BTC-SC
SC Almost At Rock BottomSiacoin is almost at rock bottom price here. A couple satoshi invested now could turn into a nice payout in the next few months to come. I will be putting a few Siacoin in my bag for this price. SC/BTC is definitely a pair to put on your watchlist.
The markup turned out to be quite complicated The markup turned out to be quite complicated, but Y = 0.5 * W, = 0.5 * , and both indicate a level of 0.0021
Siacoin (SC) - potential bottom + EASY 60-300% PROFIT.Fundamentally:
Siacoin has been listed on Binance - there were talks of this in December but the CEO stated that he did not like Binance's T&Cs as SC wants to stay as decentralised as possible. However, due to binance wanting to create more decentralisation, SC has now been listed. SC also has very strong fundamentals.
Analysis:
As you can see on the chart we are in the accumulation zone. Volumes will increase dramatically due to the binance listing. As BTC consolidates at 6.6k before a potential further movement up to 6.9k, we will see altcoins move up. Siacoin has HUGE profit potentials.
MACD supports further upwards movement with a potential bullish crossover as does the stoch RSI.
When SC runs upwards it runs up VERY quickly.
Buy in price: 200-220 satoshis, can buy in at higher prices if BTC doesn't drop dramatically.
Stop loss: 190 satoshis.
You can take profits in the yellow box, I would recommend taking a percentage of your profits and waiting for the triangle to break, if we break upwards then we can begin to see close to ATHs which is 300%+ PROFITS.
sc-btc going up in few minutes I see a cup pattern on the 5 min frame , also a Pennant , Also a cup pattern on the 15 min frame
all pointing to the same point which is 500 satoshi
Quick Strategy To SELL @ The TOP (4 Beginners)Look at the following chart:
Notice that when the candles form a large stick on top (basically the candle is pointing downwards), then we have a few candles of resistance or pullback.
In this example it isn't so obvious, because this coin right now is in a very strong run, but you get the idea.
After the first candle closes and give you the signal, you can sell at the following candle and then expect a retrace.
Let's look at a clearer example:
Then you use the support level to buy back. This is called a swing trade, this can make you lots of money. But if you get it wrong and go on panic, you can lose a lot as well.
Additional tip: The indicator "TD Sequential", which puts the numbers on the candles is another HUGE indication of a coming retrace.
On the same chart above, you can see that the #9 produced the biggest fall.
If you want to take this to MASTER level, learn how to read candles.
That's it. ENJOY!
TIPS/GIFTS ARE WELCOME:
BTC: 1FuixEqRubccPr9RxZpFTRAzXhwS4j2Qh3
BCH: 1QHoxyb6eWeTUJQ7umFUSKcCZCGckfx14H
LTC: Ldqto38KKv2wibUBqdaEYN6k7EDMAfBbqm
ETH: 0xb0212a2338eaebd110adc5ca254e23396cc88cd2
ETC: 0x7374fccf45b20f68f444b654402c22246165a366
More strategies below, in the "related ideas" section.
Please read them. Thanks.
