Chartomatic

Siacoin (SC) Trading Setup

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.

Latest news: 13 Jan 2021: Release of v1.5.4 marks an important chapter in Sia’s history - incorporating the Sia Foundation hardfork. Sia Foundation is a non-profit charged with developing & growing the Sia network.

You can also check my SC / BTC trading setup chart. I expect SC to have a strong bounce between 18-24 Jan 2021.

For details comment at any time!

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Trade active: We have our breakout on second try! Trade is active I would not miss this.
Trade active:
Comment: SC moving as expected, delayed with 4 days but good to go from here. Good luck!
Comment: As mentioned in my first comment:
"I expect SC to have a strong bounce between 18-24 Jan 2021."
Setup and chart valid.
Comment: Target 1 hit, next to move is Digibyte, you can check trading setup I posted.
Trade closed: target reached: Setup for SC done, I've just seen on chart that target was reached right on time! That was amazing! If you watch original chart you can see I was expecting target to be reached around 30 Jan. If anyone needs new chart/setup for SC let me know. Also you should check my posted Digibyte charts, soon to move as expected!
Comment: As promised, Trading Setup & Momentum #2 is out.
Comment: Second chart also done, SC gave us 3 perfect trades.

Comments

Hi. New chart pls. When do you think it makes its new peak?
Reply
Chartomatic controlsuz123
@controlsuz123, Hello, will make a new chart tomorrow evening!
Reply
Chartomatic controlsuz123
@controlsuz123, As promised, Trading Setup & Momentum #2 is out.
Reply
thanks...what about sc now !
Reply
@hamid77, You can press play on my chart, you will easily notice that former upper trend line is considered as support now, I found the same pattern on BitShares, which I am riding right now, you should check chart I posted!
+1 Reply
Nice. What are other targets do you expect with timeframe? (Considering btc movements)
Reply
Chartomatic Omarhegazy2010
@Omarhegazy2010, Check my SCBTC trading setup , you'll figure it out from there. I recommend taking a look into Digibyte, I've been trading in each session 2014, 2017-2018 and now, from history I can tell that the next sleeping giant is DGB. If you have any questions just ask, good luck!
Reply
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