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Sia -The only truly decentralized cloud storage -update inc!A new update is just behid the door. I'm not telling that we are going to the moon right now, but Sia already reached its bottom and started new uptrend, which can be slow and steady but also there is good opportunity for some massive growth/pump at this point (negligible resistances, good BTC position, new Sia update - this all may bring us to 300-500% very quickly). The new update will move Sia one more step closer to become the only fully decentralized cloud storage. Sia team is working very hard to reach their visions and the progress is awesome. The future is very bright for Sia. For this price SC has very good R/R ratio. A few informations for people who don't know what Sia is about: - Sia is decentralized, encrypted, peer to peer cloud storage platform. It is encrypted, multiplied, chopped into little bits, and then all those little bits are sent around to a bunch of different hosts. When you want access to your file, the appropriate bits are recompiled and you get your file. - Sia has reduced overhead dramatically by building the framework and outsourcing the storage to anyone with an internet connection and a hard drive. That’s why it can charge a much lower fee. They multiply the bits in case a node holding a piece of your file happens to be offline. - Unlike most new coins, the Sia team chose not to hold an ICO. Instead, Sia began life when its genesis block was mined. This is very unusual in the cryptocurrency world. However, so far this has seemed to work out for Sia. Thanks to prominent investors such as Fenbushi Capital, Raptor Group, Procyon Ventures, along with angel investors like Xiaolai Li, the Sia team managed to raise over $1.25 million in funding without an ICO. Just imagine if any big company (paying big fees for data storage at this moment + dependent on 3rd party which can crash or whatever) starts using this technology to pay X times less fees and become fully independent.. Think about it and possibly you come to the conclusion that maybe there won't be better time to jump in than RIGHT NOW!
Long
by MrCrypto007
Siacoin (SC) | +141% PP | FREE TRADING SIGNALPair: SC/BTC Exchange: Huobi or Binance Trade Duration: Medium Risk: High Signal Strength: Medium Introduction Sia is reinventing cloud storage. Our technology connects users who need file storage with hosts worldwide offering underutilized hard drive capacity. Blockchain technology secures their data and enables improved economics for users and hosts. The Sia blockchain allows this marketplace to run without an intermediary. Sia secures storage transactions with smart contracts, creating a more reliable and affordable offering when compared to traditional cloud providers. No one person or organization can censor or deny access to data—not miners, not developers, nor any government. We believe Sia’s distributed, decentralized storage technology is stronger, more secure, more efficient, and more equitable for the entire ecosystem. Our Entry Zone 0.00000039 - 0.00000044 Our Targets 1: 0.00000061 2: 0.00000076 3: 0.00000094 Our Stop Loss: 0.00000037 (1D close below) If you liked this analysis, hit that thumbs up! Enjoy your day! Axsonex Team ------------------------------------------ DISCLAIMER: Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page. Sources: binanceinfo
S
by Axsonex
4
SC 6 major bullish signsSC has seen a major correction and is now looking to establish support on previous key levels, Support level has held and we saw a nice reaction from these levels confirming the support. Updates and additional charts will be posted in the updates below We can see the following major bullish signs form on SC/BTC - Daily bullish divergence - Weekly bullish divergence - Daily bullish engufling candle - Falling wedge with ending wave diagnoal - Trendline support - Horizontal support zone (we would have to look at bittrex or poloniex chart in order to show this, so it will be posted below) Note: Also major SC/ETH supportzone (will post chart below)
SLong
by RJtradescrypto
3
There is a possibility for the beginning of an uptrend in SCETHTechnical analysis: . Siacoin/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00001680 to 0.00001590). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00001680) Ending of entry zone (0.00001590) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00001880 TP2= @ 0.00002070 TP3= @ 0.00002230 TP4= @ 0.00002370 TP5= @ 0.00002860 TP6= @ 0.00003640 TP7= Free
Long
by ForecastCity
2
There is a possibility for the beginning of an uptrend in SCETHTechnical analysis: . Siacoin/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00001680 to 0.00001590). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00001680) Ending of entry zone (0.00001590) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00001880 TP2= @ 0.00002070 TP3= @ 0.00002230 TP4= @ 0.00002370 TP5= @ 0.00002860 TP6= @ 0.00003640 TP7= Free
Long
by ForecastCity
4
Long Siacoin/BTC Weekly bullish engulfing setup forming on Siacoin / BTC. Lower time frames have switched to higher highs and higher lows so I am taking a swing trade up to the previous lower high from EoY 2018. Risk for my stop below the low is 15%. And my target is 69% away leaving me with a 4.7 Risk/Reward ratio. Our Weekly Slow Stochastic cycle is also rising and price has made it above the 8 EMA showing strength from the buyers. As long as BTC doesn't tank I believe this setup will be quite profitable. A trader wanting better confirmation can wait for the weekly close. Do note you will reduce the R/R a bit by potentially being further away from the stop loss.
Long
by BossCryptoAlex