5 days for the lite wallet release, this is an important step for SiaCoin. The fundamental is good, the price is cheap. Countdown wallet.luxor.tech
Siacoin seems to be almost done with its bubble pattern, with video streaming set to be released within the year, and a good dev team sia coin is a very strong hodl.
As most of you know, I love SC. I think the product is solid and I think it has a great future. But we cannot make big investments based of emotions and feelings, there has to be a large amount of logic and analysis. Right now supporters of SC need to overlook appreciation for the product and look hard at the trends. We are at a very critical juncture right now...
Its a low satoshi, high market cap coin, which means if it break any 00 number (100,200,500), its going to go to the next one then retrace 50 sats.
Downtrend line broken shortly after a W bottom has formed. Should test uptrend resistance level of 420sats.
I think we could hit somewhere near the top of the bollinger bands and then fall back to escalating support. But at the end of the triangle who knows what might happen. Looks like >270 sats is a good buy.
I really hope I'm wrong about this, but it looks like a reverse flag formation. Might see a big drop in SC for a while.
SC has recently broken the downtrend and has shown some positive upwards movement. Looks like it will have to break out of this triangle to continue moving up.
I think that if BTC continues to stay between 2500 and 3000 USD we can expect SC to go back up around 0.00000600 in the next week. If BTC does an A.T.H. and doesn't crash immediately after we should see some cool action on altcoins in general and SC in particular over next month(s). Remember, it's just an idea, not a prediction. You trade on your own risks.
STRAT SC POLONIEX:SCBTC SC at edge of the downward trend possible bearish gartley STRAT looking good
SC is forming a possible cup and handle. Expect a dip before more up movement.
The downtrend has finally broken. Bottom established around 265 sats. Beginning to rebuild. We are at a critical juncture now as SC tries to break out of this triangle. Heavy resistance and overbought RSI show that there will be dips before more upside. With any luck we will be on the way to 400+ again within the next week.
expecting a break out near 460. zoomed in on the local peaks/dips, sia tends to bounce off 50% fib lines, seems about in line with 460 being a 50% fib level for the overall chart. Buying now at 480 wouldn't be terrible either given that we lie on the kijun. Can just cost average your way to 460. not sure if it quite fits the elliot wave, but I left that up...
Will get in at 395-400 sats. If price dips under 385 Ill sell, and look to buy in lower 300s if it comes to that. But I believe it is more likely that siacoin bounces off 400 sats and heads towards 850sats+
SC will go deep before it will go to take off, SC Good Buy Entry Point At 600 Satoshi