SCSOL_BSZEDB.USD trade ideas
Siacoin (SC) - April 22Hello?
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(SCUSD 1W chart)
(1D chart)
We have to see if we can get support and climb in the 0.04042558-0.04305929 range.
If you move down at 0.03252445, you need a short stop loss.
However, it may rise along the uptrend line, so careful trading is necessary.
If it falls between 0.02198961-0.02462332, Stop Loss is required to preserve profit and loss.
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(SCBTC 1W chart)
(1D chart)
We have to see if we can get support and ascend at the 77 Satoshi point.
If you fall at the 62 Satoshi point, you need a short stop loss.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
SiaCoin heading towards ATHIn the past couple weeks Sia Coin has shown strength. One reason is clearly related to alt season, but there are strong fundamentals in SIA.
Check out their website: sia.tech
So where's the strength in SIA? Well, You all Google Drive, Microsoft OneDrive, DropBox and other cloud storage services. SIA comes into the game by providing a decentralized storage solution for the post-cloud world.
How does it work? Well, with centralized storage services like Google Drive, you upload your files to Googles servers, while with SIA, most of us have free storage in our computers hard drives, which we can rent out and get paid for it.
What's the advantage of using SIA for file storage? Privacy, security and cost. Sia encrypts and distributes your files across a decentralized network. You control your private encryption keys and you own your data. No outside company or third party can access or control your files, unlike traditional cloud storage providers.
When it comes to cost, on average, Sia's decentralized cloud storage costs 90% less than incumbent cloud storage providers. Storing 1TB of files on Sia costs about $1-2 per month, compared with $23 on Amazon S3.
And what about the safety of your files? Well, no worries, Sia distributes and stores redundant file segments on nodes across the globe, eliminating any single point of failure and ensuring uptime that rivals traditional cloud storage providers.
Storage users can be individuals, developers, businesses, etc..., technically, anybody with free storage can use SIA to rent out their storage, and anyone who needs storage can use SIA to store their files.
In fact, as far as of today, SIA has 2.2 PB Storage Capacity, 321 Storage Providers ,538 TB Used Storage and 1.2M Downloads.
Siacoin is still cheap to buy, it trade at 0,013 USD, Coinbase is considering adding SiaCoin (ref. blog.coinbase.com)
** This is not an investment advice, it's just my point of view on SIA
Sia - The GreatestUh-oh, running out of breath, but I
Oh, I, I got stamina
Uh-oh, running now, I close my eyes
Well, oh, I got stamina
And uh-oh, I see another mountain to climb
But I, I, I got stamina
Uh-oh, I need another lover, be mine
Cause I, I, I got stamina
Don't give up, I won't give up
Don't give up, no no no
Don't give up, I won't give up
Don't give up, no no no
I'm free to be the greatest, I'm alive
I'm free to be the greatest here tonight, the greatest
The greatest, the greatest alive
The greatest, the greatest alive
Well, uh-oh, running out of breath, but I
Oh, I, I got stamina
Uh-oh, running now, I close my eyes
But, oh oh, I got stamina
And oh yeah, running through the waves of love
But I, I got stamina
And oh yeah, I'm running and I've just enough
And uh-oh, I got stamina
Don't give up, I won't give up
Don't give up, no no no
Don't give up, I won't give up
Don't give up, no no no
I'm free to be the greatest, I'm alive
I'm free to be the greatest here tonight, the greatest
The greatest, the greatest alive
The greatest, the greatest alive (oh oh)
Oh-oh, I got stamina (ooh hoo ooh)
Oh-oh, I got stamina (ooh hoo ooh)
Oh-oh, I got stamina (ooh hoo ooh)
Oh-oh, I got stamina (ooh hoo)
Ay, I am the truth
Ay, I am the wisdom of the fallen, I'm the youth
Ay, I am the greatest
Ay, this is the proof
Ay, I work hard, pray hard, pay dues, ay
I transform with pressure, I'm hands-on with effort
I fell twice before, my bounce back was special
Letdowns'll get you, and the critics will test you
But the strong'll survive, another scar may bless you, ah
Don't give up (no no), I won't give up (no no)
Don't give up, no no no (nah)
Don't give up, I won't give up
Don't give up, no no no
I'm free to be the greatest, I'm alive
I'm free to be the greatest here tonight, the greatest
The greatest, the greatest alive (don't give up, don't give up, don't give up, no no no)
The greatest, the greatest alive (don't give up, don't give up, don't give up, no no no)
The greatest, the greatest alive (don't give up, don't give up, don't give up, no no no)
The greatest, the greatest alive (don't give up, don't give up, don't give up, no no no)
The greatest, the greatest alive (don't give up, don't give up, don't give up, no no no)
The greatest, the greatest alive (I got stamina)
The greatest, the greatest alive (I got stamina)
The greatest, the greatest alive (I got stamina)
SiaCoin Falling Wedge Breakoutdont have reputation points yet so you can check the chart yourself
KRAKEN:SCUSD
Not the best days for cryptocurrencies, BTC in particular but cheaper CCs like SC with technical analysis support may be good short-time investment. of course neutral and long term investment is still controversial for it and we have to look forward.
SIA - SIACOIN - Where PAMP END?? Look into the crystal ball!SIA - SIACOIN - Where PAMP END?? Look into the crystal ball!
hrmm i went to connect related idea and realized i havent done a sia analysis! sorry. :P been accumulating for months based off just looking at the coinmarketcap chart. def been posting about it on twitter.
if your in the game this is for you:
2 options;
1. blue and gold are the same fractal you can see where from. the blue is just less distorted and easier to match as i only took it for a shorter period. the longer ones always are a bit off because obviously shit isnt exactly identical. and the more you stretch it around the more 'off' it gets.
2. red is another pump fractal that kinda eerily fits as well, and that as you can see we just peaked out on. so fuckin down on that one. i can tell you i dont feel like this is over at this point. id put a 20% chance we are on that ride. but its something to take note of if it starts playing out might be time to bail.
the tps are all colour coded for each option. red line is red option topping out.
there are percentage bars down where you could try and play the rebuy (for the blue option, you can figure the rest out).
big stacks to be made... if you can pull it off. note; very dangerous and quite hard to do.
im just doing this now to figure out when to sell/rebuy myself.
make up your own mind.
are you a sheep or a wolf?
will you let the market move you or will you play according to your plan into the market.
by doing nothing you have made your decision. and that very well might be better, until the music stops playing. then your fucked. the market will move faster than you can think.
Your chance to ride the Sia train. Targets for a LONG position Sia coin is near and dear to my heart. It is a great project that ties with bigger projects like Skynet and the likes. This coin is highly undervalued and I believe it will continue to pump in the future assuming this bull run continues. There are two key targets based on Fib retracements that make good potential buy-ins. I would suggest you cost average this two in a way that your risk management plan allows. If the bull market continues, I would expect a rebound off the support and a retest back @ .06
NOTE: This is not financial advice. This is at your OWN risk.
Buy back levels for SIA?with the unprecedented bullish run we've seen with SIA, we will have to see it consolidate. The levels we can potentially buy back in 0.28 - 0.29 based on fibonacci levels. I was expecting it would be lower earlier, but the new volumes seem to be signalling more folks are recognizing the coin, what are your thoughts?
SC, ATH incoming then market decisionAnother alt with a clear MA as support on the 4 hour, in this case the 200SMA.
Appears to be reaching for ATH right now, at which point it could either breakout upward or slouch back toward the support MA before resuming it's upward pattern.
Either way, I love this coin.