Chartomatic

Siacoin (SC) Trading Setup

Long
Chartomatic Updated   
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.

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