SCSOL_BSZEDB.USD trade ideas
This is the real truth Fibonacci, the golden ration and the right timeframe is to be found. Life is not easy, understanding the market is also not easy, so try to grasp the emergent pattern. Don't go for tunnel-vision trading when you see a duplicate of a singularity emerging.
My TP's 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, 2584, 4181, 6765, 10946, ...
Happy trading
{\displaystyle i\hbar {\frac {\partial }{\partial t}}\psi ({\vec {r}},t)=H\psi ({\vec {r}},t)}.
One more shitcoin pump before bear market?Just looking back at the amazing May and June bull run, and comparing it to the recent pump and noticed a surprisingly similar pattern in SiaCoin which could indicate one more big pump before a long consolidation phase.
Based on what I have seen across most of the smallcap coins, this pattern could apply to a lot of different 'shitcoins' ;)
Just some speculation...
Possible next cycle for SiaCoinThis is my guess on how next bull run for Sia may look like. It probably will correlate with the imminent BTC bull run (Whales got to make money somehow, right?) My goal for this trade is around 12-15 cents per SC. However, on some exchanges, like bittrex, the top may reach 25 - 30 cents, at some short lived moment. Though, this is just my hopes and dreams.
SiaCoin SCUSD Personal favourite of mine... 0.015 is where I buyThis is a favourite of mine cause of it's fastness. Careful, I stepped out to early ones already and you'll go nuts when you see it double without you.
It's no Elliot!!! It's BWPP with Elliot tools.
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SCUSD ShortWe can see both 0.618 and 0.500 of Fibonacci leves of bigger trend are on the same level that created reversal point. Also, MACD and Stochastic are both showing weakness of trend and oversold SC. I recon that maybe we'll see bounce of black line at 0.022999. In that case, short at REVERSAL POINT. If not, short as soon as price goes below 0.022999. Fibonacci levels under REVERSAL POINT are profit levels.
What's up With SiaCoin?Siacoin is indeed a great project that one day could pay off big time. As it continues to trade near the very bottom, with the current price standing at $0.014, the growth potential is truly enormous.
Since 18th of March, after hitting the bottom at $0.0082, SC/USD started to move higher producing higher highs and higher lows, while at the same time breaking above the 200 Moving Average. Siacoin reached $0.016 high and corrected down to 50% Fibonacci retracement level that has been rejected together with the 3/1 Gann Fan trendline.
It seems that $0.012 is a strong demand zone and the very beginning of the long term uptrend. Perhaps such a low price will never be seen again. Of course this is pure speculation but it certainly can become the reality.
SC - Long Term Wave Analysis SiaTech is issuing 750 SiaFund Tokens in what they are calling a TSO (Tokenized Security Offering) 04.16.18 auction start date. This news could be used to trigger the start of the 3rd wave. Based on my overall long term Elliot analysis, SiaTech should see new ATH in 2018.
Sia and the tricky sitchy #siacoinSia is trading below the long term support. Then again anyone can redraw that support to make it look like support and price are aligned. that being said as positive move here is that Sia finally is able to move at least sideways off the short term resistance line (in red). Sia, like all the alt coins, will trade close to BTC. But the weekly charts are showing possible crosses.