While Siacoin getting lower and lower the price is getting more and more attractive for the long term investors and at some point the next wave up could begin. It is important to watch the and/or perhaps the bounce off he 8/1 Fann trendline or the MA.
While price is above the 180 satoshis the probability of the uptrend continuation remains high and current wave down should be considered as only a correction. The nearest upside target is seen at 927.2% level applied to the corrective wave down after the downtrend trendline breakout. This is 500 satoshis area, and if reached SC / BTC is likely to form a .
On a downside, break and close below the 180 satoshis could result in formation sending price down to 100 satoshis area.