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Oops_I_Charted
Apr 11, 2017 2:14 PM

Siacoin SCBTC - Cup & Handle? 

Siacoin / BitcoinPoloniex

Description

Looks like a Cup & Handle on Siacoin.
If it holds up, my target is in the 120-130 satoshi range.

In my opinion Sia has been undervalued - been suspecting a pump for a while.

May not take off right away but definitely keep your eye on it.

Comment

Getting buy signals on the 5 min - another leg up soon?

Comment

Looking pretty good...
Comments
aljen
how you see it now?
Oops_I_Charted
@aljen, It's still really early - the main chart is on 1D candles.

Short term, looks like it's correcting a bit, could take off again pretty soon, might hit low 70's first - but looks good.
Stochastic RSI is low, green line crossing up over red in the godmode indicator, could resume soon. But also no bottom warnings yet so like I said it could dip down a bit first.

aljen
@Oops_I_Charted, thanks for answer!
Oops_I_Charted
@aljen, no problem. Like I said it's early - don't be shocked if it doesn't skyrocket in the next 24 hours. It could, but it could just as easily take days or weeks to really take off. When Ripple had bullish news it initially spiked a little, but then took weeks before it really went nuts. I've seen it many times - a big immediate reaction to news, then a cool off period where people take profit and wonder if the news was really that important, then a delayed reaction total FOMO apocalypse haha. I can see that happening with SIA especially since it's so cheap and has been relatively ignored for so long.
happmaoo
@Oops_I_Charted, yes sc is valuable,different from other coins.
Oops_I_Charted
kitaki2crows
Got my sell orders ranging from 91 through 160. Crazy volume, way undervalued and much better platform than Storj
Oops_I_Charted
@kitaki2crows, Yeah I think it's been way undervalued for a while. I've heard pretty good arguments for both Sia and Storj so I can't comment on which is better, but one thing is for sure, Sia is cheap right now!
kitaki2crows
Pumped up to 80 almost immediately
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