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Siacoin / TetherUS

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SCUSDT trade ideas

SCUSDT - Reaccumulation is in actionHi Everyone, Keeping this analysis simple and Straightforward. if you look at the history of this chart, It is repeating very similar pattern, that lead me towards the conclusion that this coin is in accumulation phase. As soon as BTC start behaving like a good boy, we might see a PUMP.. This project is also from Web 3 category with very interesting subcategory of cloud storage that make it very bullish. short term targets are mentioned, while long term target is $2 Thanks. Definitely i am not giving any sort of Financial Advice, this TA is for my own entertainment and educational purpose. please like and i welcome all sort of Constructive Criticism as i am new and self studying about Financial Market and TA. Your support will be highly appreciated. Regards
Long
by CryptoCaffiene
SIA COIN- Ready for a new Liftoff?3 Reasons to Buy Siacoin Siacoin provides tangible real-world utility and an attractive investment thesis based on disruption and innovation in the cloud-storage space. Key Points The Sia network provides decentralized cloud storage in a secure way. This decentralized cloud storage is provided at extremely low prices, making the Sia network competitive with established industry giants. The security of this network is impressive, a key factor that could spur mass adoption. For cryptocurrency investors, the search for meaningful utility is always on. Finding the next cryptocurrency network with the disruptive ability to innovate in hyper-growth sectors of the economy is the goal. However, breaking into certain segments of the tech economy can be difficult. Big Tech seems to control everything these days, and cloud storage is no exception. Companies dominating the cloud storage space include major players such as Google, Amazon, and Microsoft. However, there's one upstart decentralized network seeking to take a slice of this growing pie. The Sia network, powered by Siacoin (CRYPTO:SC), is a unique offering in this oligopolistic space. The Sia network provides cloud-storage services on the blockchain. Since Sia is a decentralized service, there's no single point of failure. Users pay in Siacoin for this storage, and providers are paid in Siacoin for their troubles. Indeed, Siacoin could represent the decentralized future of the cloud. Let's dive into three reasons why Siacoin could be a great long-term investment for those seeking disruptive blockchain technologies today. 1. A cost-effective cloud-storage solution Running large numbers of connected servers isn't cheap. Accordingly, cloud-storage companies are increasingly being forced to increase prices to meet these costs. Inflation is real, and companies in many cases don't have a choice but to pass on costs to the consumer. For example, Microsoft Azure charges $18 per month for 1 terabyte (TB, or 1,000 gigabytes) of storage. The Sia network, on the other hand, charges less than $4.50 for the same service. This is a rather significant price difference and could be meaningful for companies requiring cloud-storage services at scale. If anything, the secular trends underpinning growth in cloud storage are only likely to accelerate over time. Undoubtedly, the pandemic helped accelerate cloud adoption to some degree. However, there are certainly reasons for investors to have a very positive outlook for cloud-storage providers in the years and decades to come. The Sia network's current cost advantage could be viewed positively in this light. As adoption picks up across the network, expectations are that Siacoin's value should appreciate, as well. 2. Peer-to-peer storage solutions The Sia network is the premier peer-to-peer cloud-storage solution in cryptocurrency today. This blockchain-based provider offers a solution that anyone can be a part of. Decentralization is the name of the game in the cryptocurrency world. However, most of the focus in this space right now is on decentralized transactions. For cloud-storage providers, there are other advantages of being decentralized, peer-to-peer solutions. Security is one of the key drivers of the Sia network's allure in this regard. However, the nuts and bolts of how this network operates are intriguing from this perspective. In order for a cloud-storage provider to join the network, a certain amount of Siacoin must be locked into a contract. These contracts are cryptographically enforced in the blockchain, simplifying the process for users and providing collateral to ensure both parties will be satisfied