SCUSDT trade ideas
SCUSDT Perfect CwH Pattern | 215% Move ExpectedSCUSDT Perfect CwH Pattern | 215% Move Expected
SC has been trading below 0.020282 since May 26, 2021, and tried to break that price on June 5, 2021, and August 1, 2021, but failed after creating triple tops.
Now we can see that a very strong trend reversal pattern (Cup with Handle) is formed and the market is again trying to break 0.020282.
I am expecting a 200% move from the current position if we see a successful breakout.
I have explained everything in the chart and here you can read price points.
Entry: 0.020282
TP1: 0.027660
TP2: 0.033414
TP3: 0.040349
TP4: 0.047432
TP5: 0.053776
Final Target: 0.063810
SL: 0.015265
Net ROI: 190% 215%
Trade Risk: 25%
Exchange: Binance
Do not use more than 10% risk of your account.
NOTE: Educational Purpose. Do your own analysis. Do proper risk and money management. Respect your stop loss. Spot Trading only. I will not be responsible for any of your losses.
Siacoin Pushes the LimitSiacoin pushes the limit. If it continues past TR-R to the 1.0 Fibonacci, we can expect a continued advance to .272 and beyond.
Preliminary Entrance: .0186
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All my charts are clean, straightforward and easy to follow. No junk, no needless indicators, just solid volume spread analysis with simple 'take-the-money-and-run' Fibonacci target zones.
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** Not financial advice. Please trade at your own risk.
SC - OverlookSC attracted all attentions. Did a 30% pump in about one hour and still has good buy volumes.
There are support areas holding the price up and also a very powerful resistance.
So having all these in mind, I don't think that we can see another pump for now, so be careful with your long positions.
That possible target on the chart is hard to reach so don't get greedy.
Current Market Price: $0.017916
Good Luck
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BINANCE: SC/USDT (Adam & Eve Break out)🛒 Pair: SC/USDT 🛒
== SPOT==
⏰ 1400/05/09 ⏰
🕰 31/07/2021 🕰
Duration:
📈 SCALP - SHORT 📈
Ex: Binance
#236
🛒 Buy : 0.0145 - 0.0148 🛒
👉Sell Targets👈
🎯TP1: 0.0158 🥉
🎯TP2: hidden🥈
🎯TP3: hidden🥇
🎯TP4: hidden🚁
🎯TP5: hidden✈️
🎯TP6: hidden🚀
🎯TP7: hidden🛰
🎯TP8: hidden🛸
⛔️ SL: 0.0125 by closing H4 candle below
Break out from Adam & Eve double bottom pattern
Siacoin (SC) A Big Bullish SetupDown channel:
The price action of the Sia coin is moving in a down channel since 19th May 2021. It can be easily observed that the priceline is making more attempts to break out the resistance of the channel than breaking down the support. It can be also noticed that after hitting the resistance on 7th July 2021 the price action of Sia cryptocurrency did not reach the support of this down channel. If we take a look at the Bollinger bands then we can understand the reason, why the price line is not moving towards the downside. The reason is that the candlesticks are having the support of the lower banks of the Bollinger bands. The Bollinger bands is also squeezed which is a signal for a big move soon.
Support and resistance levels and SMAs:
On the weekly time frame chart, we can see the major support and resistance levels. There is a very strong key level support at point $0.009 and while testing this support at the same time the price line is also having the very strong support of 50 weekly simple moving average as well. The next resistance is at $0.015 and then we have key level resistance at $0.02 because after breaking out this resistance there is no significant resistance between the highest price 2 cents. There is also 25 weekly SMA at $0.02 resistance level.
Big Fibonacci based harmonic BAT pattern:
On the weekly time frame chart, the price line of SC has formed a big bullish BAT. There is also 50 simple moving average support in the buying zone.
The buying zone as per the Fibonacci sequence of the bullish BAT can be as below:
Buy between: $0.0158 to $0.00975
Sell between: $0.0303 to $0.0523
The maximum extent of the buying zone $0.00975 can be used as stop loss.
As per the above targets, this trade has a profit possibility of up to 430%, and the loss possibility is 38%. However, at this time the loss ratio will be very low, because the priceline is already moving at the end of the potential reversal zone.
Conclusion:
The above move shows that the Sia coin can be more bullish than other top cryptocurrencies like Bitcoin, Ethereum, Binance coin, and others as well.
Siacoin (SC) formed a big bullish BAT for upto 430% huge moveHi dear friends, hope you are well, and welcome to the new update on Siacoin ( SC ).
Previously we had a very nice trade of Sia and it produced more than 800% rally:
Now this time on the weekly time frame chart, the price line of SC has formed a big bullish BAT . There is also 50 simple moving average support in the buying zone.
Inverse Head & Shoulders - Long opportunity with 6:1 R:R Hi all,
Main TA Points;
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1. Inverse H&S pattern.
2. Break and retest of 20MA currently holding.
3. Bollingers continue to tighten signalling incoming volatility.
4. No relief rally in over 10 weeks.
5. Good R:R
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Talking Points;
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Going to keep it simple this time,
After reaching a peak of 6.5 cents we have had a long consolidation across the board. There has been uncertainty as to whether the Crypto Bull Run is over.
I am of the persuasion that this is not the case. This month is crucial for all Crpyto to regain momentum and I think we will be successful.
Nevertheless, we have not seen a relief rally in the last 2+ months and at the very least I expect a retest of the ichomoku as resistance for Siacoin.
Additionally we have a break of the descending trend line for SCBTC pairing. Obviously we would prefer that Bitcoin leads the charge, and its worth noting that we are still valued at over 30K which is outstanding when you think about it.
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Estimates;
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As a measured move we are looking to test the 2.2 cent region. The R:R is good on this trade.
Good luck,
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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.
SCUSDT is continuing the Bullish channel
Welcome back Traders, Investors, and Community!
Hi Traders, SCUSDT on the H4, A Bullish channel after the breakout the Resistance, however it might break below the Support line off the channel but it’s expected to continue going higher to 0.0152
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