In regards to technical analysis, I seriously believe that Siacoin is underrated and has much higher bull run + gains ROI potential compared to some of its counterparts. This also has to do in part w/ chart patterns, sentiment regarding their network, and the hard fork. The support should pickup, and a retracement wave is possible from the previous bearishness...
5 months falling wedge broke out. We are looking on the daily time frame.
This move will happen on a 2-4 weeks delay. We are looking at 2x minimum.
This is a short term target. On the long term, it seems to have bottomed out. A lot of upside.
Hi friends hope you are well and welcome to the new update on Siacoin.
On the daily chart, the price action of the Sia has completed final leg of bullish BAT and entered in the potential reversal zone.
Buying and sell ranges:
The buying zone starts from 0.786 to 0.886 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786...
Siacoin is now at an all-time low price. All low satoshi coins pumping and SC is not moved yet. This is a great opportunity after IOST and ONE. We see a good moment in SC. A pennant pattern is forming and the coin is bottomed out. 20 sats is the major resistance and after the breakout, we see a quick pump in SC. Don't miss out SC.
Buy Zone: 11-12
SC / BTC
As you see in weekly chart
Price try to break and hold above weekly resistance (Previous Support)
whales last few hours / days pumped alot of low satoshi coins ..SC one of them and in my radar
-Strongest volume start to enter since last August
-RSI also is Bullish
🚨 Invalidation : if SC falied to hold above weekly resistance (previous support)...
Coinbase announced a list of assets undergoing review in June of which SC was included (here: bit.ly)
With the addition of NU, SNX, BNT, and many others on that list recently, SC is one of the few left.
Current price 0.0035
2018 high ~0.07
With ~45B coins in circulation for SC per CoinMarketCap, it would be a highly tradable asset to add to...
Siacoin gives a breakout on the chart. SC hit a new low for 2020 and pumped from there. Low satoshi coins are pumping and SC may follow them. This is a good opportunity to buy SC and make quick profits.
Buy Zone: 19-20 sats
Stop loss: 15
The priceline of Siacoin has formed bullish Butterfly on the daily chart, the targets as per Fibonacci sequence of Butterfly are:
Buy between: 0.00000021 to 0.00000018 btc
Sell between: 0.00000023 to 0.00000028 btc
Atif Akbar (moon333)
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)