with the arrangement. Both the user (renter) and host put some amount of Siacoin into the contract. If the host fails to perform its duties or loses the client's data, the user is compensated in Siacoin. Additionally, since the renter pays upfront, the host is guaranteed to get their money from the transaction. It's a win-win. 3. Security is paramount As a cloud-storage intermediary, the Sia network's security protocols are of utmost importance to those looking at this service. In this regard, there's a lot to like about how the Sia network has chosen to think about a security-first approach. There are a few security advantages the Sia network has relative to traditional cloud storage providers. Perhaps the most obvious is the fact that the Sia network is decentralized. Since there's no central server to attack, a hacker would be required to carry out multiple attacks on various servers simultaneously in order to significantly disrupt the system. That's an obvious plus for those concerned about potential cloud-server hacks. Additionally, the hosts are anonymous, and the level of encryption and data-transfer security appears to be among the best in class right now. Anonymity is ensured. Since the owners of the files are the only ones with private keys to access the data, no one other than the owner is able to access the files. Finally, the Sia network uses redundancy, splitting files across many computers. This means that even if some of the nodes operating the network are offline for any reason, the renter will be able to access their files at any time. A potential long-term winner One of the drawbacks of many cryptocurrencies is that they power networks with no real utility outside of storing or transferring money. Other cryptocurrencies such as Siacoin support powerful utility-generating functionality in the real world. That can be both a good and bad thing. Obviously, Siacoin's value as the currency used on the Sia network is dependent upon this network continuing to grow. Unfortunately, there aren't as many catalysts for Siacoin as there are for a cryptocurrency like Ethereum, for example, where an enormous network of projects utilizing smart contracts and tokens are built on top of it. This multipurpose functionality is what drove Ethereum to the heights it has reached. Siacoin's growth may not be as explosive. There are other risks with Siacoin, as well. In 2019, the developers behind Siacoin were ordered to pay $250,000 for alleged securities fraud for offering an unregistered security. Although the SEC has chosen to take no further action against the Sia network at this time, the budding cryptocurrency world is certainly not without risk. That said, for those intrigued by the potential disruption the blockchain could bring to the cloud-storage space, Siacoin is a compelling token to consider. Right now, Siacoin is one of the top smaller-cap cryptocurrencies I'm watching for this reason.
Long
by FX_Professor
5
SC Probably Going to parabolic Really soon!!Technical analysis: #SC coin(Daily update) * SCUSDT BREAKON the Symmetric tringle pattern AND Retested also done, the beginning of an uptrend is expected from here. *The price is trading ABOVE 50- MA but try to break the 21 MA as well as trend line , LOOK too bullish when it will trade above the both MA's as well as downtrend. it could start new really to 0.10 or more soon!! * RSI above the 55 and retesting the breakout Trendline that's means bulls are upper hand and sc will take momentum from here.. Take Profits, TP1= @ 0.02760 Done TP2= @ 0.04304 TP3= @ 0.06172 TP4= @ 0.08891 TP5= @ 0.1497 TP6= @ 0.2047 next to the moon lol SL=close BELOW 0.01290 on daily bases. 🥰If you find this helpful and want more FREE forecasts in Tradingview😍. Please show your support back🙏, Hit the 👍 LIKE button, Drop some feedback below in the comment✍️! ❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝 💎 Want me to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let me know how you see this opportunity and forecast. Trade well, 💪 #SCCOIN #CRYPTO #BULLISHRUN #ALTCOIN #UPTREND
by Bitking786
3
SCUSDT 4H - READY FOR PUMP BINANCE:SCUSDT ( Daily Chart ) - Technical Analysis SC look bullish right now, after break the daily trend then make a bullish pattern for next move. Entry Point : 0.0187- 0.0195 Target 1 - 0.02200 Target 2 - 0.02500 Target 3 - 0.03124 Target 4 - 0.03500 Target 5 - 0.04000 Stop Loss : 0.016 Keep in mind leverage trading can be highly risky, trade with not more than 5% of your funds in leverage trades. *Not financial advice. If you want me to share these trades here, hit the like button and share your views in the comment section.
