SCUSDT 4H - READY FOR PUMP BINANCE:SCUSDT ( Daily Chart ) - Technical Analysis
SC look bullish right now, after break the daily trend then make a bullish pattern for next move.
Entry Point :
0.0187- 0.0195
Target 1 - 0.02200
Target 2 - 0.02500
Target 3 - 0.03124
Target 4 - 0.03500
Target 5 - 0.04000
Stop Loss : 0.016
Keep in mind leverage trading can be highly risky, trade with not more than 5% of your funds in leverage trades.
*Not financial advice.
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SCUSDT.P trade ideas
Siacoin - Long PositionSiacoin is explained as a digital decentralized storage platform. It provides an access to encrypted storage in the blockchains public ledger where user can hold any information he’d like. It’s very easy to define Siacoins idea. Siacoin takes common centralized cloud storage like DropBox or Amazon and distribute it to the shared decentralized network.
Siacoin aims to make a free market-based network by providing hosts with a huge options pack, lie setting your own prices, advertising, compensations in the case of losing information and an ability to choose whether to provide storage to a client. To encourage hosting Siacoin compensates hosts job with Siacoin token – SC coin. If all the terms of client and hosts are agreed upon, file contract is drafted so while info is stored in host server, all the info about that transaction is kept in Siacoins blockchain.
Binance: SC buy / long H4Binance: SC buy / long H4
Entry: 0.025
SL: H4 close below 0.022
TP: 0.035
Sia aims to offer a decentralized cloud storage infrastructure. Sia connects users who need file storage to a distributed global network of hosts, willing to offer under-utilized hard-drive capacity.
The Sia blockchain allows this marketplace to run without intermediaries. Sia secures the storage transactions with a set of smart contracts, creating a (supposedly) more reliable and affordable offering when compared to traditional cloud providers.
The Sia network runs on a Proof-of-Work (PoW) consensus algorithm.
The SC token is used to pay for storage services offered on the platform.
Siacoin vs Tether Long-term Bullish (Weekly TF Analysis)We are looking at Siacoin vs Tether (SCUSDT) this time long-term.
7 days per candle; Weekly.
The bullish bias is becoming stronger.
This week we high a higher high compared to late August.
This week we have the highest volume since April.
SCUSDT price weekly is above EMA10, EMA21 and EMA50.
The MACD is in the bullish zone and curving up.
The RSI is above 60, weekly this is super strong.
All these are bullish signals.
The more bullish signals, the higher the potential for this to grow.
I also mapped multiple targets, support levels and the chart pattern (ascending triangle) currently in play.
Thank you for reading.
Namaste.
SCUSDT NEW RALLY? BULLISH TREND Hello Traders,
- Please push the like button if you like the content or drop a comment to share your idea!
- SC is trading in a symmetrical triangle since April 2021 on our 1D time-frame chart, our EMA200 is acting as an dynamic support holding the price up , buyers are showing strength since mid September , good buying volume is starting to rise we would like to see a breakout from our triangle around 0.0245$ with a daily close candle confirmation which show us that buyers could take the price higher breaking our old R/S 0.03314$ - 0.04174$ .
- Based on our 4H time-frame chart, price action is making his way in a decent ascending channel making new higher lows with an increase volume.
-Stochastic indicator is showing positive sign , price is in buy zone territory
- I am overall bullish on the long-term for SIACOIN , from a technical perspective and fundamental side ( check the main 3 reasons down below )
(Fundamental Analysis):
1-A cost-effective cloud-storage solution
2-Peer-to-peer storage solutions
3-Security is paramount
Good luck Sia lovers!
🧜♂️SIA/SC- consolidating under key level, breakout soon?The price is consolidating under key level resistance. The current level is heavily supported by: 200EMA, dynamic support(orange) dynamic support from previous resistance(blue), local level(0.1889) and node of high volume.
Entry: buy between key level and 200EMA
Targets:
0.02155
0.02401
0.02558
0.02788
0.03444
0.03718
0.04364
0.05715
0.06398
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About SCU:
Siacoin (SC) is the native utility token of Sia, a blockchain-based distributed, decentralized cloud storage platform. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space. Agreements and transactions are enforced with smart contracts, and Siacoin is the medium of exchange for paying for storage on the network. The main goal of the project is to become the "backbone storage layer of the internet."
Sia was originally announced in May 2014 before being revised and re-announced a year later in May 2015. It officially launched in June 2015.
Source: coinmarketcap
SCUSDT Season has begunHello there...
SCUSDT Season has begun, for many reasons:
1- SC crossed 1d timeframe successfully.
2- SC crossed 1w timeframe successfully.
3- SC crossed 1M timeframe successfully.
4- the volume as you see are very very high from this point.
so we stilling in the begining, and we going soon to get around 223% profits,
your Welcome to the comments if you have any question or opinion :)
Thanks
Ammar
SIA Creating Cup And Handle ☕️The push back to high range is very plausible down ticks on the macd with bullish volume and being overbought we could see a slight correction like 1-2% and then gains to previous high to possibly exploring territory
Once broken that 0.024 I will take some profits and setting stop loss at 0.019
I’m very bullish on siacoin in the long run as it is a file storage solution which could become quite big running alongside filecoin