The legendary SC sia coin on the way to a new recordSC has a long history as you can see from the chart, and one of the coins that look programmed in a beautiful pattern
SCUSD trade ideas
Macro view Siacoin30 cents is a reasonable price range for Siacoin to reach this coming cycle. We had an approximately 85% correction from the high in April.
We saw the same type of correction from June to November 2017. Next rally up will probably be around 1500% from where we are right now.
There are lots of people saying this is some super cycle and the rising won't stop, it's reminiscent to what i've experienced in 2017.. But once Bitcoin tops (which it will between 150 and 300k probably) everything will go into a multi year bear market again. So get out when you've realized your profits. And get back in when correction levels are around 80% again.
SC 2018 ; TRAC now - pt2 - closer lookSC 2018 ; TRAC now - pt2 - closer look
been following this idea to see where it leads. i wanted a better version where i didnt have to keep zooming in haha
we could be in for a sick pump here, then retest the lows before an even sicker pump
this is a very abstract idea. lets see how it goes.
gl
SC 2017 compared to BTC 2017 and SC TodayZoomed out version of previous post for easier view. SC and BTC have forever had similar price movement, I am comparing these two currencies for their volatility in the past on Kraken and Cryptowatch.ch
Previous price action doesn’t dictate future price movement, however fractals are inherently fractals for a reason. Not saying we live in a parallel universe, but we live in a parallel universe.
Based on my analysis the BTC price has bottomed and we are in for a parabolic rally from here. If you enjoyed my post and or idea I would appreciate you if you took the time to like! Peace
SC 2017 compared to BTC 2017 and SC todayCheck it out, looks like an inverse relationship, I measured against SC because it’s been known for so long on kraken and on cryptowat.ch
So BTC should go parabolic from here, altcoins will take some time while the momentum picks up and whales holding BTC eventually diverse their portfolios. If you Agree, take the time to like would be appreciated. Peace
SC (siacoin) still looking bullish on the weeklySC (siacoin) weekly is looking great from
a macro perspective. its charting Hidden
Bullish Divergence with a higher low on price
a lower low on RSI. Aslo The DeMark 9 reads
an 80% chance it may of reached the bottom.
Im very bullish on this weekly chart... Prices
listed for targets and supports if it were to
break out of the trend line.
SCUSD bottom may be in, possible move to 33 cents by 2023KRAKEN:SCUSD Updating a previous idea originally posted last fall. Siacoin has been following this previous fractal from its last bull run (zoom out). With new decentralized storage needs in the industry (NFT storage etc), SC has been given a breath of new life. Keep watch over this and other decentralized storage tokens such as STORJ and FIL. As always, DYOR and enjoy the entertainment provided by my analysis. This is not financial advice.
SC (siacoin) looking bullish on the weeklySC (siacoin) weekly is looking great from
a macro perspective. its charting Hidden
Bullish Divergence with a higher low on price
a lower low on RSI. Aslo The DeMark 9 reads
an 80% chance it may of reached the bottom.
Im very bullish on this weekly chart... Prices
listed for targets and supports if it were to
break out of the trend line.
$SC Siacoin bull run soon $SC is currently down 86% from its ATH. Looking past at Siacoin history it generally bottom out after retracing 80%+. The 4.236 fib of $SC has a target of $0.30 which is a 3500% from today current price at $0.009. Starting a spot long in $SC here
The MOTHER of all Cup and Handles - SCUSD Log scale storyHi all,
Main TA Points;
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1. Log scale chart.
2. Big cup and handle on monthly.
3. 20MA currently acting as support.
4. Break of Ichi looking imminent.
5. Incredible R:R
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Talking Points;
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Going to keep it simple,
Log scale is a fantastic tool to use over long term chart views as well as high volatility markets such as crypto.
SCUSD is painting an enormous cup and handle suggesting a price target of anywhere between $1 - $3.50.
There is a strong possibility that Web 3.0 will be the "meta" paradigm during the peak of the current bull run. Sia/Skynet is arguably the strongest offering in this space with Siacoin offering a significant investment opportunity with considerable upside.
These price estimates are also inline with SCBTC hitting its all time high of 800 satoshis. Should it do this with BTC hitting upwards of 100K we are definitely talking price targets in this range.
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Estimates;
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Log scale modifies your drawing tools and I'm having difficulty calculating the exact measured move. At this price entry however, liquidating a portion of holdings at 1 dollar would be a prudent strategy having banked significant profits.
I think targets should involve averaging out of the trade in this case given we are looking at a range of $1 - $3.50.
Good luck,
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SIA donations;
807db3f1186dd2a5a40418200064b44a94bffb0e32fac9e713923088a7e3bb0886c2d0281374
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Any trading advice provided has been prepared without taking into account your objectives, financial situation or needs. Before acting on the information provided you should consider the appropriateness of the information, having regard to your objectives, financial situation and needs. You should seek professional personal financial advice before making any financial or investment decisions.
