SC - POSSIBLE REVERSAL PATTERNI think the downtrend in SC finished as soon as SC touched the main support line. Now it created a new uptrend channel and I am buying. My short term target is 0.618 FIB level, which is 0.00000702.
SCBTC trade ideas
Bullet stil going on monday?Stil going down.. but i wonder if it wil go under de 50% feb. if zo then it goes way more down. Now it's € 0.0114005 so fit goes to 0.10 i buy
$SC Siacoin RoadmapSiacoin is another fantastic crypto that has gotten caught up in the FUD surrounding BTC and ETH.What business does it have at the current price? Remember, a LOT of people made a LOT of profits recently, and it is natural for them to take it. You need retracements to catalyze long term growth -- that is just how it is... think about how you must cut your hair for it to grow longer.
$SC needs to break this descending wedge it has currently. Also, the Long-Term STEADY Growth Line is looking for a challenge, which it will get soon. In case of breakout, the purple lines are your roadmap for resistances. If SC breaks the big red Bottom support line, watch out. That is its critical support area. Without it, say hello to the 420's and below (yikes!) -- $DGB anyone?
As is the case with $BTS currently, use very strict stops right now. Do NOT trade without them. They keep you in the game. I personally, would wait for confirmation of breaking the first purple resistance line. If that happens with volume, I would go long immediately. That is just me. Define and plan your trades and use your stops! Good Luck peeps!
SIACOIN - Impulse Wave ?fractal progression + Fibonacci wedge + elliott impulse wave 12345 + Eliott Corrective Wave ABC + cypher pattern
may a consolidation zone or starting a impulse wave uptrend. if breaks the support we may could see a downtrend wave .
The SiaCoin waiting gameLooks like a pop is imminent, I'm thinking 1st resistance should hold but its just a waiting game at this point.
Sia Coin has plenty of room to grow.Buy and hold is the name of the game. Based on the daily, I expect a small downtrend to form. As the dollar rises for the short term, I expect this downtrend to coincide with the movement. when the dollar begins to fall again and for the long term, at last, I expect this currency to rise in conjunction. The levels identified are likely to become areas for reversal in trend, and the final touches to those areas may happen in the coming weeks.
Might be a good buytime now if the MACD will show up positiveSC holding at the 0.5 Fibo which is also a strong support line. RSI indicates an uptrend.
If MACD also shows positive buyvolume its a strong signal to buy.
Sia key resistance and fibsIf resistance at 510 SAT gives way it will re-test 489. If it breaks that watch for these correction sweet spots following a big 5-wave move:
467 - Current degree wave 4 low
429 - Larger degree wave 3, 0.5 fib
332 - wave 3, 0.618 fib
Siacoin PossibilitiesFractal Progression + Fibonacci Wedge + Elliot Impulse Wave (12345) + Cypher Pattern
May repeat the 12345 wave while or before it breaks the 487 support, or up or down.
SC/BTC Long-term Target 1000Currently price can fall a little more to approx 496 then consolidate sideways with little ups and downs around 496
Then in approx 5-6 days new cycle will start with a target in my opinion at around 1K.
This is my first analysis trading crypto This is my first analysis trading crypto its new to me but learning new stuffs i hope am right gurus kindly take a look and let me know if am right. Your advise and recommendation will help me learn and be better. Thanks in Advance and Cheers
SC/BTC Trend and wave patternI don't have much to say. The picture above is self explanatory. Look at it and make your decision. Happy Trading!
