Siacoin is in a correction. Looks pretty the same as the last cycle. Investor EMA are expanding toward a bearish bias. Based on fractal, we are entering the last cycle of the correction. I will build a long position around 0.00000060-0.00000050, where the volume profile is showing a strong buy zone.
Those who believe in SC can start buying within 10 SATS range from current level. However consolidation may take longer. Expect to spend a week / two before 25-40% bounce. We will still sell SC on bounce based on our last call if it does bounce. So its a two way play now
Short or Long... you decide, but it doesn't look good for SC right now. The red diagonal resistance lines are pushing it into a long term consolidation. I would guess we test that blue diagonal resistance line once more before dropping to level off for a bit prior to a slow bleed back to the mid 50 satoshi mark. This will be the third time something like this...
Sia has a great potential in Q1 2018 by releasing: - File Contract Upgrade - File Recovery System - Simple File Sharing It is still in downtrend, looking for a bottom at (blue lines) Support 1: 200 sats Support 2: 130 sats Forming a falling wedge, which will confirm a reversal after bouncing from one of the support lines and breaking resistance (red). + - RSI...
I have no clue about the fib, just trying some new things, feel free to leave feedback
SiaCoin has corrected rather sharply since mid-January, followed by a brief downtrend this month. However, the coin seems to be headed lower again. After facing resistance from the 50-Day EMA, Sia price has moved lower over the last few days and the next level of support for the stock will come from the 100-Day EMA at just over 220 Sats. With no specific bullish...
Sc is near to triangle ending.. and it will go up from when cross the triangle but it need vol. lets see what happened...
Siacoin Time for 2nd buy. 50%FIB crypto market goes green with good volume. Daily Higher High Higher close cande. Break of trend line. Uptrend trendline holds. Bulls taking the control. RSI divergence. Above 7MA :) Good Luck. Buy low sell high and HODL NO STOP NO LOSS
Buy levels in blue box, support here from the trendline, 0.786 fibonacci level and (stoch)RSI is getting oversold. If bouncing from the lower trendline. We will probably retest the upper trendline first after which SIA might move back to the lower trendline once more, before finally breaking out. Since the cryptomarket is quite turmulous at the moment, I will...
Hello, As you all know, BTC is in a correction stage. BTC's price affects all the different alts. If BTC drops below the 9k support, Siacoin will fall down to the support indicated above. Here is my previous Siacoin analysis: Here is my most recent BTC analysis: Trade is only active when BTC breaks under the 10k support and ofc 9k after that. ~DCFreak
We are looking at really nice and clear structure on SiaCoin against BTC. We are tracking wave 4 correction, because of perfect 261,8% Fibo. extension of wave 1, which is ideal for impulsive wave 3. From January 06, we can see slow sideways move within three waves w-x-y down, back to ideal 38,2% Fibo. retracement and also test of channel resistance line. ...
Not good, bad, very bad. Currently just at the overbought line struggling to keep 380 is not a very good sign at all. The momentum is still leaning towards greater loss I do think we will fall below 0.00000300 so I put my sights on 0.00000200. I haven't fell for any fakeouts and since 0.00000499 that is all we have been seeing. The market is currently bearish and...
Following a downtrend, the Rounded Bottom forms a gradual bowl shape reecting a gradual shift in the balance of supply and demand. Investors were indecisive and did not if it was a good idea to keep investing in Sia. Followed by that, a quite long period of inactivity, the bottom of the bowl that I drew for you, and it is when the price patterns starts it upward...
SC was one of the few coins to breakout upward during the crypto correction and has been a solid investment for sometime with heavy investment coming form players with deep pockets. However, following the breakout it has formed a bearish ascending wedge. SC is facing heavy selling pressure and there a divergence has formed between technical indicators and the...