Taking Profit at yellow boxes. Siacoin has been consolidating for ages, now that eth and litecoin are leading an altcoin rally (hopefully/probably), it should be time for siacoin.
The price bounces from the support zone. RSI confirms price reversal. MACD supports upward movement. DMI allows opening long trades. Buy orders can be placed at 0.00000057 level with stop orders at 0.00000048 level. Profit targets are 0.00000070 and 0.00000100 resistance levels.
If the neckline is broken, it will give us a new short term buy opportunity.
Entry point is 0.00000053 (only in case of broken neckline), SL 0.00000046, TP 0.00000065.
Good Luck
Sia just completed a full impulsive and corrective Elliot Wave. Right now with the hard fork successfully completed the momentum is on Sia's side. Around 65 sat is a brilliant time to buy in and ride the next leg up. If you plan to hold to the final wave a 400% profit is not out of the question. Stop loss at 55sat.
Thanks for reading, make sure you give this...
This is a long term trade. The market gives us a new swing high which can be used for placing new buy orders. Entry level is 0.00000105 with stop orders at 0.00000042 level. Profit targets are 0.00000150 and 0.00000280 resistance levels. MACD lines and DMI support upward movement and if the price breaks SMA100 and the resisatnce level, we should expect for a new...
It's been several months since I have charted Siacoin. On July 11 I said "winter may be long and very cold". Well shit. For once I wish I hadn't been right.
But I'm glad to say that after an insanely long period of consolidation, there are signs of life for Sia. I hope you've been accumulating nice and low.
SC is navigating it's way into the middle of a...
Attempting to get better at these projections using TA, Chart Pattern Recognition - and a little bit of my own wishes for these outcomes.
Hopefully last pump of SC was just leg 1 of a set of impulse waves that will SIACOIN SC rise to new higher historical highs.
But mostly this is wishful thinking, until i see my skills/identification process improve.
SC not looking good after its massive pump it had a bounce at the 0.5 Fib I'm expecting another at the 0.618 if it falls below that its not looking good. At the price its an easy scalp but also a risk keep an eye on it.
