Hey friends hope you are well and welcome the new update on Siacoin.
Price action of SC is moving in a down channel on daily chart. And every time after reaching at support it has rallied up to the resistance. At this time priceline is again likely to have bounce from this support and forming double bottom as well.
The priceline of Siacoin has formed bullish BAT on the 2-week chart, the targets as per Fibonacci sequence of BAT are:
Potential reversal or buying zone: 0.00000024 to 0.00000021 btc
Fibonacci projection or sell zone: 0.00000030 to 0.00000039 btc
Atif Akbar (moon333)
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...
5 reasons to go long on SC.
A very clear ascending triangle pattern which can potentially help SC to break through a long term resistance line (denoted with the hammers).
An ascending triangle is a bullish continuation patters and the fact that the price is hitting the supply line (diagonal line of the triangle) means that the perfect entry might be right...
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)
The price action has found strong support at 0.00000016 btc on long term, therefore I have defined the PRZ up to this level and it should be stop loss for this long term high-risk high-profit potential trading idea.
Potential reversal zone: 0.00000081 to 0.00000016 btc
Secure sell targets zone: 0.00000265 to 0.00000528 btc
Aggressive sell targets zone (Up to...
Flying will be a necessity for those who needed, it won't be fun and easy as before. A lot of cumbersome paperwork, travel approval, and COVID test is needed for international travel at the moment.
As per a survey conducted by the IATA, while the overall booking for airline seats are down by 82% year on year in June 2020 compared to June 2019, the long-haul...
For SC it is a little difficult to find chart patterns on this chart, we had a strong downtrend movement in the last few days and we may be accumulating
I see it more likely that we will continue the downtrend movement.
Above 36 the bulls will try to take control of this asset one more time
price breaking the resistance than it will ready for the big launch
sia coin fundamental also best something big is also coming
can come down a little no worries with that this is strong who has taken over bit main giant once.
View On SIA (4 JUNE 2020)
We are seeing a strong rebound in SIA for the past weeks and currently, it is at an important level of $4.30 region.
This is the make (or) breaks regions and it is getting a little late to buy in.
We may see some resistant at the region but as long as 3.65 is supported well, sooner or later we shall see $5 again
DYODD, all the best...
View On SIA (5 MAY 2020)
Uncle Warren said, he has offloaded all the airline stocks under his portfolio.
Upon looking at the SIA counter, it is already on the decline since 2008 and it may be already very near to the bottom.
From the TA point of view, we are seeing $5 as a decent support level. The price may find it footing there and can launch some bullish...
Dear Crypto community This is the Most hated coin in crypto Space, However its always good to Trade the Setup rather then becoming a fan of an Asset.
We human do mistakes and become emotional most of the time in trading we need to control the most.
Weekly chart is Looking bullish Volume is not much however as crypto market is unpredictable and it can pump any...
First off, don't take anything I say seriously, as this is on opinion basis. That being said, let us get into my insights. 2018, I was pretty confident on Siacoin, and short target-wise, it wasn't that bad. It reached a peak of being in the top 50's, top 30's list for cryptocurrencies. However, Siacoin have went down to #64 and is a dramatically lower price...