By crypto standards, Sia Coin is basically Methuselah....in a hype driven altcoin market even technicals this sweet are still vulnerable to remaining unfulfilled by sheer disinterest.
With a recent listing on Huobi however, and the sheer R:R of this situation, it's hard to deny the case for pure greed to catalyze some upside action. If Sia is merely dormant...
Siacoin (SCBTC) has broken above resistance with yesterday's candle, breaking above EMA50 with above-average volume.
If you take a look at the volume on the lower part of the chart, you can see it has been gradually increasing. The recent break above EMA50 and the RSI and MACD trending up.
Now, all that SCBTC needs to do is remain above EMA50 so it can push...
X mark - high volume but short candle - accumulation candle
Look closly, some altcoins are going high, so I think it will break the resistance line.
MFI divergence forming.
siacoin Poloniex chart - can see strong support
TP1 : 0.00000068
TP2 : 0.00000076
SL : 0.00000057
$SC touched it's long term support line and ready once again for a new bull wave.
On daily MACD it's been showing bullish divergence.
Green box and below - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
I created an alert that would trigger when volume spikes on SC/BTC, because I know and when that happens is a great buy opportunity.
Guess what, it happened just one hour ago, so I'm sharing it with you guys.
Furthermore, 63-64 sats is close to All Time Low so there is no much...
The state of BTCUSDT right now is range bound between Bullish Engulfing Pattern (Jan 14) support and Bearish Engulfing Pattern (Jan 19) resistance. Below I show the following potential, most likely movements for BTCUSDT within the next 13 days & 12 hours.
Buy Price: Green Zone
SL: Below Red Zone
Profit: Blue Zones
Invest Suggestion: 10 Percent
Profit Expectations: 40Percent
All technicall indicators of SCare turning good, when the EMA 13 cross the 50 EMA's we will have a significant grow.
MAC Lines are crossed and below the 0 Line!
SC has reached 6.5x the current price!
See me previous analysis and how...
This is a friendly reminder to take a look at Siacoin (SCBTC) as an opportunity to buy and later sell for profits.
When trading altcoins, and cryptocurrency in general, we always like to keep it simple... I believe that simple is best!.
So here is our main strategy in simple terms:
Buy low. Pick bottomed out altcoins (SCBTC is a great example).