Siacoin huge movement, will we make it above Trend Line?Coin of the day is Siacoin.
Sia is a decentralized data storage platform based on the blockchain technology. The Sia Storage Platform leverages underutilized hard drive capacity around the participants of the network to create a data storage marketplace that is more reliable and lower cost than traditional cloud storage providers. The goal of the company is to provide a decentralized cloud storage option that competes with centralized legacy competitors such as DropBox, Amazon, Apple, and Microsoft. The project is aimed at the topical and rapidly developing niche.
Siacoin is often being criticized due to controversy about highly competitive niche with such leaders as Google and Amazon.
Nonetheless, worth noticing, that Sia Coin team supports project actively, even providing monthly reports on their blog.
Latest news: on 23 April Bittrex listed SCUSDT trading pair.
Technicals
The coin started to draw turnaround on 18.03.2018 at the 0.00000115 bottom and went into an upward pattern. On 13.04.2018 SCBTC broke above the 100-days EMA and 0.000002 level. Till today the coin was trading in a lateral corridor between 0.000002 and 0.0000025 levels. Today Siacoin broke above 0.0000025 level reaching 0.000028 level, getting close tot he Global Bearish Trend Line and 0.000003 level. A breakthrough above the Global Bearish Trend line would change the overall bias of the coin to an uptrend. 0.0000027 level serves as a short-term support of the bullish momentum and if the price will hold above this level and gain more volume - the breakthrough of the Bearish Trend Line could be seen in nearest time. Fall below the 0.0000025 level will cancel the bullish pattern.
SC
SIACOIN (SC) IS ON PATH TO 279% PROFIT - Binance? - LThis is a low risk trade.
There are many rumors about Siacoin getting listed on Binance in coming weeks, which is very likely taking into account Siacoin project and team behind it.
Buy the rumor and sell the news my fellow Crypto Maniacs!
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Accumulating Altcoins Part V: Siacoin (SC/BTC)Soon we will see this baby close in the cloud. TK cross about to happen, but most likely in the cloud which is a neutral sign.
BUT..... Edge to edge trade opportunity. Flat Kumo at the top, thick cloud. Once prices closes within the cloud there is a great chance that price will go straight to 350 sats (that's your target folks).
STOP LOSS: 208 sats (Kijun Sen)
Siacoin Roadmap for 2018 and Long Term PerspectiveSiacoin is a coin for a decentralized cloud storage and has been around since 2016. It can not be said that its a new coin, but one of the veterans in the cryptocurrency market.
At the same time the price of Siacoin remains very cheap and currently, SC/BTC is traded at 130 satoshis! Obviously not many "veterans" cost that cheap and perhaps this could be a very interesting investment opportunity in 2018.
On the Siacoin roadmap for 2018 it states:
"Our goal: Sia becomes production-ready for cold storage, begins to be used by companies, and introduces file sharing."
If everything goes according to the Siacoin plan, this could trigger a strong rally in price, as not only people but potentially large companies will use Siacoin services for the cloud storage.
Looking at the chart. Siacoin continues to reject the uptrend trendline and currently found the support at 88.6% Fibonacci retracement level. While the support is holding the next wave up could result in a rally towards the 430 satoshis resistance. But/when/if it will be broken, the upside potential could be enormous.
SC - SiaCoin Greenzone Bullish#Trade152 #SC
Buy Now Under 0.00000180
#SaleTargets
Target 1: 0.00000198
Target 2: 0.00000213
Target 3: 0.00000229
Target 4: 0.00000247
Target 5: 0.00000266
Target 6: Followup
StopLoss 0.00000163
Duration: 1 to 4 Weeks
Risk 8% / Reward 50 to 300% with Followups
Strategy: Must use #MultiTargets Strategy.
SC strong bull continuesSC as I've been monitoring has been building a base at 150-160 for weeks and is now rising with the broader market. SC has an advantage that it's lost 88%, and is currently heavily oversold. SC will provide great profits as it returns to its old ATH somtime in Q3/Q4. Now is the time to enter this trade if you haven't as SC is still working through resistance beneath 200 sat. After this point, there is monthly resistance at 260-300 and I there will be a pullback once it hits this point. After this point, I expect a large surge in price as resistance is minimal until we reach TP1 at 400 sat and TP2 and 600 sat. After this we'll be pushing for ATH and will likely see a price spike once a new ATH is achieved.
SC - Sia coin - Time to SOAR!!!SC coin, like many others, has suffered and spiraled down for days now.
Oversold for a month now and seems to have hit the bottom
Since hitting the bottom, SC has had 3 daily green candles, first time in weeks!
MACD steady rising and about to finally come back up.
I see a nice rally coming soon here.
Target 1: 215
Target 2: 245
Target 3: 290
Siacoin (SC) Can We Get 10x Again? (Over 340 Profits Potential)Siacoin (SC) is one of the most famous altcoins of all with low market cap., and has really good fundamentals. The development team is active and on top of the market starting to reverse now, there's news on the pipeline and a TSO launch for this project on the 16th April.
Now, can we get 10x out of this coin? Here is the chart for 2017 after May:
- The magenta line represents the two tops reached in 2017. We had two strong bull run for this coin last year. If we want to get 10x or more, Siacoin needs to break its all time high... This can take some time... In the meantime, let's focus on the profits.
Let's look at the details for this trade.