Long
by KAC-Crypto
Siacoin - Long PositionSiacoin is explained as a digital decentralized storage platform. It provides an access to encrypted storage in the blockchains public ledger where user can hold any information he’d like. It’s very easy to define Siacoins idea. Siacoin takes common centralized cloud storage like DropBox or Amazon and distribute it to the shared decentralized network. Siacoin aims to make a free market-based network by providing hosts with a huge options pack, lie setting your own prices, advertising, compensations in the case of losing information and an ability to choose whether to provide storage to a client. To encourage hosting Siacoin compensates hosts job with Siacoin token – SC coin. If all the terms of client and hosts are agreed upon, file contract is drafted so while info is stored in host server, all the info about that transaction is kept in Siacoins blockchain.
by crypto-never-sleeps
Binance: SC buy / long H4Binance: SC buy / long H4 Entry: 0.025 SL: H4 close below 0.022 TP: 0.035 Sia aims to offer a decentralized cloud storage infrastructure. Sia connects users who need file storage to a distributed global network of hosts, willing to offer under-utilized hard-drive capacity. The Sia blockchain allows this marketplace to run without intermediaries. Sia secures the storage transactions with a set of smart contracts, creating a (supposedly) more reliable and affordable offering when compared to traditional cloud providers. The Sia network runs on a Proof-of-Work (PoW) consensus algorithm. The SC token is used to pay for storage services offered on the platform.
Long
by Tran_Tri_Tai
Siacoin vs Tether Long-term Bullish (Weekly TF Analysis)We are looking at Siacoin vs Tether (SCUSDT) this time long-term. 7 days per candle; Weekly. The bullish bias is becoming stronger. This week we high a higher high compared to late August. This week we have the highest volume since April. SCUSDT price weekly is above EMA10, EMA21 and EMA50. The MACD is in the bullish zone and curving up. The RSI is above 60, weekly this is super strong. All these are bullish signals. The more bullish signals, the higher the potential for this to grow. I also mapped multiple targets, support levels and the chart pattern (ascending triangle) currently in play. Thank you for reading. Namaste.
Long
by AlanSantana
7
SCUSDT NEW RALLY? BULLISH TREND Hello Traders, - Please push the like button if you like the content or drop a comment to share your idea! - SC is trading in a symmetrical triangle since April 2021 on our 1D time-frame chart, our EMA200 is acting as an dynamic support holding the price up , buyers are showing strength since mid September , good buying volume is starting to rise we would like to see a breakout from our triangle around 0.0245$ with a daily close candle confirmation which show us that buyers could take the price higher breaking our old R/S 0.03314$ - 0.04174$ . - Based on our 4H time-frame chart, price action is making his way in a decent ascending channel making new higher lows with an increase volume. -Stochastic indicator is showing positive sign , price is in buy zone territory - I am overall bullish on the long-term for SIACOIN , from a technical perspective and fundamental side ( check the main 3 reasons down below ) (Fundamental Analysis): 1-A cost-effective cloud-storage solution 2-Peer-to-peer storage solutions 3-Security is paramount Good luck Sia lovers!
Long
by Johnny_a88
🧜‍♂️SIA/SC- consolidating under key level, breakout soon?The price is consolidating under key level resistance. The current level is heavily supported by: 200EMA, dynamic support(orange) dynamic support from previous resistance(blue), local level(0.1889) and node of high volume. Entry: buy between key level and 200EMA Targets: 0.02155 0.02401 0.02558 0.02788 0.03444 0.03718 0.04364 0.05715 0.06398 ------------- About SCU: Siacoin (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. Agreements and transactions are enforced with smart contracts, and Siacoin is the medium of exchange for paying for storage on the network. The main goal of the project is to become the "backbone storage layer of the internet." Sia was originally announced in May 2014 before being revised and re-announced a year later in May 2015. It officially launched in June 2015. Source: coinmarketcap
Long
by V0VOLAN
4