels.
scusdt scusd long T=0.016
T2=0.022
n technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape.
Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles.
Siacoin (SC) Hatted-Goose FormationThe hated hatted-goose formation defies wall street, central banking, and centrally controlled governance. Watch out as many crypto companies, organizations, and groups of decentralized intelligence seem to be poised for upward movement long term.
SC is bullish .
siacoin Update on Siacoin #siacoin KRAKEN:SCUSD #scusdt #siausd on the day we see a contraction phase with a possible ripsaw showing direction fakeout, next a direction to a retest to weekly trend line brake.
SIACOIN/USD Cycle Analysis >>SIACOIN 1w Cycle Analysis<<
✨I've divided the periods on SC(sia) into 4 parts.
It's clearer with the colours.
We seem to be experiencing a repeat of the same.
✨The first downtrend on Iota lasts 798 days.
The peak we're seeing now is 910 days past the peak.
We have green BULL CHANNEL in both trends
🎪 1> Yellow Zone (TOP)
🎪 2> Blue Zone
75-week moving average (75w SMA) test and down
🎪 3> Prurple Zone
🎪> Level 4
Last accumulation and bottom part
I think that it will now exceed the 75-week moving average in the near future and the uptrend will begin.
✴️ Crypto-Cousins | When One Moves They Both Moves, SiacoinWe just looked at DigiByte vs Tether (DGBUSDT) and also DGBBTC several weeks into the past, this leads us to Siacoin (SCUSD), DigiByte's cousin when it comes to the charts. When one moves, they both move... Let's have a look.
Siacoin remained fairly strong during the correction based on a higher low vs Nov. '22.
The current action is really strong with SCUSD moving today on a full green candle above EMA100. Other pairs are still trading below EMA50, some above it but many still have to pass the EMA100 mark, Siacoin is one of those.
Moving above EMA100 opens the door for long-term bullish potential. Confirmation comes when the daily candle closes above this level here marked with a blue line at $0.00333.
It seems this will be a really strong wave... Patience is key.
Plan ahead.
Namaste.
#SCUSD - Slowly Heading to 2020 Levels?After a plethora of good trades for over 2 years now we appear to be heading down this channel back to previous #SIACOIN levels last seen in 2020.
Rejecting off this top trend line we've got a fresh Sell signal from CTv2 with the potential for 30-40% on this one!
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SCUSD - Sat at a Critical Point. Are We Heading Up?Quite a pinch point we find ourselves in right now with Siacoin! We're touching the descending trend line after testing it a few times historically and we're also sat on a SR level which after a brief break downward we've since come back up to.
Something big is brewing here, we're thinking a large downward move is possible, around 30% losses, but a large upward move is more probable, easily hitting near 20% gains with the possibility of 40% gains up to the next real level of resistance!
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