SCUSD
SIA vs USD on a linear scaleSince Bittrex introduced USDT pair for SIA coin it might be a good idea to have a look at it.
Linear scale seems to fit just fine.
SC-USD Sia has been waiting to long it seems. She wants to MOON!Hi everyone,
Hope for you that you joint me on this ride to the stars. It will pullback a little now but we will go uP some more after IMO. Be careful taking profits on this one for it can leave you behind weeping.
Trade save on your own TA ( •_º )
SC(Siacoin) Powerful BREAKOUT!!!Strong 4h candle closes above 1 months old trendline!
Criteria's is in the picture above!
NB: Roumers about BINANCE listing Siacoin is also on the point! :)
Good luck!
SC poised for a breakoutSC is looking to break out of its triangle. A long awaited catalyst may be a listing on the Binance exchange. Expect a breakout in the coming days. If it breaks out lower, close the position.
One more shitcoin pump before bear market?Just looking back at the amazing May and June bull run, and comparing it to the recent pump and noticed a surprisingly similar pattern in SiaCoin which could indicate one more big pump before a long consolidation phase.
Based on what I have seen across most of the smallcap coins, this pattern could apply to a lot of different 'shitcoins' ;)
Just some speculation...
SC-USD Update SiaCoin derailed to quickly from my previous chartHi everyone,
So why did SiaCoin so quickly from my previous chart. BTC is of cours the biggest influencer of SC. I think this one is gonna be a much more steady track cause of the dates that I took out of my Bitcoin chart.
$ 0.015 is still the price level where I start buying but could it go all the way down to $ 0.012 I think it's even very likely after looking at SCUSD history.
Careful and don't trade on my charts, it's just speculation (till it reached the end of the lines ( •_º ))
.
SIACOIN CRYPTO STRATEGYSiacoin is a cryptocurrency that is based on sharing hard drive space. In essence, Siacoin provides new opportunities for everyone to deposit files much like Dropbox can store files (video, images, and documents) on the SIA network.
The advantages of Siacoin are that it uses a decentralized user-contributed sharing economy where you can essentially cut the cost of storing files online.
So, to purchase storage capacity, you can just use Siacoin tokens, and you can share your unused hard drive space.
Cryptocurrency Siacoin is currently the 34th most valuable cryptocurrency with more than $750 million in market capital. Current market Siacoin price is a steal at $0.021 per coin value.
Tradingview Indicator DMI includes ADX
The ADX indicator doesn’t tell us whether the market is going up or down, it only measures the strength of the trend. To determine whether the trend is up or down we’re going to use the Plus Directional Index (+DI) and the Minus Directional Index (-DI).
Step #1: The ADX indicator needs to be higher than 30.
The first rule needs the strength trend indicator to show a reading greater than 30.
This is the first signal that we’re about to enter into a trending period and, it is a useful information because we don’t want to enter into a market that’s not in a trend condition.
The ADX indicator will be raising in a strong bullish trend and the higher it moves the stronger the trend becomes.
Step #2: The DI indicator needs to show the +DI line above the –DI line.
The directional movement indicator gives us the direction of the Siacoin trend.
The blue line is the positive DI, while the yellow line is the negative DI. When the +DI line is above the –DI line that’s a sign of a bullish trend. When the +DI line holds above the –DI and if they are also really spread apart, it signals the presence of a strong bullish trend.
So, the reading of the DI indicator also matters, because the higher the +DI line is, the stronger the trend will be. Basically, the strength of the trend is checked twice, first with the ADX indicator and then secondly, with the DMI indicator.
Step #3: How to Buy Siacoin: Buy at the opening of the next candle once the two trading conditions are met.
A buy stop is placed at the opening of the next candle after the first two conditions are satisfied.
Most often when the ADX indicator shows a reading above the 30 level, the directional index will already show a positive trend, so we need to get ready to buy Siacoin straightaway.
Step #4: Place protective Stop Loss below the most recent swing low
The protective stop loss should be placed below the most recent swing low point. If you’re having problems identifying swing market low points simply check when the ADX indicator bottomed. Usually, the ADX indicator offers a much clearer view of the market swing points.
Step #5: Take Profit when the +DI line crosses below the –DI line
When the DMI indicator crosses in the opposite direction, we know the trend is turning bearish and we want to take profits on our Siacoin trade.
The DMI indicator is a great tool to be used for profitable trading because it provides you with fantastic exit points.
I offered 3 different exit points. 1st 1.5 to 1 risk ratio, 2nd 10 candle new low, 3rd +D1 cross below -D1
SiaCoin SCUSD Personal favourite of mine... 0.015 is where I buyThis is a favourite of mine cause of it's fastness. Careful, I stepped out to early ones already and you'll go nuts when you see it double without you.
It's no Elliot!!! It's BWPP with Elliot tools.
If we can't love what we can't understand, we're doomed!
Don't follow me make you're own TA. I'm just sharing!
( •_º )
Sia on alertSia is on alert but against my anti chasing rule. One of the main purposes of my method is to stop myself from chasing.
SCBTC Sia on its way Sia heading North. RSI heading above 50 with signs of correction. Coppock going to break 0 line. Target 161.8% fib
SCUSD ShortWe can see both 0.618 and 0.500 of Fibonacci leves of bigger trend are on the same level that created reversal point. Also, MACD and Stochastic are both showing weakness of trend and oversold SC. I recon that maybe we'll see bounce of black line at 0.022999. In that case, short at REVERSAL POINT. If not, short as soon as price goes below 0.022999. Fibonacci levels under REVERSAL POINT are profit levels.
