SCBTC trade ideas
SC falling wedgeexpecting a break out near 460.
zoomed in on the local peaks/dips, sia tends to bounce off 50% fib lines, seems about in line with 460 being a 50% fib level for the overall chart. Buying now at 480 wouldn't be terrible either given that we lie on the kijun. Can just cost average your way to 460.
not sure if it quite fits the elliot wave, but I left that up there as a side thought. If it holds, then we'd be in correction wave A and would expect a bounce back to 600-700 sats for a possible head and shoulders formation (wave B) before correcting to 300 sats for a full wave C. The C clamp on the ichimoku does look like it needs correcting.
Support 5 is broken damn it's going hard.. will it beak 6?Today it's a big fall.. well maybe because it Friday last Friday everything did go low even on the weekend..
So that will happen here to. But today was some news about a stock market that need to pay a fine because of falls data..
That's i think the reason why it's lower then last week.
If the f0rk on 1 aug is in the mind of the people i don't think it has something to do with today..
Not sure where this is going.. maybe it will break the 6 line.. but every coint is going down so there will be a big bullish coming can't say when at this moment.
Maybe Monday like last time will be the day.
SiaCoin looking SO Bullish! Buy! Buy! Buy!After touching its high point of 857 satos in June, SC has been in down trend but that is about to change. Within a falling wegde and absolutely huge bullish divergence! Yellow is buy zone (470-515), green is the target points (TP1 580 TP2 619 TP3 670+) and red stop loss (450-425). Good luck!
SC/BTC Posible trend reversal or overall bull trend overHey Guys my first share here.
Looking at the different overall trendlines i just opened a long position at 490. Believe me this is either moon or doom. Im going to risk it and stick to the idea of a trend reversal back into a bullish market. I dont discard the idea of the market becoming completely bearish if the 430ish mark is broken as that is the real overall support. Do share thoughts and ideas.
-Cheers!
SCBTC; a shoulder incoming or more?Sia's looking like it has some head and shoulders going on with movements in predictable-ish intervals so I present you the above prediction.
Tho that said wouldn't be surprised if it breaks my predicted HnS pattern, Siacoin has been getting consistent good press and the project seems to be doing well so if it gets moving quick it could trigger folks to jump on, I prefer scepticism tho.