The coin of this fantastic cloud storage marketplace, will test its strength during the next few days. It is very strange that this successful project has not yet earned the gains it deserves. If it was a stock, I'd say it's undervalued.
Siacoin is one of the first pioneers in the field of blockchain-based distributed decentralized cloud storage platforms. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space. As can be seen, in the past, SC has grown a lot. SC has been oscillating in a huge triangle pattern. Recently, it seems...
If it validates the breakout on the current breach of the neckline the measured move target is about 2 and a half cents. Nice to see SiaCoin actually doing something for once, been a long while. Must be a true tell sign the bull market is back. *not financial advice*
While we are bouncing between support and resistance, sia is looking strong on the bigger time frames.
Supp. and res. lines are getting closer towards each other,in a symmetrical triangle.
price is also making a sort of inverted head and shoulders pattern between those support and resistance lines.
For now it looks like, everytime the rsi crossed 70 , we get a...
I've been accumulating this coin for about a little more than a year now, dollar cost averaging and buying when things are quiet seem to have paid off. Letting go of my bags as we near 0.02, risk is on after that.
We expect price increament to 0.02 after which a likely reversal to 0.014 where we can re-enter the market once more. There is a 80% chance our price prediction for the year will play out for scusd
Sia is the first data storage on the blockchain. It exists quite long. You can safely store data on the blockchain, against a very competative price. People can act as hosts to earn coins. You can easily earn 30k coins per year, using the overcapacity of your own computer. For a long time investments in Sia didnt seem to realize interesting profits. That is until...
Bullish Reversal in Play: Siacoin exhibits a remarkable bullish reversal, with a significant 193% recovery in the past ten weeks.
Weekly Chart Dynamics: SC shows potential for a long-term trend reversal, currently approaching the 23.60% Fibonacci retracement level.
Trading Volume Surge: A notable increase in trading volumes underscores growing investor interest,...
The beloved coin among many traders is showing a logical rise as accumulation has taken a very long time. I believe that we will repeat the cycle and reach levels around 0.7 to 0.8. These levels represent correction ranges where we touch maximum levels.
T=0.016
T2=0.022
n technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape.
Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
There are three potential triangle variations that can develop as price action carves...
The hated hatted-goose formation defies wall street, central banking, and centrally controlled governance. Watch out as many crypto companies, organizations, and groups of decentralized intelligence seem to be poised for upward movement long term.
SC is bullish .
Update on Siacoin #siacoin KRAKEN:SCUSD #scusdt #siausd on the day we see a contraction phase with a possible ripsaw showing direction fakeout, next a direction to a retest to weekly trend line brake.
>>SIACOIN 1w Cycle Analysis<<
✨I've divided the periods on SC(sia) into 4 parts.
It's clearer with the colours.
We seem to be experiencing a repeat of the same.
✨The first downtrend on Iota lasts 798 days.
The peak we're seeing now is 910 days past the peak.
We have green BULL CHANNEL in both trends
🎪 1> Yellow Zone (TOP)
🎪 2> Blue Zone
75-week moving...
We just looked at DigiByte vs Tether (DGBUSDT) and also DGBBTC several weeks into the past, this leads us to Siacoin (SCUSD), DigiByte's cousin when it comes to the charts. When one moves, they both move... Let's have a look.
Siacoin remained fairly strong during the correction based on a higher low vs Nov. '22.
The current action is really strong with SCUSD...
