SC breakoutSiacoin just broke through a long time trend line on high volume! It's currently at a resistance level but if we break through I expect good gains. Moving averages and RSI looking good.
Been buying this one sub 100 sats.
SCBTC trade ideas
Bullish Crypto Strategy - Fibonacci Retracement + ExtentionThis is a great strategy for bullish market,
Set buy orders at 0.5 ret and sell orders at 1.618 (AB=CD)
Doesnt mean thats gonna work for every coin or every bull run
But when you see breakout and pullback, high probability for this strategy works
if your in that trade, you can feel much comfortable to manage your risk,
And when you close that kind of trade in profit, you'll love TA..
SIACOIN ON TRACK WITH OUR PRIOR TA - 1250% + - CryptoManiac101SIACOINBTC
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Prior member TA
Siacoin.. Where are we gonna See Ya?!BITTREX:SCBTC
Strong community
Strong coin
bottomed and squeezing
This is a midterm trade, enter at your own risk.
P.S.: I am not a financial advisor, trade at your own risk.
$SC Sia Coin Easy X2 Sia Coin $SC is an old coin with a price that is still cheap where it used to give good profit many times before.
Let's take a look at some of the signals, quickly and move on to a trade.
The new big wave coming soon... I expect it to take place in 1-2 weeks. it will take place at the latest October.
Currently in Siacoin capitulation zoneTA:
RSI downtrend broken
9MA nearing 18MA for upward cross
Currently in low historical region
*If BTC falls SC will quickly follow
FA:
Siacoin is one of the few projects I've come across with weekly updates and a service that is constantly evolving for the better.
SCBTC - Break channel downSIA already break channel down, but still not perform any pattern.
We can set new buy position here with target 153% profit projection at 232.
but careful, if 1st support at 72 break down again, SIA will drop to second support at 48
Sia Support zone reachedI published a TA on SC a few weeks ago predicting a 1:1 wave C extension at least. That happened, but as you can see it overshot 1:1 slightly. So that prompted me to search for other support levels.
SC is currently doing a small bounce. Time will tell if that is the foundation of more stable growth. But it has reached some key levels:
- It bounced right on reaching the 2.618 fib extension of wave i (of wave C), This fib extension was deleted to remove clutter.
- The above level was also co-located with a 1.618 of the first wave (of the fifth wave in wave C) level.
I would call this as a reasonable and plausible support level for SC. Now if only people would stop capitulating :) Time will tell.
Sorry, no up-side targets as yet. I will be watching for a definitive bounce given that SC is on sale.
Disclaimer: I own and also mine SC. I think, given the tentative stability of BTC I am looking to add more SC if support holds.
SC-BTC golden opportunity is coming strong support has been broken.
Siacoin is famous for 90-100% retracement
we should expect it to drop more and to 40-50 range satoshi
This is not the time to buy alts but wait for them to drop massively.
if you trade coins with only bullish mind , you will be burnt.
Always use the eye of third party who don't buy or sell the coin to look at the chart :)).
Note: this post is for discussion only, not financial advise
will siacoin reach all time down soon?i believe sia will still droppe and it could reach the all time down soon
Bounce Off Support, Trade Sideways Until The End Of SeptSC has been in a downward trend for a while now, looking to hug this support line & Healthely trade sideways before our next leg up
SC Siacoin last drop before big bull break (hopefully)Hello All,
My first crypto post :) Due to the market down-turn a lot of people are (including me) are awaiting signs of a strong recovery before diving in again. BTC is showing everyone that when it goes up it can do so with some real conviction.
After the swing high in January 2018, SC has been in an ABC correction. It is showing none of the recent bullish behaviour of BTC. Wave A was quite strong and reflected the sharp drop in the market at the time. Wave C is not looking like it will make a 1:1 wave A extension due to the slope of the wave is much shallower and the sub-waves smaller. I would extect wave C to make somewhere between a 0.618 wave extension and the 1.618 sub-wave 1 of wave C extension (green box). It may get there, it may overshoot, or it may fall short. Let's see what happens.
Everyone has been feeling the pain of the past few months. Remember to keep a close eye on things, do your own research, and lock in profits along the way.
Disclaimer: I own and mine SC. I normally have a disclaimer about how my published analysis is 100% technical and 0% fundamental,however, my decision to buy an mine SC was made primarily on fundamental analysis (use case, developer progress etc) although I haven't been following any recent news from SC.
Siacoin - what will happen next? So, what will happen to SC?
I'll tell you my point of view: I see 3 waves here, and each roll was exactly at 61.8 Fibo previous. Starting from this, within a month I expect a new wave: first growth to 0.00000172, a small pullback to 0.00000140, and an output of 0.00000242.
I also add that until the end of the month, SC expects quite significant news - Microchain Based Code:)
There is a trading opportunity to buy in SCBTCTechnical analysis:
. SIACOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 25.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000120 to 0.00000093). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000120)
Ending of entry zone (0.00000093)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000157
TP2= @ 0.00000179
TP3= @ 0.00000207
TP4= @ 0.00000239
TP5= @ 0.00000264
TP6= @ 0.00000319
TP7= @ 0.00000393
TP8= @ 0.00000453
TP9= @ 0.00000745
TP10= Free
There is a trading opportunity to buy in SCBTCTechnical analysis:
. SIACOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 25.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000120 to 0.00000093). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000120)
Ending of entry zone (0.00000093)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000157
TP2= @ 0.00000179
TP3= @ 0.00000207
TP4= @ 0.00000239
TP5= @ 0.00000264
TP6= @ 0.00000319
TP7= @ 0.00000393
TP8= @ 0.00000453
TP9= @ 0.00000745
TP10= Free
Dib to buy into? Accumulation is possible here. AUG 5 - eventAugust 5th Fractal Event!
Just like july 11 was a giant distribution event!
So with this new date and price projection.
We can start to see if we can gain some more of these coins.
This is my 3rd attempt to accumulate this coin.
Third time is a charm? Thank you Stop losses, if u didn;t have them u would have lost too much to reenter.
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, JUST ask.
If you got a question, ASK away!
Thank you,
Ajion
