SCBTC trade ideas
CRYPTO : SCBTC (SIA Coin) LONG BREAKOUT SETUPThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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Siacoin 15 minute: Bullish cross and flag breakout. With targetsHere we see siacoin having found support at the 1.272 fib. Coincidentally, below this level we should consider getting out for another pullback.
Now, we're breaking out of a flag pattern. For confirmation, closes above 388 and 407 should do.
Upside targets are the fibs, but most notably for now the 550-570 level, because we can identify a bullflag here, and this would be the flagpole projection area. Expect resistance there and another bullflag, or else a top and a selling opportunity.
Finally there are good arguments for assuming it will not stay long above the yellow dashed line.
Check the related idea for more targets and trendlines. it has the chart on a longer timeframe and some interesting indicators.
just an idea ,its been going good so far got a good early entry, been selling and buying back in on the dips this whole way up, the trend has been kind to us, will we see a correction on wave 4 then moon to wave 5?? having history repeat itself from the last time it went through this cycle. bittrex fix your SC wallet so i can sell it there pls
SC 120% profit from short to mid term!SC is heading to an ATH this year and is projecting to do so this month.
Its just a shame to see such a wide gap between polo and rex but its not necessarily a bad thing. They are trying to fix the deposits on rex for a couple of days now, hope they get it done quick.
With dat being said there is money to be made its better to buy on polo right now with the gap being between 240 sat+ there is less risk losing money then being made.
Right now the targets are: 600 sat
850 sat ATH
1100 sat
1500 sat but beyond that i dont see it making it unless they release some new to pump the price.
Siacoin still has room to grow.Besides being a longterm hodl, I'd say sia is stilli set to go up as long as it stays above 344 sats.
First target is 466-471, because of the fib level and the meeting of two trendlines.
Second target is 521, as a bullflag projection.
Third target is the 3.618 fib at 557. Expect regular dips to the 0.61fib of individual waves higher. Trading those peaks and troughs is ofcourse the dream and could lead to real profit.
Good luck in Siacoin.
SIA Coin Is WOKE! (+60% Profit)We just finished off a nice little run (almost 100% profit for some) with SIA-BTC and now we have a good opportunity to buy again.
See the blue bullish pennant formed by the two intersecting dotted lines?
Looks like all we need is a breakout with another indicator confirmation such as MACD or RSI (which we have currently showing bullish signs) - then we enter. Simple geometric lines and curves.
Entry:
370 SAT (yellow)
Targets:
490 SAT (blue box bottom)
640 SAT (blue box top)
Stop-Loss:
330 SAT
Happy Trading Folks! This coin looks strong, we hope that it will continue it's run for a the long-term hold.