CHARTS, SIGNALS & INDICATORS
Siacoin (SC) daily chart:
- First notice how support is almost always found at the same breakout point that started the last bull run. Note this as this can be useful in the future for trading. When a top is reached and the big retrace starts, you can check for the last big breakout to buy in again into any coin and enjoy profits on the way up. The bottom reached this time was 121 satoshis, marked with a black dotted line. For the first bull run of 2017, the bottom was set at 48 satoshis.
- Here you can see that the SMA20 (green line) is curving and soon crossing up the SMA50 (blue line) and SMA200 (brown) lines. This is a very bullish signal. On the 6 hours chart this signal has already been confirmed.
- We can see the accumulation period marked by the positive divergence on the MACD and all the usual suspects.
- Doji, reversal candle on the daily chart (yesterday).
- Weekly chart looks very positive.
- Siacoin (SC) looks good for a long term trade.
- So what are you waiting? Let's trade!
TRADE INSTRUCTIONS
Buy-in: 0.00000160 - 0.00000220
Siacoin (SC) Targets:
(1) 0.00000250
(2) 0.00000330
(3) 0.00000459
(4) 0.00000551
(5) 0.00000668
(6) 0.00000850 (2017 All time high)
(7) 0.00001006
Stop loss: 0.00000084
Message: Look At The Sky
I am looking up to go up.
I am going up while looking up.
Light blue, shades of gray.
Vibrant yellow, orange and red.
Look at the sky!
It is beautiful... take your time...
Please... look again!
Namaste.
SC/USD - 4/11/2018Good Afternoon, Traders!
Siacoin has been trading in the bearish direction since the beginning of the year and has recently began consolidating above the 0.0103 support level and the 0.0140 resistance level. Along with this, the price as been running above the 2/1 Gann fan line creating a very short ascending triangle from the three lines.
The Exponential Moving Averages show that the EMA 20 has been below the EMA 200 since mid March and seems to be slowing down. This consolidation could result in a reversal causing the EMA 20 to start moving back up.
The Ichimoku line remains red indicating it will continue bearish or be met with the resistance line at the red.
Important Resistance Levels: 0.0140, 0.0229
Important Support levels: 0.0103, 0.0086
DISCLAIMER
WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
CONFLICTS OF INTEREST
GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.
Written by:
Hammad Fazlani
Research Analyst
SIACOIN about to explode?... learning.Siacoin has touched their lowest level where it form a new support.
This will be confirmed by the break of the black line, corresponding to the Top of this ware trend that I have find.
Targets are on Red circles.
This are just crazy ideas based on math patterns.
This is not a trading advice.
Regards.
-SG-
SIACOIN SC on Poloniex 100% Minimum Profit Path - MThis is a medium risk trade if stop loss is set correctly.
Chart is self explanatory. If you have any questions just comment below. This was a members only chart but now is publicly available.
RSI is below average which is good and MACD like on most other crypto's has huge room for great growth.
Enjoy this trade guys!
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Siacoin idea sounds goodCoin of the day is Siacoin.
Sia is a decentralized data storage platform based on the blockchain technology. The Sia Storage Platform leverages underutilized hard drive capacity around the participants of the network to create a data storage marketplace that is more reliable and lower cost than traditional cloud storage providers. The goal of the company is to provide a decentralized cloud storage option that competes with centralized legacy competitors such as DropBox, Amazon, Apple, and Microsoft. The project is aimed at the topical and rapidly developing niche.
From the technical point of view the price, which had shrunk along with all cryptomarkets during the start of the 2018 and now unfolded not reaching the 0.000001 level.
Today SCBTC pair Had completed the Reverse Head and Shoulders pattern with the Head at the 0.00000114 and started to grow accompanied by jumps in volume.
From the upside, the bulls will meet 0.0002 resistance and 100-days EMA after it. Breakthrough of these levels will confirm the development of the upward cycle.
From the downside, Bullish Trend Line and short-term support at the 0.0000016 will support the uptrend.
Time to trade! Cash is King!Siacoin has finally decided to join the party and giving us some strong buy signals, this coin has potential of 300%+ for a long hold.
We are going to buy, Trade and sell it as we can turn over 300% in shorter timeframes on other trades.
Those of you that work though may be interested in putting this into your portfolio as a hold.
I am going to trade it, I am waiting for the first candle to close outside the trend line to see a very nice run.
This coin I have already bought the reason being is we have many indicators here pointing us in the right direction.
You will see the underlying trend here of Siacoin on the 200 SMA (purple line) is still a downward trend but if we jump down to the 50 SMA we have just met price.
Siacoin has been trading down in this channel for quite some time and bouncing off its support however as you will see circled in blue this time we bounced from a bottom that was created a number of months ago. You will see the aggressive buys in the blue circle this shows us the buyers are going to beat the sellers there.
You will notice the change in trend on the A/C indicator, people are buying up SC and not selling it off therefore we are gaining momentum and this will drive us to a breakout.
I took an aggressive entry and bought yesterday, the reason for this is 20 and the 50EMA have just come under price and crossed, this will provide very strong support to get us outside the channel (green line) we can then use this line as our support and safety net for a stop loss.
I want you to look at the blue arrow pointing down here you will notice as the candle put in a lower low yet the RSI was punching out a higher high (circled in purple), this is the bullish divergence we look for in these coins that have been travelling downwards for such a duration this will usually give us enough insight to see change of direction.
Targets are the blue lines, this trade will develop nicely over a short time period, the conservative investor will buy first 4H candle to close outside channel, when this happens buys will come in strong.
Cash is King! I have a few trades today I will release for you all!