Siacoin breakoutSiacoin formed a an ascending triangle on the daily timeframe. The MACD formed some bullish divegence which make siacoin very bullish.
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SCUSD trade ideas
Siacoin #sc #siacoin For me fitsa all the criteria, massive % gain potential and cheap as chips.
What do you think?
SiaCoin - Demand is all over the timeline!See callout bubbles. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you.
Crypto Market- is Winter Coming? I'm using Siacoin here as a representative of the crypto market as a whole since it has one of the longest price histories for an alt coin. Keep in mind, I'm no financial guru, just your average dude looking to get in at optimum times. However, although it seems odd that it could happen, I feel as though there is an enormous amount of room in the chart for a catastrophic dump to occur for the alt market. SC rose a mindblowing 56000% within 820 days, I feel as though there needs to be a larger correction to break the long-term hodler's spirits.
This opinion is nothing new, many people have posted similar charts. I feel as though they are correct and this has a higher probability of happening than making higher highs from this upcoming bounce. However I could definitely be wrong :), this chart is just to kill some spare time - Don't hate too hard :)
P.S. Might not drop as low as that.
Siacoin LongtermIt seems we are in the accumulation Phase. SCUSD could go up to 0.01 to 0.013 USD and hit the resistance and the bottom of the Moving Average.
I´m expecting a breakout in the beginning of febuary.
This is not a trading adive, you trade at your own risk!
Happy trading, gl &hf!
Potential Monster Breakout to finish 2018It looks like we have double bottomed along major support line with all patterns converging around this point.
not trading advice
Respecting the downtrend ... Broked uptrend ... what else ?So Sc was respecting the downtrend (which is colored with red) and have broked the uptrend (which is colored with white) what have caused a brutal fall from 0.008$ to 0.005$ …
We are now under the uptrend in a price canal between (resistance) 0.006136$ and (support) 0.0053032$...
Like all other altcoins, Sc is related to Btc, so if Btc broke down the uptrend ( see { btcusdt (binance) } analyse ) then we will broke the support of 0.0053032$ and go down directly to 0.00504$ and then 0.0042$ …
Else if we Btc go up, then Sc should broke the downtrend line (which is colored with red color) to go up …
Let's wait and see ...
Rise to glory againFalling wedge, just happened earlier. we also have a bullish divergence on MACD. but there is a possibility of a new low and a 3rd tough of the lower band. Longterm it seems to be bullish
This is the real truth Fibonacci, the golden ration and the right timeframe is to be found. Life is not easy, understanding the market is also not easy, so try to grasp the emergent pattern. Don't go for tunnel-vision trading when you see a duplicate of a singularity emerging.
My TP's 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, 2584, 4181, 6765, 10946, ...
Happy trading
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