cryptomen95

SIA correction done, ready to spike

Long
BITTREX:SCBTC   Siacoin / Bitcoin
We see a nice correction on sia right now. If we take a look at de fib levels we see that we've gone under the 0.236 fib (542 SAT). Which means we're normally at the bottom right now. If we could break the 0.5 fib and 0.618 fib lvl's we could spike to new highs!

Targets
First target: 542 SAT
second target: 586 SAT
Third target: 608 SAT (fib level 0.618, if we break through this recistance the next wave is a fact)
End target: 800 SAT
Comment: SIA is now flirting with the support line at 517 SAT.
Comment: We've gone under the support line, that means that the support line at 517 SAT became a resistance line. First target change to 518 SAT!
Comment: Sia had a good recovery of "the little panic crash". Currently at 527 SAT, we're going for our first target 542 SAT
Comment: we've made our first target! currently at 543 SAT. Sia is still looking very bullish. Next target 586 SAT!

Comments

do you have a telegram channel for signals?
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@LINJAS, thanks for the update!
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Great TA, thanks. I believe in SIA. Bought it at 57 sats!
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cryptomen95 Boargrylls
@Boargrylls, Thanks! I would say HODL ;)
+1 Reply
Boargrylls cryptomen95
@cryptomen95, That's my middle name!
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Considering the supply block on Bittrex right now due to the wallet being offline for days, I don't see how this is a valid analysis at all, the minute the wallet comes back online prepare for blood. But in the mean time Happy profiting.
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zammeur shesgunnablow
@shesgunnablow, only withdrawals and deposits disabled. Click on "market" --> search "sc" --> you'll be able to buy/sell Siacoins normally.
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cryptomen95 shesgunnablow
@shesgunnablow, If you take a look to the volume on the different exchanges you can see that bittrex has by far the highest volume. If the wallets come back online we could see a minor price change. I would say HODL ;)
+1 Reply
shesgunnablow cryptomen95
@cryptomen95, I don't dissagree but @zammeur doesnt seem to understand that if you cant get coins in or out what difference does it make. I would love to arbitrage to Bittrex however the whole reason that SIA is pumping much higher on BIT is due to the fact the supply cant get in or out to begin with.
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