SCBTC trade ideas
3 2 1 SCDaily MACD doing higher lows. Weekly MACD just crossed. Daily RSI doing higher lows.
This is going to rocket son and high.
Siacoin support levels. These support levels come from spring 2016. They were important horizontal supports at that time. I have already started buying this sleeping coin. Maybe we won't see such a cheap price for very long.
Does anyone SC(ee) this? SC/BTC Potential Trend ReversalHello everyone, I hope you're all doing well.
The end of the crypto winter is quite close and multiple indicators are showing some major altcoin recovery that will happen in the near future.
Eventhough, the downside on some altcoins might still happen, I would like to showcase one of the altcoins that has potentially hit its bottom and might do a trend reversal on a Shorter and Longer time frame and that is Siacoin (SC/BTC).
SC/BTC is looking to be in the very good spot as it has hit its crucial Support/Resistance that has been important for it throughout its history and this is 26 satoshi price level.
As it can be seen from the Chart that is posted, SC/BTC has failed to close a candle beneath a 26 sat price level for more than a month, ever since this price level has been tested. It has successfully bounced more than 8 times from this price point indicating that this is a very strong and important Support for Siacoin.
The EMA 50 and EMA 200 have been looking excellent on 4 hour candle indicating that there might be a potential crossover which could indicate a short trend reversal. Ichimoku cloud supports have been pierced which means they also represent a short term support at this levels.
Regarding the weekly chart, Siacoin SC/BTC is looking extremely oversold on RSI which indicates a good opportunity to enter.
Short term targets are:
40 satoshi
60 satoshi
Long term targets are:
100 satoshi
120 satoshi
200 satoshi
260 satoshi
300 satoshi
SC(SIACOIN)NOW =0.00000027 BTC
MAXIMUM UP TARGET =0.00000037
BEST POINT FOR BUY =0.00000002-0.00000003 BTC
I DELETE SOME CHART THAT CHART NOT COMPLICATED
SIACOIN - LONG TERM HIGHLY BULLISH - CryptoManiac101SC / BTC TA
Chart is self explanatory, does not mean it will bull run in September, but in long term view this crypto will shock you with profits.
Sia v1.4.1 is out - Important milestone!Sia v1.4.1. is here!!!! For the first time ever, it is possible to backup files stored to Sia using just the wallet seed. The process is FULLY decentralized and does not depend on any third party services nor require any information to be sent to any Sia servers.
This release contains substantial improvements to create a cleaner, smoother, more comfortable, and more scalable experience. While using less memory and computation than v1.4.0, the new version is able to handle more than 20 TB of data spread across hundreds of folders with thousands of files each. The UI has also seen significant improvements, including support for the long-awaited dark mode. File management within the UI has also been significantly improved, and now includes sorting for files, and the ability to drag files into other folders.
The Sia team has been working hard to improve the state of the art, and v1.4.1 is unquestionably the best decentralized data storage product built to date.
...and that is just the beginning.. Well done Sia team! Fck Google or any other 3rd party services - this is the same revolution like BTC but in cloud storage area.
Falling Wedge with accumulation?When SCBTC breaks out Falling Wedge pattern first target is around 400 sat.Fingers crossed ;) Good profits to you all!
Awesome news in SIA development!If you check Sia blog ( blog.sia.tech and find there "A New Chapter in Sia Mobile App Development" ), you can see that about one week ago there was made significant step forward in bringing their decentralized cloud storage a big step closer to real world usage.
I believe that SC is very close to the bottom (the Binance block for US and related panic selling is causing a little mess in that, but nevermind). I feel a great oportunity to buy more SC now (like never before)! SC can easily make 1000%+ from this point.
This is just my personal opinion ;) Happy trading!
SC GOOD FOR LONG TERM INVESMENTIt is one of the few coins that provides real service. It seems like good idea to hold some amount of this. But this coin also have something called siafund which works like share, so if you are investing to this i suggest you getting informed about that.
No targets just HODL.
SCBTC is near to start Bullish trendBullish Trend is start next week.
You can Buy it Now because its on the minimum price in 2 years.
Sia -The only truly decentralized cloud storage -update inc!A new update is just behid the door. I'm not telling that we are going to the moon right now, but Sia already reached its bottom and started new uptrend, which can be slow and steady but also there is good opportunity for some massive growth/pump at this point (negligible resistances, good BTC position, new Sia update - this all may bring us to 300-500% very quickly).
The new update will move Sia one more step closer to become the only fully decentralized cloud storage. Sia team is working very hard to reach their visions and the progress is awesome. The future is very bright for Sia. For this price SC has very good R/R ratio.
A few informations for people who don't know what Sia is about:
- Sia is decentralized, encrypted, peer to peer cloud storage platform. It is encrypted, multiplied, chopped into little bits, and then all those little bits are sent around to a bunch of different hosts. When you want access to your file, the appropriate bits are recompiled and you get your file.
- Sia has reduced overhead dramatically by building the framework and outsourcing the storage to anyone with an internet connection and a hard drive. That’s why it can charge a much lower fee. They multiply the bits in case a node holding a piece of your file happens to be offline.
- Unlike most new coins, the Sia team chose not to hold an ICO. Instead, Sia began life when its genesis block was mined. This is very unusual in the cryptocurrency world. However, so far this has seemed to work out for Sia. Thanks to prominent investors such as Fenbushi Capital, Raptor Group, Procyon Ventures, along with angel investors like Xiaolai Li, the Sia team managed to raise over $1.25 million in funding without an ICO.
Just imagine if any big company (paying big fees for data storage at this moment + dependent on 3rd party which can crash or whatever) starts using this technology to pay X times less fees and become fully independent.. Think about it and possibly you come to the conclusion that maybe there won't be better time to jump in than RIGHT NOW!
SiaCoin Ready to Gain on BTCSiacoin finally finding its support. This is the first time my indicator has flashed a signal since the sell signal it gave from the 2018 top. Now it is giving us a buy signal to work with. Initial target from here is a simple retest of the former trend. To put things into perspective that is a x 5 return from here. Good luck with the trade. Hope it doesn't disappoint.
SC - Siacoin 1D - DIVERGENCELower low than the previous low in chart and ascending slope in MACD and RSI, you can see that a divergence was formed, so probably is going to go up.
I'm buying and problably going to sell at 140sats.
