Looking at elliots wave, we can see SC has finished the correction wave. It broke out of the descending triangle and is forming a cup.
Hello, As you all know, BTC is in a correction stage. BTC's price affects all the different alts. If BTC drops below the 9k support, Siacoin will fall down to the support indicated above. Here is my previous Siacoin analysis: Here is my most recent BTC analysis: Trade is only active when BTC breaks under the 10k support and ofc 9k after that. ~DCFreak
Price still developing into cup to complete cup would require a breakout from the bear channel 4H and 1D 50/200 EMAs indicate you should still be bullish
Buy Zone : 350 - 380. Targets : 1- 0.00000425 2- 0.00000472 3- 0.00000518 4- 0.00000584 5- 0.00000669 Enjoy The Profit's.
sia is testing a down trand now if it break it at the circle in the chart its up to goood point if its break in down we will se sia in down point
This is just an analysis for SC and what might be the targets for the coming period of time.
Currently sitting at strong up trending support, buying the break of blue horizontal line to the upside.
Just having a play around with basic trend lines & support/resistance lines. Tried to play out a trade. Target 1&2 is sitting on a defined support line. Following new trendline. Target 3 is placed at ATH level MACD is indicating (late) a bull run supporting my theory. Have I got anything wrong? What are your thoughts?
HI trader Do not forget to put a stop loss The market may be volatile Good luck
first wave done ! there will be another wave to 850 soon !
A quick hi to all our followers on our Social Media and Telegram. We shall be posting occasional Technical Analysis and Charts for better understanding and support to some of our trades on TradingView. ------------------ Siacoin has remained within the pennant during the BTC dip. As long as SC keeps nice and strong, we should see a nice spike once it breaks...
Will enter SIA if it closes above resistance and crosses the middle of the MACD.
Siacoin showing Bearish ABCD Pattern! Gonna follow it for now. However, the market has been unpredictable, staying ready for a reversal of any sort If pattern stays intact. Selling at around Point D! *I am Not a professional, please research on your own before investing.