This is a pair we love and like, maybe because it has been around for so long or maybe because we have memories of those huge gains in years past... When there were only few pairs around to buy and trade.
Siacoin (SCBTC) has been growing since the 23rd of October 2023. It is mapped on the chart as the market bottom/low.
Currently trading above EMA50 weekly and a long lower wick, back to green... This is a strong signal that points towards growth.
The targets can be seen on the chart but remember, the market can always surprise. It can go higher and for longer than anything we can expect or anticipate... So build a plan where you prepare for the worst and hope for the best.
For example, I can sell portions on the way up, a certain percentage of my stack at each target. Say I reach 400% or 500% and I am really happy with the results. I don't have to be 100% right so instead of selling all, I leave 20%, 15% or 30% behind... If it keeps on growing and goes more and more, I have some left to enjoy the higher targets... This is just an option, sometimes I can sell everything at 200%, move on and try again.
Different strategies for different people. It all depends on your capital, your risk tolerance, your goals.
Thank you for reading. I'll see you on the next one.
Namaste.
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We are ultra-bullish on Siacoin right now. Prepare for massive growth on the BTC pairing (SCBTC) in 2024.
Hi Alan, how would it look like for the combi with USDT? I truly appreciate all of your work and look forward to reading & learning from it! Thank you.
AlanSantana
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@ErnieS, (Updated) ✴️ Siacoin 275% Jump Now (Bullish Market, Altcoins vs Bitcoin)
ErnieS
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@AlanSantana, also now higher expected in USDT? Would love to get out of it. Bought it when I just started trading haha. #stuck
AlanSantana
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@ErnieS, It can easily be the top but knowing for sure its hard.
840% growth. Went beyond target. Perfect match to fib. resistance.
If it isn't the top, it is sure getting close.
DNBoY
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hi alan can you please update this chart thanks
MyCryptoParadise_Nathan
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Your analysis of Siacoin is thorough and insightful. Thanks for the update!
yaposer377
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@AlanSantana Your Current pump expectations? usdt btc both pairs
AlanSantana
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@yaposer377, Yes. More bullish on BTC pairs. DGBBTC looks great right now.
yaposer377
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@AlanSantana any retrace possibility u seeing here? In usdt pair. last time dumped badly. can you put DGB analysis here?
AlanSantana
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@yaposer377, Check the Siacoin reply above. It already did a full move. DGBUSDT hasn't.
DGBUSDT (Compared this one with SCUSDT shared in comment above for an idea)