SCUSD trade ideas
H4 Siacoin - B/O long singal w/ measured move$SCU bullish B/O from ascending triangle could be a signal for a measured move into resistance at the 161.%8 fib ext.
I am long from the breakout, will look to take partial profits if price stalls/looks weak at the 200MA
wider crypto market currently seeing a bullish reversal, Siacoin might struggle to push higher if market sentiment sours again
Sia looking for higher levels in a H-I-J-K'ish patternEver heard about the h-i-j-k pattern ? Me neither but this nice looking cyclic pattern deserves to be named something because if you look at it (keep looking), it's a damn fine good looking confidence boosting pattern indicating Sia will take it to higher levels soon. Based on a boring classic purplish triangle we can see peak periods and bumps get shorter as we go from left to right (yeah, not the other way) and we have those orange peakline angles going from a negative angle to the perpendicular to positive ones as we move towards the decision tip of that triangle. I can't do more sofisticated about it than what I just described but this is all about how human (or bot) behaviour unfolds in numbers, it's all in the patterns.
Oh, besides the h-i-j-k pattern, another element that will surely take SC to higher levels is that ASIC mining took over recently from GPU mining, allowing the SIA technology to be rolled out in a much more secure and reliable way (and the SIA dev team no longer considering a soft fork to exclude bitmains miners also helps, they need all that ASIC power to grow).
If you would ever re-use the h-i-j-k pattern, just remember I'm hereby holding a pattent to it but OK for you to use it if you donate some of your SC's > e74f3dd1bac9ca9ff82c84d966b7884d2fb8b2a9bf6a1812e2d749a29feafa64a5cdaba2ea2a
happy trading !
Siacoin 0.12 is possibleNot bad but not so good either. I would buy anothers coins but hey whales like this coin.
Siacoin to the moon?Hi there,
Note that i'm not a professional, i'm here to learn and therefore feedback is much appreciated.
I've noticed two contracting triangles in the SCUSD chart. This in combination with the fact that the SCBTC chart is showing a massive cup&handle pattern makes me believe Siacoin is going to skyrocket soon.
Now i have to say i just started reading up on Elliot waves so correct me if i'm doing anything wrong.
Also i would like to know how i could place the last 5 impulse waves on the correct height when a symmetrical triangle like this occurs. Is there anybody who can give me feedback on these questions?
Thanks in advance.
SIA why its a big dealthis is another side of SC
I pair it with USD so we will know better whats going on
look at fibb level was on the track in the past
maybe we will hit that target above in the future
and if we are breaking ATH
the target is on Fibb level as well!!
lets get ready for this
RSI look ok
CCI look overheat
MACD looks great
Siacoin on track for $0.09 on FEB 1st, still Bullish!Same chart that i published two days ago, but the bright blue/teal arrows and horizontal line were added just now.
I updated the other chart with my thoughts on sc's performance over the past two days, and what it means for feb 1st.
for fun, i decided i'd add those bright blue/teal arrows and line to see whether i could predict (somewhat) its price on feb 1st.
if it validates, then we would be on track to see $0.20 sometime in the middle of february, but of course it all depends on the market-trends as a whole.
SC safe to enter once its past the pink line - target .056SIA exits out the pink line at the top then its moving to .056 if it exits the bottom of the triangle its moving to .027.
wait for entry confirmation when its crossed the pink line
SCUSD ABOUT TO EXPLODESiacoin is making the same algorithm like always and now its in a downtrend trying to break the trendline hard , and i think now its the time the trendline will be broken in a few hours . SC will reach the moon , do your own research and invest...
Donate SC : a940f9ca265489c2b0f41960a4c99dbf5088492e3efa83b96b5b92c1a14e999da7c305400f97
Donate BTC : 15RtccXn7eARHWCSC33HjdQtkCjANnfaGz
Thanks !
Siacoin TOP 10 Crytpo in 2018?Nothing makes me more mad than cryptocurrency that has been pumped to moon level with no application purposes. I hope 2018 brings us more than just the hype of crytocurrencies that 2017. We need to focus on actual application purposes of the blockchain technology. This is one reason I have a lot of support for Siacoin and the use appplication it offeres. It is MORE than just a cryptocurrecy, it offers a decentralized form of cloud storage. (Only company I know of that offers this) This technology far surpasses it's closest competition, and it is offered at a ridiculous low price. This technology is what give the blockchian its value.
If you liked this idea please show support and I will post more in-depth analysis
SiacoinSiacoin
Buy it after the Breakout now is at a key level(0.0616$) but we much wait the breakout.
Also buy at those entry:
0.0508$
Or levels that is hard to reach:
0.0345$
