To me, Sia still seems way undervalued & ignored based on its potential - and it looks like it's forming a large Cup & Handle. Target is on the chart.
And just for future reference I put some extra speculative targets, not based on anything except some trendlines I found and the fibonacci levels. Not recommending trades based off of those - but if it does shoot...
Looks like a Cup & Handle on Siacoin.
If it holds up, my target is in the 120-130 satoshi range.
In my opinion Sia has been undervalued - been suspecting a pump for a while.
May not take off right away but definitely keep your eye on it.
Descending wedge formation and bounce off of support level at 62 satoshi/.382 retracement level.
Big news that not many know about yet: forum.sia.tech
We dumped initially because the product was broken. This update restores functionality (first update in 3 months), and has been demonstrated to store 100GB files on the blockchain.
Potential for much more...
Horizontal base triangle (A) suggests a breakout downwards. However, I think SC is moving within wedge (B) and finds it's bottom around 70-71. News is very positive and I expact a sharp breakout upwards with the important October release: forum.sia.tech
Hello folks, I have been asked to do SC analysis, if we see it had some big prices a few months ago and now it is in a bearish trend, as we all know SC is one of the best options for longing @ long term.
Analyzing this coin since it came from high point in June, but analysis was made since July as if we go a bit backwards than that it might throw some inaccurate...
