Siacoin (SCBTC) Updated Chart by RequestI shared a chart for Siacoin (SCBTC) recently and I am still of the same view, many are wondering about what will happen next.
We have a higher low and all the indicators pointing up, so Siacoin is likely to move up again.
Here is the previous analysis with additional information on the chart signals and indicators:
The green arrows show the projected path.
Conditions for change
As usual, we are looking at the green arrow only if things continue as they are going now.
If prices for SCBTC move and close below 0.00000020 the chart starts to change.
Going below 0.00000015 puts the bears ahead and a new analysis would be needed.
Make sure to always have a plan if you decide to trade.
Namaste.
SC
Siacoin Ready To Boom? This Is What I SeeTake a look at the green arrow on the chart, something like this is what I see coming soon for Siacoin (SCBTC).
We've shared many trade ideas in the past for this altcoin pair, the prices now are as good as they are going to get, then the average will be 3-digits+.
This one is good for holding long-term as well.
This is not financial advice.
Namaste.
Siacoin Will Continue To Grow, Solid ProjectAs you might already know, Siacoin is a strong altcoin project and one that has a real working product with a very good team behind it, in February the bulls finally took control.
We are active with SCBTC (Siacoin) with 6 targets hit already and over 111% of profits collected... You can see it below:
Now, prices dropped after a peak of 0.00000039 on the 18-Feb.
Support was found at 0.618 Fib. retracement, followed by another drop that hit just above 0.786 Fib at 0.00000021 or MA200.
MA200 was conquered and tested as support. If prices can remain trading above this level, we will see another strong bullish move soon for Siacoin.
Namaste.
long SC targets is really amazing
i published my idea for short targets and this is long targets
what's your idea about targets ? do you think Sia can do it
History repeats itself
Siacoin Can Do More (Short-Term Move Mapped)SCBTC (Siacoin) is now gaining momentum while moving higher and has room available for more.
Our next target is sitting at 39/40 satoshis before prices start to retrace... This price has already been hit on Binance, so we are likely to see the same happen here... Our next target is marked on the chart.
News updates
Sia Announces Skynet, the Storage Foundation for a Free Internet
"Nebulous, developers of the Sia network, has launched a content distribution and file sharing network
According to Nebulous CEO, Skynet offers lower storage costs and higher speed, and has advantages over both centralized solutions like Amazon Web Services and the InterPlanetary File System (IPFS)."
Source:
blog.sia.tech
www.theblockcrypto.com
sia.tech
Namaste.
Previous analysis | Jan 13, 2020 | SCBTC (+111%)
Siacoin Breaks EMA100 | Readies For 300%+It is looking pretty obvious now... Siacoin (SCBTC) has been trading at its lows for months... A bullish wave took place back in Sept/Oct '19 but then the accumulation period continued to go.
Now, we have Siacoin trading above EMA100 (purple line) for the first time since Oct. '19, when it lasted less than two weeks above EMA100...
Before that, we have never seen SCBTC trading above this level.
Conquering EMA100 (0.00000020) now would send out a strong bullish signal and tell us that Siacoin is ready... Ready to move, ready to grow, ready to generate profits!
Namaste.
Previous analysis | Siacoin Challenges Resistance, Almost There |Patience, Easy 130%
$SC, Pushing up from ~17 sats support level with volume$SC
Pushing up from ~17 sats support level with increasing volume & UCTS Buy signal on the 1D...
Crossed over EMA50 & MACD Bullish divergence..
Similar to what Sept/Oct '19 period showed, if it has continuation from here, we may aim for a new target at ~26sats (20%)
#SC
Sia Coin need support to move to next targets BINANCE:SCBTC will target 59 satoshi but need some support
i hope it will go next days to newtargets
just hold
sure it's good price for buy now
SC / USD (Siacoin) Dragon. Price at the trend fracture zone.On the SC / usdt (Siacoin) pair, the Dragon formation was formed. It will be confirmed when the price breaks the downtrend line (dragon ridge). Now a breakdown is taking place.
ENTRANCE
1) on a breakthrough or pullback after a breakdown of a downtrend line (resistance). It is very important for price growth that the price consolidates above the downtrend line.
2) Above the hump level, if the price fixes above this level.
3) In cases where it is not possible to break through the price and consolidate above the downtrend line - the entrance from the zone near the local minimum price when confirming support.
TARGET
1) The level of the hump of the Dragon.
2) The level of the head of the Dragon.
3) In cases where it is not possible to break through the price and gain a foothold above the downtrend line - the target is a zone near the local minimum of the price.
Stop loss
Under key support levels during your entry into the market.
Perhaps we are now in the zone of fracture of the main trend and the emergence of a new uptrend.
It is worth noting that these are local first targets in a trend reversal. With the reversal of the main trend, the price increase of such a cheap coin can be hundreds of percent. This has been more than once.
TEAM and PROJECT
Siacoin is a pump coin with a very strong team and a real product that maybe no one needs, but it is still real. And this has a huge advantage over various scams. The downside is that it is a relatively old coin, and as a result there were many pumps and maybe there are still many passengers who, at any price increase, will get rid of the coins, thereby preventing the price from moving up. But let's hope that the 2 year dump “killed the faith in the project” and forced them to sell coins earlier.
NEWS + tracking prices.
It is also worth noting that today there was news and a major update: Sia launched a beta version - Sia v1.4.2.0. siastream.tech Includes: a new notification system to inform you of problems, the implementation of FUSE to mount Sia as a disk and significant corrections for processing contracts.