All investment and trade decisions, no matter how well investigated, involve risk.
Counter-trend Rally in Siacoin, Target at 0.017Trend Analysis
The main view of this trade idea is on the 15-Min Chart.
The cryptocurrency Siacoin (SC) appears to have found some support around the 0.014 price level, making higher lows of 0.01425 and 0.0145.
After holding the support line SC attempted to break above its long-term (470-MA) moving average. The cryptocurrency made it to as high as 0.0165. It then broke below 0.016 where it found support again at 0.0145, where it held at trend support. Now SC it back above its long term MA and in a bullish mode in the Supertrend indicator. The Awesome Oscillator supports this move by being above zero and trending higher. Also, the RSI is above 50. Expectations are for SC to rally towards the 0.017 price level. A negation of this view will be observed if SC closes below 0.015.
SC’s Point and Figure Chart also corroborates this view. There has been a break of the resistance trend line as well as a positive crossover on the medium (100-MA) and long term (200-MA) moving averages.
From a longer term view, on the 2-Hour chart, this move in SC still appears to be a countertrend rally as there is resistance observed around the 0.0173 level.
Recommendation
The recommendation will be to go long at market, with a stop loss at 0.015 and a target of 0.017. This produces a risk/reward ratio of 3.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time of publishing I have exposure to SC.
SIACOIN is still on TRACK [SCUSD]Drew this a month or few months ago, but we are still on track. Decentralized storage coins are all going to receive some good pumps because the technology is only now starting to make it possible IRL. This OG coin that has weathered the market for over 5 years is gonna get the pamperin treatment. As always DYOR and enjoy.
SC (Siacoin) target 0.3$The coin is gaining strength for a new dash. The project is developing. Only they lack marketing.
Thumbs up if you like it.
SCUSD Weekly LongSCUSD is currently within a symmetrical triangle on the weekly chart. I would expect a break out from this pattern within the next few weeks. With this being the weekly chart, this will move fairly slow for crypto standards. However, because it is on the weekly scale, an upward break could see returns of up to 200-250%. Weekly EMA 20 is acting as major support for SCUSD. With that being said, a retest of support is likely. A clear break down from the current chart pattern would be grounds for a stop loss within personal risk tolerance. Lower blue channel line can potentially be used for entry points as well as prices below the EMA 20. Fib retrace included to indicate potential take profit areas. Blue lines indicate current chart pattern with upper and lower boundaries. Thick red line indicates weekly EMA 20. Red line indicates major overhead resistance. This is not financial advice, trade wisely and use your own due diligence.
SIA : SiaCoin - A fresh look : Bull & bear (key battle soon)SIA : SiaCoin - A fresh look : Bull & bear (key battle soon)
Last wee SC analysis on here got banned. @@ i may have swore too much.
Ok so here you can see whats been mulling around in my head, for where we are macro fractal wise. I like this as it highlights a potential price point for a bull / bear showdown where it would be good to risk off. if you have been spot riding this up.
Lots have gone super defensive here, but this i think is the ledge halfway up on the parabola there locally. Then decision point macro wise.
Long bear or sharp extraordinary bull continuation to climax.
*let us pray for the latter
Under his eye
SIA COIN HISTORY MAY REPEAT Hi,
I'm sharing a SIA COIN CHART with you. I see 10x from this coin in 2-3 months. I see this coin has the potential and has all the a fire power behind to break it's previous ATH and make a new one.
Chart looks pretty same as it were in 2017 october-november. If history repeats SIA coin will boom again.
10x in coming 2 month
don't miss this out
Stay focused.
Sia Coin set up for large breakout?SC has ATH of .11 in JAN 2018, its been down for the most part until march of this year in which it ran up to .06301(somewhere around there.) It is currently at .0199, and has a great looking setup. I believe that there will be a large rally coming soon. From where the chart is now, up to the previous ATH this year there is still 300% upside, and much more if the SC performs in a similar manner as other coins have this season. Also, SC is just a few spots out of the top 100 coins, and will enter the top 100 shortly after the next breakout.
SC/USD stairway to gainsI keep noticing siacoin loves to move in ascending triangles.
These triangles are confirmed by declining volume during the formation. Every triangle the amount of volume gets bigger and bigger.
I therefore think the next move up could be a big one where we surpass our all time high.
This will happen probably before the end of may.
So i'll keep hodling!
SIACOIN SCUSD Update - Fractal MomentsSCUSD has been a great alt coin for benchmarking possible future moves of the alt market. Its been around over 5 years and doin its thing. Thats when I noticed this current formation we are experiencing.. being merely a warm up to the actual bull run. Alt season has barely started.
$0.20 siacoin target for Dec/Jan.Comparing the daily SC chart to the weekly BTC chart, and their interactions with the respective 50MA's provide a good template for what to expect here. The market structures are practically identical, be it on different time frames.
I'll be holding this until at least December I expect.
