Siacoin (SC) Trading Setup & Momentum #2
Siacoin ( SC ) is the native utility token of Sia , a blockchain-based distributed, decentralized cloud storage platform. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space.
According to its whitepaper, the long-term goal of Sia is to compete with existing storage solutions. It sees itself as being in direct competition with major cloud storage providers such as Amazon, Google and Microsoft . Because of its decentralized nature, Sia is able to offer competitive storage rates.
This is my second setup for SC , as the first one went in successfully and on time! You can check it out!
As per this second setup, chart is valid as long as support mentioned is holding. I consider SC a very serious project and a long lasting one, as I was trading it back in the days.
Basically anything I'm posting is a serious project and had a lot of research before any analysis on chart.
For details comment at any time!
Don't forget to follow and like if you find this helpful!
According to its whitepaper, the long-term goal of Sia is to compete with existing storage solutions. It sees itself as being in direct competition with major cloud storage providers such as Amazon, Google and Microsoft . Because of its decentralized nature, Sia is able to offer competitive storage rates.
This is my second setup for SC , as the first one went in successfully and on time! You can check it out!
As per this second setup, chart is valid as long as support mentioned is holding. I consider SC a very serious project and a long lasting one, as I was trading it back in the days.
Basically anything I'm posting is a serious project and had a lot of research before any analysis on chart.
For details comment at any time!
Don't forget to follow and like if you find this helpful!
Trade closed: target reached:
SC gave us the real deal, with another perfect trade!
