You can find the long-term analysis with potential target in the "Related Ideas" below... I just one to mention one thing here.
Siacoin (SCBTC) will behave just like DigiByte (DGBBTC) once it goes bullish.
The price you are seeing now is not something you can find every week or month... It is something that happens only once every two years or more.
Quite a pinch point we find ourselves in right now with Siacoin! We're touching the descending trend line after testing it a few times historically and we're also sat on a SR level which after a brief break downward we've since come back up to.
Something big is brewing here, we're thinking a large downward move is possible, around 30% losses, but a large upward...
After 5 weeks of consolidation Siacoin vs Tether (SCUSDT) is preparing for a pullback.
This is marked with a black arrow.
Notice the trading volume has gone to basically zero compared to last year.
As the volume dries out the market trend can start to change.
We can also see the RSI hitting a low and starting to curve upwards...
This weeks candle is about to...
Here we have two scenarios for Siacoin vs Tether, Long-Term.
Scenario #1 | Another drop before a bullish wave:
Here is an alternative view if a bullish wave were to develop now:
It is too early to say based on chart signals.
The signals are not clear enough.
We will revisit again in the near future.
These altcoins that we used to give so much energy to in the past are in a hibernation state...
After the hibernation comes the activity and lots of activity, fast growth in this case.
We can see some action now but not the big wave that we would expect when the bullish market comes.
Considering this one is good for the long-term, for the short-term there are...
Siacoin vs Bitcoin has been bearish since forever.
This pair was added to Bittrex back in May of 2017 and we continue to see lower highs for many years.
There is some hope though, in December 2020 Siacoin bottomed and in May/November this year we have a long-term higher low, giving us the first strong reversal signal.
The next positive signal comes from the RSI...
We've detected a Resistance Breakout and Confirmation on the $SC/$USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. We may consider buying at the current price zone and targetting higher level.
Hi dear friends, hope you are well, and welcome to the new update on Siacoin (SC) with US Dollar pair.
Previously we had a nice trade of SC .
Now on a 4-hr time frame, SC has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
A major move can happen on the Siacoin (SCBTC) pair but we start with the short-term target first.
EMA100 rejected growth back in April this year and this same level is working as resistance now.
Since SCBTC has been consolidation above EMA50 for the past month, as the EMA100 resistance gets challenged again we are alerted of an upcoming bullish jump.
SC / USDT
▶️ Buy NOW
🔴 SLT - 4h (Trigger)
There is an uptrend on 1D. At 4h, ready for a breakthrough. The stop on 1D is very far away, so the stop on 4h. If the stop works, I will look for a new entry point.
Alright my friends its been a while since we looked at Siacoin vs Bitcoin so we are going to go long-term.
Is there more downside or will it grow?
We see a low set 9-May 2022 and this is very likely the bottom.
Because of the high volume.
If we look back at December 2020 we can see that right on the candle where the low was set we also have really high...
SiaCoin the dentralized storage platform has had a 500% increase in storage used on its network since 2021 constantly growing and repeatedly setting ATH's in usage, the network had 0.5 PetaBytes stored by its users and at writing today has 2.5 Petabytes stored on the network. Behind the scenes of the token itself, the project is consistently growing in its utility...
Siacoin hit its All-Time High vs Bitcoin back in June 2017.
Taken from the current price we have a 3200% potential if the same price is hit... But since we are within a higher low long-term, there can also be higher highs...
Patience is key.
We buy and hold long-term.
We trade with patience and love.
No margin, no gambling, no jumping...
SC 3 day chart is finally seeing and end to this madness.
look at how everything we need to breakis in the oarnge circle.
we have the Bull Market support band, 50/100 day ema, its above
the Hull Suite Indicator, RSI is looking Bullish as well. lets watch
whats happening in the Orange circle.
Siacoin vs Bitcoin (SCBTC) is in the process of printing a higher low compared to April 2021... Almost a year ago.
This is a long bearish wave...
After prices move down, the move back up.
Up and down, up and down...
SCBTC has been going down, what follows is UP!
We have a strong RSI at support and the MACD just entered the bullish zone.
If there is another...