You can find the long-term analysis with potential target in the "Related Ideas" below... I just one to mention one thing here.
Siacoin (SCBTC) will behave just like DigiByte (DGBBTC) once it goes bullish.
The price you are seeing now is not something you can find every week or month... It is something that happens only once every two years or more.
These altcoins that we used to give so much energy to in the past are in a hibernation state...
After the hibernation comes the activity and lots of activity, fast growth in this case.
We can see some action now but not the big wave that we would expect when the bullish market comes.
Considering this one is good for the long-term, for the short-term there are...
Siacoin vs Bitcoin has been bearish since forever.
This pair was added to Bittrex back in May of 2017 and we continue to see lower highs for many years.
There is some hope though, in December 2020 Siacoin bottomed and in May/November this year we have a long-term higher low, giving us the first strong reversal signal.
The next positive signal comes from the RSI...
A major move can happen on the Siacoin (SCBTC) pair but we start with the short-term target first.
EMA100 rejected growth back in April this year and this same level is working as resistance now.
Since SCBTC has been consolidation above EMA50 for the past month, as the EMA100 resistance gets challenged again we are alerted of an upcoming bullish jump.
Alright my friends its been a while since we looked at Siacoin vs Bitcoin so we are going to go long-term.
Is there more downside or will it grow?
We see a low set 9-May 2022 and this is very likely the bottom.
Because of the high volume.
If we look back at December 2020 we can see that right on the candle where the low was set we also have really high...
Big move incoming in near future. Keep a check. 3X atleast if it break the descending channel.
Short term Bearish
LONG TERM - The coin is one of the strong projects survived the crypto space for a long time.
Siacoin hit its All-Time High vs Bitcoin back in June 2017.
Taken from the current price we have a 3200% potential if the same price is hit... But since we are within a higher low long-term, there can also be higher highs...
Patience is key.
We buy and hold long-term.
We trade with patience and love.
No margin, no gambling, no jumping...
Siacoin vs Bitcoin (SCBTC) is in the process of printing a higher low compared to April 2021... Almost a year ago.
This is a long bearish wave...
After prices move down, the move back up.
Up and down, up and down...
SCBTC has been going down, what follows is UP!
We have a strong RSI at support and the MACD just entered the bullish zone.
If there is another...
Today we're looking at SIA coin (SC) - Instead of looking at SCUSDT , We're looking at the SCBTC pair. “Trading pairs” or “cryptocurrency pairs” are assets that can be traded for each other on an exchange. I especially like trading against BTC, a few examples; ETHBTC, SCBTC, EOSBTC. Using both BTC & USDT pairs against what ever your trading is...
My fellow cryptocurrency traders, I am closely watching Siacoin as this altcoin moves with DigiByte and DigiByte already went through the initial bullish breakout.
We can see here the blue EMA100 line working as support/resistance...
This is the level that is being challenged...
Anytime now we will see a strong push to the upside.
You can find the targets on...
We reviewed several Altcoin pairs that went through a similar price action to Siacoin (SCBTC).
We can see an initial break of EMA50, 27-March, followed quickly by a retest of this level, 28/29-March, and it holds...
If the same pattern repeats as with other Altcoins, from this point forward Siacoin can resume its growth.
Of course, we have bullish indicators...
SC/BTC pair can hit the top again. So, make Siacoin big again. 😬 I know, I see... bloody candles and panic... it is only a sale like in March 2020... stay tuned, be ready on next wave. 🙂
(this is not financial advice)
#SC currently trading at 33 Satoshi
And Also holding good support at 30 Satoshi.
Entry:- 30-33 Satoshi
Targets:- 66/107/187/306 Satoshi
Stop Loss:- 27 Satoshi
Guys don’t forget to Placed Stop loss if you want to enter any trade.
Support:- 30 Satoshi
Resistance:- 66/107 Satoshi
Siacoin (SCBTC) is trying to go bullish as you can see from the higher lows since June.
Resistance is being faced right now at 33 satoshis (0.00000033) or EMA10, followed by EMA21 and EMA50/100 (34 & 35 satoshis).
Finally, MA200 at 0.00000037 is the final barrier.
All these levels need to be conquered for a higher high to show up (orange arrow).
We are aiming...
Unfortunately rally is done due to btc dropping significantly. Alts including sia will continue to bleed against btc money flow going red and sia broke down from trendline it held previously. Unless btc resumes bull cycle or begins a new one after a bear market, another rally will most likely not happen anytime soon. It is unfortunate as everything has been set up...
Siacoin, the patient mover, the drinks too much too quickly and gets hungover, the excellent yet undervalued project.
Move looking imminent again and the hold of trend appears extremely bullish, with lots of alts in amazing buy zones this is certainly one to grab if you have patient hands, all depends on what king bitty will do.
Cipher money flow indicator curling up the same way as before every big explosive bullish run on sia coin during bull market+ strong momentum waves (basic market cipher strategy)+bounce off of the trendline+increase in volume. Looking to break 54+55 sats level. 100sats to 375sats possible if 55sats level broken. Fundamentally skynet is releasing its monetization...