Siacoin / Bitcoin

SC completed it's corrective waves, good time to get in and the ride the wave back up. SC has a bright future ahead of them, cloud storage market is supposed to get a compound annual growth rate of 29.73% to reach a total market size of US$92.488 billion by 2022, from US$25.171 billion in 2017. It's only a matter of time before they get things moving.

If price hits the 786 fib then that would increase confirmation that this is the start of an elliott wave sequence

The team SC is working quite well and there are steps made with their project. So buying some SC is a good thing to do. But this requires a long term holding for the price to climb high. Don't get spooked by numbers to much.some coins earn you profit over a day and others don't. I expect this one to be implemented by larger companies because of the lower prices. ...

Hello traders, following up from my successful prediction for Siacoin (chart is shown below), I'm now looking at the bigger picture for potential moves throughout June. https://www.tradingview.com/chart/SCBTC/mwi1xDKJ-Siacoin-Price-Structure/ As you can see from the 1h chart, price exceeded the high at 590 and peaked around 740, followed by a 30% decrease in ...

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 ...

If we look at the daily chart of Siacoin, we can see that the market is at the support zone. Bullish divergence and double bottom chart pattern give us a trend reversal signal. It means that we have to be ready to open long trades based on breakout signals. If price bounces from the support zone and breaks the downtrend line, it will be confirmation for further ...

It's time to buy more.

Its a low satoshi, high market cap coin, which means if it break any 00 number (100,200,500), its going to go to the next one then retrace 50 sats.

As most of you know, I love SC. I think the product is solid and I think it has a great future. But we cannot make big investments based of emotions and feelings, there has to be a large amount of logic and analysis. Right now supporters of SC need to overlook appreciation for the product and look hard at the trends. We are at a very critical juncture right now ...

Today we have SC/BTC on the 15m chart, as there is not a lot of data for this asset, however, a lot of individuals have asked my opinion about this cryptocurrency and I'd like to give you all a brief overview. As you can see price is creating several key areas of support and resistance which we can use to our advantage. Currently, price is trading in between ...

Here we see a basic Elliott Wave Pattern where wave 2(corrective wave) has not retraced 100% to wave 1, wave 3 is clearly the longest, wave 4 has not retraced to the top of wave 1, and wave 4 (corrective wave), appears to be yielding to wave 5, which is potentially the final impulse wave. Siacoin features longer addresses which are cryptographically more secure ...

SC has been holding at strong support level for several weeks. StochRSI is approaching oversold on Daily chart, and is already far oversold on Weekly chart. Blue box shows current support range. I expect to hold at this level for a day or two more than a breakout. If bull reversal bar is confirmed and above descending support, could see move up to red resistance ...

Hello everyone, I hope you all had an excellent trading week! Today's analysis is a follow up from my successful prediction for Siacoin (chart is shown below) before the minor altcoin crash throughout July. https://www.tradingview.com/chart/SCBTC/5LcYaXeg-Siacoin-Rinse-and-Repeat/ After reaching 840 we started a steep decline towards the mid 200's. Now that ...

We can see a clear falling wedge which is a bullish sign. The lower trendline is flatter as bears are not able to push the price lower. We are coming to the end of the pattern. We could expect a break out. If the market manage to cross the upper trendline supported with volume and a few successively rising candles we could enter a new bull run. In the other ...

I started buying SIA Coins when the downtrned was broke and confirm ( I bought around 300-330 ) . After, the price decided to do a head and shoulder pattern who will confirm the continuation of the downtrend. So I bought around 200-220 level the equivalent of my coins. 180 level should give some good support lets give it a shot. Trade on your own this is only ...

Whats your take?

Before we dive into today's analysis, I'd like to thank you all for your continued support in helping me reach 5,000+ followers, I'm extremely grateful! The setup displayed in front of you today is a prime example of market cycles repeating themselves, I have clearly illustrated on the chart the similarities between the two extended moves up. I'll strip this ...

is siacoin about to shine again or !