Siacoin looks like forming another accumulation zone. The overall trend in crypto coins is still positive and this one can also find support from this trend though I think this range will be tested a the low and high levels.
The price is consolidating under key level resistance. The current level is heavily supported by: 200EMA, dynamic support(orange) dynamic support from previous resistance(blue), local level(0.1889) and node of high volume.
Entry: buy between key level and 200EMA
SIA : SiaCoin - A fresh look : Bull & bear (key battle soon)
Last wee SC analysis on here got banned. @@ i may have swore too much.
Ok so here you can see whats been mulling around in my head, for where we are macro fractal wise. I like this as it highlights a potential price point for a bull / bear showdown where it would be good to risk off. if you have been...
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Trading in the descending triangle is done for weeks, Is it time to leave the triangle to test the resistance.
If the triangle breaks upwards, we can hope to test the resistance again.
If the triangle breaks downwards, only the support line will prevent further downtrends
MACD (Slightly reduced...
One of very important resistances (40satoshi) has been broken... the most important resistant in weekly time frame is 50-55 satoshi... breaking and stabilizing there have a great signal to growth. this ascending channel has been formed and we are relatively at the base
Massive dip today, probably well orchestrated too with billions of dollars lost in liquidations.
Let's take a step back and see how our levels works.
Look at our previous ideas below for comparison.
No love today,
Hello trading friends,
✅ Siacoin shows an interesting trend for an increase, but same time manage good your risk and add an Sl where you will be fine with it.
We will follow this coin next time to see or it gets confirmed some trends for an uptrend.
✅ we don't close out, that there will be a possible whale increase on it coming time.
Have a great day
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Nice chart, very promising.
Despite the fact that SIA has not offered any 'headline news' recently, no big deals closed, no major announcements; it still remains a great project and at this stage I am looking to increase my stakes here as a good run seems higly possible
PS. I still prefer SIA to Filecoin in this segment of the crypto market...
This is follow up to the trade in related idea which ended with loss. I will be buying SC @ 0.02105, which is the upper edge of the support zone, as I expect the white falling wedge to be broken to the upside soon. Then we could see break up of the big yellow triangle which should lead to another upside move.
ENTRY : support @ 0.02105
SL : local low @ 0.0198...
Siacoin broke up this triangle📐 so I think there is chance for run to 0.0252 and even higher. Setting BUY LIMIT order in anticipation of another dip to get in. Come on SC !🔥
ENTRY : local high @ 0.0218
SL : local low @ 0.0210
TARGET : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 0.0252
RRR : 4.3
INVALIDATION : when...