Chartomatic

Siacoin (SC) Trading Setup & Momentum #2

Long
BINANCE:SCUSDT   Siacoin / TetherUS
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!
Trade closed: target reached: SC gave us the real deal, with another perfect trade!

Comments

on point! very impressive. do you think it'll keep going up?
Reply
Chartomatic alroudan
@alroudan, both SC#1 and SC#2 trades got hit with perfect timing and price target, I'm impressed too! I think it will go into consolidation mode for a while, will study it in the next few days and come in here with the result!
Reply
thanks for sharing, why do you see it topping to 0.0180 not more/less?
Reply
Chartomatic alroudan
@alroudan, Whenever I'm doing a chart I first do it against satoshi since back in the days there was no USDT, so it's easier for me to figure out realistic targets correlated to satoshi and usdt price, check out my SCBTC price posted at setup #1, you will figure it out! Let me know what you discovered!
Reply
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