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Prothius187
Sep 28, 2018 12:26 AM

3 month bottom created ready for rise up with bitcoin Long

Bitcoin / TetherBittrex

Description

The crypto markets have hit a bottom. SC is looking particularly well considering my previous analysis on it. I'm still long Sia through 2019 as all the factors in my previous analysis are beginning to positively impact price. Sc has been creating a bottom for 3 months now and the trend continues to rise. Now is a good time for entry if you're not in this trade. Again holding Sia for a year. Please look at my previous analysis to see why Sia price will increase over the next year. The biggest reason being that coin emission is getting close to 11%. The high inflation period of this coin is over and most people are still assuming that it has high inflation. Its coin emission drops with every single block created, and this process will bring coin emission down to around 4% at the end of 2019 making it a low inflation coin. I still expect to see Sia at .10 - .30 USD by the end of this year depending on the price of bitcoin and the general crypto market. If bitcoin goes for a new ATH before the end of the year, we'll see Sia hitting .30 with the increased market capitalization.
Comments
Prothius187
sorry attached the wrong chart to this one. Please see this analysis for SCBTC:

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