Notice how the news adjusts to the price chart. Today is precisely the moment when the price was to break through the downtrend of the local trend. Coincidence - there can be no coincidence in a fake world. Coincidences are planned actions disguised as randomness.
These are just 3 of over 20 big updates. Accompanied by prices in an uptrend.
Siacoin / bitcoin
Also, please pay attention to this coin paired with bitcoin. Looks great for growth.
SC/BTC The level of the local minimum. Descending wedge. Points
Sia Coin /Double bottom 2X -10X potentialSiacoin has accumulated at around 16 satoshi for a few months with a peak to 21 then more accumulation at 16 satoshis. This is an indication of a double bottom with an extremely solid support indicating the bearish trend is now over with bullish signs in the future. 21 satoshis is the 1st real test once broken out of that resistance the market is confirmed bullish. at the take profit points you can expect minor retracements but overall the market will be bullish!
SC/BTC The level of the local minimum. Descending wedge. PointsThe price has reached a local minimum.
A cup . Descending wedge . Potential double bottom formation. (upward movement to the local maximum level of 27-30 satoshi)
Entrance
1) on a breakthrough or pullback after a breakdown of a downward line of a local trend (wedge resistance). You also need to understand that after a breakthrough, lateral movement may begin.
2) Above the level of 30 satosh if the price is fixed above this level.
Target
1) Downward wedge + 80%
2) If the price is fixed above 30 satoshi - the potential is 75-150% of this zone, or + 300% of the entrance now or at the beginning of the upward movement from the local minimum.
Stop loss
Under key support levels during your entry into the market.
Siacoin (SC) coin work. Pump coin. Pivot points.Entry points with minimal risk and maximum profit.
Strong development team.
The lowest price since the beginning of 2016!
Siacoin pump coin is very strongly merged. The coin is old since 2016. Pumping coins occurred on dozens of X (thousands of percent). Coin has a very strong development team.
Target shown on the chart are local, in the medium term. Coins can be pumped up hundreds of percent when the trend changes to an upward one. But, at the moment, the coin is in a downtrend. Therefore, it is preferable now to work with small local goals, which I showed on the chart.
The chart showed potential entry points with minimal risk and large profits.
1) entry point. If the price fixes above the resistance of the cup. First potential + 75%.
Stop Loss - under the cup support line (which is now the resistance of the cup).
2) entry point. If from these values the price drops to the previous support and the minimum price value of this trend, then entry into the market only with confirmation of support.
Stop Loss - under the support line.
Siacoin Challenges Resistance, Almost There |Patience, Easy 130%Siacoin (SCBTC) hit 19 satoshis today challenging EMA50 for the fourth time in just 1 week... This is the level to break if SCBTC wants to grow and move higher.
As you can see on the chart, the black trendlines have been conquered and all that is left for a strong impulse move is a break of EMA50 (green arrow).
If EMA50 can't be conquered, we will see prices go lower (red arrow) before another strong jump (blue arrow). So regardless of what happens, we remain bullish while trading around support in this setup.
Stay tuned... Siacoin will produce massive gains in 2020 and beyond.
Namaste.
Siacoin Support Holds | 111%+ Move Now PossibleSiacoin (SCBTC) hit a low of 17 satoshis back in September 2019. This quickly led to a strong bounce which produced a bullish wave that peaked at 30 satoshis.
More than 4 months later, this 17 satoshis support is taken out and a new low is hit at 15 satoshis, but prices quickly moved back up giving us a weekly close at 18 and prices are now trading above EMA10. These are bullish signals.
We also have a falling wedge pattern on the chart. Once the black trendlines are broken, we can easily see Siacoin moving higher, the main target is sitting at 39 satoshis.
Thanks a lot for reading.
Namaste.
SCBTC Ending CorrectionSC/BTC is ending ABC correction and we are wainting for next 5 waves upwards.
The level to gain in SCIt's the only one you need imo
For bullish action I wanna see it break above and re-test it
SC/BTC | 50% Profit Potential..!!SC/BTC (Update)
Almost Completed the Falling Wedge in Daily Chart. (Bullish Pattern)
Volume is Decreasing Since 13th OCT & Now Need Some Strong Buying Volume For Breakout.
In Case of Breakout, It might test the Key Resistance (30 Sats) in Coming Days.
If failed to Break the Wedge, Then It Might Test 17-18 Sats..
Expecting 40-50% Profit For Midterm so Keep Your Eyes on It.
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There is a trading opportunity to buy 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 40.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000960 to 0.0000082). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000096)
Ending of entry zone (0.0000082)
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 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= @ 0.00001100
TP2= @ 0.00001250
TP3= @ 0.00001350
TP4= @ 0.00001485
TP5= @ 0.00001700
TP6= @ 0.00001900
TP7= @ 0.00002235
TP8= @ 0.00002565
TP9= @ 0.00003640
TP10= Free
There is a trading opportunity to buy 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 40.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000960 to 0.0000082). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000096)
Ending of entry zone (0.0000082)
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 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= @ 0.00001100
TP2= @ 0.00001250
TP3= @ 0.00001350
TP4= @ 0.00001485
TP5= @ 0.00001700
TP6= @ 0.00001900
TP7= @ 0.00002235
TP8= @ 0.00002565
TP9= @ 0.00003640
TP10= Free