Alt-Coin Custom IndexPunching right through 2 retracements.
Currently at a Price Projection, needs
to break that to rally higher. Its bullish.
SC/USD - 4/11/2018Good Afternoon, Traders!
Siacoin has been trading in the bearish direction since the beginning of the year and has recently began consolidating above the 0.0103 support level and the 0.0140 resistance level. Along with this, the price as been running above the 2/1 Gann fan line creating a very short ascending triangle from the three lines.
The Exponential Moving Averages show that the EMA 20 has been below the EMA 200 since mid March and seems to be slowing down. This consolidation could result in a reversal causing the EMA 20 to start moving back up.
The Ichimoku line remains red indicating it will continue bearish or be met with the resistance line at the red.
Important Resistance Levels: 0.0140, 0.0229
Important Support levels: 0.0103, 0.0086
DISCLAIMER
WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
CONFLICTS OF INTEREST
GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.
Written by:
Hammad Fazlani
Research Analyst
Return of the AltsA crucial part of my ALT analysis comes from Reverse cyclicality to BTC from date DEC 18 where they break previous levels. short list of alts include XRP TRX QTUM XVG SC RDD.... list goes on actually. TRADE YOUR FIBS WELL. MANY have a fib resemblance if you look for it! This analysis comes with btc return to 5k & 3k level hover for 6-9 months before return of btc.
Please keep in mind since the creation of cryptocurrencies, it has acted as a VIRUS on the current fiat financial system. Backed by WW2 German Encryption & nuclear 2 key Authentication, making it virtually unhackable, and unstoppable. I expect most governments and banks to take the stance against it until 2022 where mass forced adoption will take place due to failing financial institutions. ONCE a coin goes live, it is virtually impossible to take down!
I know these are, or may seem to be wide and outrageous predictions, this will be backed up with lots of research in following post on the NIKKEI, DOW, and GOLD/USD INDEX.
Siacoin to the moon?Hi there,
Note that i'm not a professional, i'm here to learn and therefore feedback is much appreciated.
I've noticed two contracting triangles in the SCUSD chart. This in combination with the fact that the SCBTC chart is showing a massive cup&handle pattern makes me believe Siacoin is going to skyrocket soon.
Now i have to say i just started reading up on Elliot waves so correct me if i'm doing anything wrong.
Also i would like to know how i could place the last 5 impulse waves on the correct height when a symmetrical triangle like this occurs. Is there anybody who can give me feedback on these questions?
Thanks in advance.
SC - Bullish - Trade with Potential Profit > 2xHere is a potential trade setup for SC, which has been doing very good recently. Seems like there may be another potential bullish run with possible high profits. Targets, supports, resistances etc are shown in the chart. I'd consider this short to midterm trade, considering the bearish BTC market. There might be some sideways/ranging and small local pullbacks, but overall it will mostly likely be in bullish mode.
*** This is not a financial or investment advice. Trade at your own risk and do your research before any trade.
SC - SiaCoin - ShortSC was one of the few coins to breakout upward during the crypto correction and has been a solid investment for sometime with heavy investment coming form players with deep pockets.
However, following the breakout it has formed a bearish ascending wedge. SC is facing heavy selling pressure and there a divergence has formed between technical indicators and the price.
Due to the TA on the chart and divergence of the indicators, I expect a pull back in price.
Siacoin #SCUSD - one more wave to the upside? +315% possible!The Siacoin SCUSD cryptocurrency price has four growth sub-waves. In the current situation, there is one more wave missing to complete the overall wave progression of the higher degree - wave 5. If the 0.0504 level is the end of wave 4 correction, the target range for wave 5 is between 0.1538 - 0.2167.
The necessary condition for further increases is the break out of the technical resistance level at 0.1132.
On the other hand, any violation of the level of the 0.0410 level invalidates the upward scenario.
TREND AND IMPORTANT LEVELS:
Main trend: UP
Intermediate trend: UP
Daily trend: DROP / NEUTRAL (continuation of the correction and the option of breaking)
KEY LEVELS:
- for further increases - level 0.0838 and later 0.1132
- for continuation of correction - level 0.0838 and 0.05040
- for continuation of decreases - 0.0410
PS: Make sure you FOLLOW ME!
PPS: The next analysis of the next cryptocurrency will be published, if this post receives a min. 100 likes. :)
Siacoin - Possible 225% GainGuys, last one for the night. I REALLY like this one. I may enter this trade soon because I think we may be near done with the consolidation phase. The Daily MACD is still pushing down, but this correction is reaching near the same length as the previous wave 2. I will look for signs of reversal and possibility of a failed breakout. But I think I'm placing priority on this one until I see that it is likely to not take off until a while later.
Entry: Below $0.062
Stop Loss: $0.04 OR on signs of bearish reversal
Target 1: $0.165
Target 2: $0.199
Chance to Gain: 225.11%
Chance to Lose: 34.22%
RR: 6.58
Time-frame: 1-2 weeks or more
SCUSD 3H
Please note that this type of recommendation is not followed up. Set your target and stop your loss yourself. If the analysis agrees with your idea of view (make sure that the analysis agrees with your idea of view, the analysis is not followed)
