SCUSDT.P trade ideas
SIA pump to 2 cents ?Let me know what you guys think, could be just wishful thinking then again who knows ?
PS not trading advice!!
Siacoin will run like a godMissed out on DOGE or GME? Dont worry.
Siacoin is still cheap compared to the ATH 4 years ago.
We are going to pump this baby like there is no tommorrow.
First target for SIACOIN = 0.03
Come and enjoy yourself at Reddit/SatoshiStreetBets
Time to get filthy rich
SiaCoin to 1 cent Risky Traders Only
Disclaimer: Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. I am not liable for any losses or damages you may incur—this means that you alone are responsible for your actions in any trading or investing activities.
Siacoin's short term Bullish movement An analysis for Siacoins Short term bull movement. Over all, I am expecting SC to 100x-200x on the year.
SiaCoin looking to move higher !There are 3 basic things I noted when i analized this chart.
- Upward channel that confirms the bullish trend
-New levels of support and resistance
-The new resistance level also becomes the target price in February
If the weekly candle is green I think it is a good entry point.
What do you think about ?
Siacoin (SC) Trading SetupSiacoin ( SC ) is the native utility token of Sia , a blockchain-based distributed, decentralized cloud storage platform. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space.
According to its whitepaper, the long-term goal of Sia is to compete with existing storage solutions. It sees itself as being in direct competition with major cloud storage providers such as Amazon, Google and Microsoft . Because of its decentralized nature, Sia is able to offer competitive storage rates.
Latest news: 13 Jan 2021: Release of v1.5.4 marks an important chapter in Sia’s history - incorporating the Sia Foundation hardfork. Sia Foundation is a non-profit charged with developing & growing the Sia network.
You can also check my SC/BTC trading setup chart. I expect SC to have a strong bounce between 18-24 Jan 2021.
For details comment at any time!
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✳️Siacoin/USDT Analysis (16/1) #SC $SCSC has a hesitation in $0.0047 zone and if there is no more buying power, SC will fall to $0.0035 zone.
However, the thing we should be most concerned with is that the buying power in early January is very strong and very solid, so there may be strong buying force coming into SC in the coming time. So our main plan will be to wait for SC to close a 1D candle above $0.0049 to buy in for target at $0.0065.
📅NEWS
👉Feb 3 : V1.5.4 Upgrade Deadline
(twitter.com)📈BUY
-Buy: 0.0047-0.0049$ if A. SL B
📉SELL
-Sell: 0.0063-0.0065$. SL A
♻️BACK-UP
-Sell: 0.0047-0.0049$ if B.SL A
-Buy: 0.0034-0.0036$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Possible Cup & Handle forming for Siacoin Hi all,
Main TA Points;
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1. Golden Cross Formed.
2. Seem to have found support at the 61.8 FIB.
3. Descending triangle invalidated.
4. Breakout accompanied by strong volume.
5. Promising fundamentals.
6. Find bottom indicator as well as MACD suggest return to uptrend likely.
7. Ichimoku offering support as well.
***
Talking Points;
***
A promising project and team that has delivered a working product for some time. Fundamentally speaking a strong contender, and according to my estimations not at risk of SEC attention as they did not hold an ICO. Siacoin is not to be mistaken for Siafunds which are in fact securities and have been sold as such.
We recently had a significant break out early January with higher time frames suggesting that S/R flip has occured.
The current support of 61.8 fib does seem to be painting a cup. The fib retracement has been set from the high of August of 2020. The current local high has exceeded this. We could expect the handle to be formed as a retest of Augusts high and subsequent longs could be placed from the break of the neck line with stop loss just below handle at 88.3 fib as a guide. Example trade would offer 3.34 R/R ratio.
***
Estimates;
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The run up to 1 US cent might have a retest of the 0.007 range, but short to mid term targets based off historicals would suggest as a run up to the 1 US cent range as the stronger resistance.
Price action expected to occur over the next 14 days.
Good luck,
***
***
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.
***
Siacoin vs Tether USD Rising Wedge (135% Mapped)Here we have Siacoin (SCUST) in a rising wedge, it has been growing since March 2020. We will soon be talking about 2021 and 2020 will be in the past... Incredible isn't it?
In the last two weeks, SCUSDT managed to close above EMA10, EMA21, EMA50, and EMA100.
Last week we saw the biggest volume bar since February 2020... Both these signals are strongly bullish.
The RSI is at 57 weekly, which is also super strong.
The MACD is in the bullish zone.
We can expect to see Siacoin continue climbing within this rising wedge.
The next target is mapped at 135% based on the October 2018 high.
Before this one, we have a 60% target at $0.00565.
Siacoin vs Tether USD is looking bullish just like SCBTC.
Thanks for reading.
Namaste.
SC/USDT - LONG - Potential 9.26%***NEW TRADE SET UP"**
SC/USDT - LONG - Potential 9.26%
Optional Leverage: N/A
Entry- 3413
TP1(75%) - 3541
TP2- (25%) - 3729
SL - 3251
- BTC holding support WELL
- RR - 1.95
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
SCSUSDT - Long - Potential 10.20%SCSUSDT - Long - Potential 10.20%
Entry- 3587
TP1- 3720
TP2- 3938
SL- 3352
- BTC Volatility - Manage Trade
- RR -
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
SCCoinlegs detected Trend Line Touch for SC at this point and it has already increased 5% so far
It should break out strong resistance line to go further
BINANCE: SCUSDT🛒 Pair: SC/USDT 🛒
🎁 Bitcharge Binance Signals™️-FREE 🎁
== SPOT==
⏰ 1399/09/08 ⏰
🕰 28/11/2020 🕰
Duration:
📈 SHORT - MID 📈
Ex: Binance
🛒 Buy1 : 0.0028 -0.0029 🛒 1/3
🛒 Buy1 : 0.0027 - 0.00275 🛒 2/3 DCA
👉Sell Targets👈
🎯TP1: 0.0031 🥉
🎯TP1: 0.0033 🥈
🎯TP2: 0.0036 🥇
🎯TP3: 0.0039 🏆
🎯TP4: 0.0041 🚁
🎯TP5: 0.0045 ✈️
🎯TP5: 0.00495 🚀
⛔️ SL: 0.002650 ⛔️ with 4hrs candle closing below
Testing S/R flip (pullback)
Risky Call❗️
possible forming right shoulder before continuing uptrend moveif btc huge correction, most alts (if not all) will be crushed for a brief
SCUSDT - SHORT - Potential 19.61%290) SCUSDT - SHORT - Potential 19.61%
Enter- 3141
TP1- 2900
TP2- 2525
SL- 3430
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