Can you look at this chart and see what I see?
I will keep it simple for your... Siacoin (SCBTC) is about to make a move up.
Let's look at the candles today, as we can be better entertained. The price went flat for five days as it broke below EMA10, which is bearish. But soon after, SCBTC broke above EMA10 with increasing volume...
Now with the RSI bullish...
I've opened a long position.
Because it seems we're in the midst of a little alt-season and SC has yet to pump.
Volume is building at what has become the local bottom
Easy risk management: stop place just below recent lows.
The chart looks like it could be forming a cup and handle. If we are the top of the cup would be about 80 sats, so a nice 10%...
. Siacoin/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. There is a possibility of temporary retracement to suggested support zone (0.00002400 to 0.00002230). if so, traders can set orders based on...
Siacoin (SC) Overview
Fully decentralized cloud storage is finally here
Sia is the leading decentralized cloud storage platform. No signups, no servers, no trusted third parties. Sia leverages blockchain technology to create a data storage marketplace that is more robust and more affordable than traditional cloud storage providers.
Siacoin (SC) Chart...
Siacoin (SCBTC) is now hovering around strong support... Bottomed out.
We are looking at Siacoin at prices which were available back in October 2017, more than a year ago. So SCBTC removed all gains from its past bull run.
Let's take a look at the signal and see why this altcoin is about to move up:
RSI hit oversold, bears has sold, sold and sol.
Siacoin hardfork was a epic failure- although the price did have some small rally prior the market conditions were not suitable for a huge pump like we have seen in the past.
Either way SC is a decent project and lets look at some new buy zones for the next run.
81 Is a good buy area at the demand zone.
Buy Price: 0.00000096 - 91
Profit: 0.00000118 -121
Profit Expectations: 24-26 Percent
Sell when you got some profit according to your way of trade.
I am sure, you will be get nice profit. Good Luck!
Looks Good? Leave a like, share and leave a comment.
Thanks for visiting.
Siacoin’ has been in an uptrend since the 14th August. This is one of those altcoins that did not confirm its low again on September, which signals strength (knowing that most altcoins hit a low on the 14th August followed by another on the 12th September).
On this uptrend, we see the normal wave up and wave down cycles. A peak is reached and then retrace. So...
. Siacoin/BinanceCoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
. There is a possibility of temporary retracement to suggested support zone (0.000680 to 0.000610). if so, traders can set orders based on Price...