SC has been getting a lot of positive news recently (ride the trend guys, the news surrounding SC is very positive). It is definitely a long term hold. The project itself is genius - if you haven't invested in SC yet i'd recommend to do so and hold. As for the chart - I think that history will repeat itself and we will now see a drop until it reaches the bottom...
Let me know what you think about this chart; any criticism is great. I wanted to give my impression of how I see SIABTC still increasing over time, however, at a much slower rate. I still think it is a long hold.
We can clearly see the pattern. In the next day, it will break and who knows where it can bring us - perhaps another pump. Either way, it is going towards the 0.00000800 BTC. Upward trends are always fun.
The first ASIC built for Sia mining. Let's see what it holds. Analysis based on different timeframes (1/5/30min, 1/4h, 1D)
Analysis based on structure 1/5/30min. Shoulder maybe touched and move could be retraced. If it crosses the ellipsis breakout may appear. Stay green, or stay calmed!
Analysis based on structure 1/5/30min
There is support at 0.00000690 if it breaks that it will go down and Resistance at 0.00000738 if it breaks that it will move upwards wait for entry points and enter the trade it looks good for the week could move to 0.00000815 if it breaks 0.00000738 and if it breaks that we can go to moon (I expect a Move upward in the next couple of days ) All is in the Chart...
i think sia is going to make a big move, 1200 maybe more, keep your eye`s on this one !
I will add more if the price pop out from my TL. This will do like my last plan, My target is 750 -> 950 Have a nice day & Great Trade anyone !!
This is what I think it will look like in about a month from now.
siacoin most probably path to the sky. major tp at 920-1020 - buy back 700-600 - tp 1300-1400 - buy back 900-1100 - tp 1700-1900
Reposting my chart analysis because the old one isnt seeming to update anymore
Siacoin has been in a pitchfork (log scale) since the first pump starting on May 18. It has formed two pennants since then and the first one broke out very similarly to the initial pump. I'm watching SC closely to see if the pattern will repeat for a third pump. Entry - 550-650 Target - 750 Good luck!
I have been comparing ideas and charts and have a good feeling that SC very soon is about to go up another step on the staircase-like pattern it has formed over the last months. It should in theory be a good time to get in now if you dont already own SC. There might be another minor drop or two before it starts to pump upwards. I got in at 0.00000630 and I am...
My bias for this coin is still long. the last TL from H1 was fail to fly high. For a clean Up-trend moves, it needs a daily close above that TL. So the price will play around @ 600-750. Have a great trade & have a nice day !!
SC has been slowly building for a while now. We have seen a few breakouts and the lows have been much higher. Sia certainly looks like its gearing up for a trip to the moon. My short term target is 800 sats. Mid term is 1000-1200 sats.