The falling wedge broke bullish and prices are now trading above the MA200 black line.
Siacoin (SCBTC) is likely to move up just as we saw in August after the July falling wedge.
The blue dashed line is our support which can be used as a stop-loss if you decide to trade.
Siacoin (SCBTC) just activated another support level...
You can't go wrong with this pair.
We are still in an uptrend and seeing higher lows.
We remain strongly bullish above 24 satoshis.
If 24 satoshis break though things won't be looking as good.
Prices moved below MA200 (black line) and now attempting to move back up.
The last time this happened we ended...
I just shared Siacoin (SCBTC) recently but people keep asking about it, this is a famous altcoin.
Here it is...
The general perspective is 100% bullish.
We are now witnessing strong consolidation and all that is needed here is patience after you bought to let the chart fully develop.
Any chart/pair can take multiple months to move from one level to the...
Buy around 0.00000039 - 0.00000032
1 - 0.00000047
2 - 0.00000059
3 - 0.00000077
4 - .000001140
Breakout of 0.00000028, the price may fall below
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Waiting for your comment, what do you think about this?
No fancy indicators and patterns, just look at what happened in the past when SC/BTC broke above or bounced off the 43sats level. Bullish momentum is indicating it might happen again soon, so don't miss out.
(not financial advice, do your own research)
SCBTC (Siacoin) is looking pretty good and momentum is building up now as I write this.
Let's keep it short and simple...
The next targets are marked on the chart.
SCBTC is strongly bullish right now.
SC/BTC is showing signs of trend reversal. It has formed a rounding bottom which is a reversal pattern, higher highs and higher lows, broke above the 200 daily moving average, monthly MACD turned bullish. It is also one of the coins Coinbase is researching and has potential to be added to the exchange which usually moves the price higher. 280% profit is possible...
Siacoin (SCBTC) has been consolidating before it moves to test the last peak/high.
Prices for this altcoin pair can surely go higher, but if we look at the short-term targets and for a trading approach, the last high is more certain and also an easy hit.
How does it all works?
How can I make this assumption that prices are going higher?
After moving above...
SC has built a new base price of 26-27 sats and is preparing for the next legs up. 2 target points are from the last supports of approximately 40 and 66. The current base looks like a BUEC high-percentage long play.
Current important news around SC:
1. Currently Sia is doing its 3rd hackathon, which has brought tons of new developers into their ecosystem.
BTC pair has been falling down
USD hasn't been moving much
I think SC will make a big move soon
No idea when the Coinbase listing will happen
Target: 0.0045c, 0.007c
Potential to make 20-80% upwards
It was a long waiting but it is close.. At some point of BTC growth the SC will start to follow.
BTC is growing, SC is still very cheap, Sia/Skynet project is going well..perfect setup!
(Not a financial advice)