SCUSDT
SC/USD (Retested Key Level Support)💎Technical Analysis Summary💎
BITTREX: SCUSD
-Siacoin has found support at the previous level at 0.0025 dollar
-If this support area will hold for the next few days
-It will likely consolidate in a ranging market
-The best option here is to wait for the channel breakout above
-Once the channel is broken upward, buyers will start joining fast
-So please be patient and wait for proper entry and confirmation
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SCUSDT ANALYSISIt is too early to talk about this coin
But buy this coin when the resistance line($ 0,003934) turns to support line(it needs to be open close above the resistance line for 1 candle in 1d)
Other case catch with the EngineeringRobo buy signal like bull, buy1, buy2 ,moon,buy3
For example if you caught the bull signal you got %30 profit now that is brilliant.
In these days EngineeringRobo gave Sell 1 & Sell 2 and Sell 3 to Bitcoin, I am not strongly recommending to buy any altcoins at the moment
It might be have sad ending...
If you want to use EngineeringRobo please dm me.
SC/BTC (Bounce at 200D MA Support?)SC/BTC
-After the Double Top reversal, the price has dropped back to the 200D MA
-The area where the 200MA located is a confluence of the key support zone
-If Siacoin can hold current price market for the next 3-5 days
-There is a high chance to see a strong reaction bounce up to 35 sat
-Bearish side, break below trendline support will lead the price down to 20 sat
SCUSDT forming bullish butterfly | Upto 170% move expectedThe Priceline of World's 72th ranked cryptocurrency out of more than 2300 cryptocurrencies Band Protocol Siacoin (SC) is forming bullish Butterfly pattern and expected to enter in bullish potential reversal zone soon.
Lets have a look on the Sia priceline's move:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.786 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B leg's Fibonacci projection and final (C to D) leg is suppose to be retraced between 127 to 1.618 Fibonacci for a perfect bullish Butterfly and then the price action will be entered in potential reversal zone of this bullish Butterfly pattern, then we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: $0.00113053 to $0.00077098
Sell between: $0.00140711 to $0.00208915
So this chart has potential to give upto 170% big gains.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Butterfly pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
SIACOIN (SC) STEADY BULLISH MOVESIACOIN/BITCOIN IS ABOUT TO TAKEOFF WITHIN A WEEK OR MIGHT BE TWO.
KEEP AN EYE ON IT.
SCBTC 89% Profit now and still chance for upward so What do now?#SCBTC 89% Profit Update:-
#SC blasting Guys.
Hope you all are very happy with analysis and also You learned Power of Patience Like me.
#SCBTC I told you to Buy between 24-26 satoshi and my 24 Satoshi bid also filled that Time.
So now went upto 45 Satoshi which is 89% Pure Profit.
Still #SCBTC Trading at 42 Satoshi.
Hope you very happy with our analysis.
Now Guys if You still Holding then i will suggest you to sell 50% #SCBTC here and book profit.
Because Market is very Volatile so Secure profit is Very Important.
Still more room for Upside but depends on BTC price.
Please Guys LIKE and Appreciate me for My hard work.
And Must follow me for latest crypto Updates.
Thank you.
Siacoin vs Tether AnalysisThe chart for Siacoin vs Tether (SCUSDT) looks very similar to the Bitcoin (BTCUSD) chart.
Here we have prices now trading below EMA10 with more red incoming.
The next support is MA200/EMA50, followed by the orange trendline.
Prices are likely to drop and then a small bounce, to continue lower.
Namaste.
SC/BTC (Uptrend Resume?: over 40% profit target)SC/BTC
-breakout of local resistance
-broke above 50ma on daily chart
-new immediate support at 21-20s
-upside potential is up to 30s
-stoploss below 18s
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
SC/BTC TA Update (Painting Bullish Pattern?)SC/BTC
SC is back from key swing Low support area, the price just barely wicks two candles below 16 sats but immediately bought up. SC still respecting this bullish descending channel.
If SC can hold this level for at least a week. There is a chance it could break to the upside to challenge the 200 Day MA dynamic resistance area.