To me, Sia still seems way undervalued & ignored based on its potential - and it looks like it's forming a large Cup & Handle. Target is on the chart.
And just for future reference I put some extra speculative targets, not based on anything except some trendlines I found and the fibonacci levels. Not recommending trades based off of those - but if it does shoot...
SIA about to break out to a new ATH, I think we will see a parabolic movement soon. Speaks for it self, great tech, great use case, long term it should hit 1 billion + mcap.
OK fellow traders, please give your input on this. Siacoin is a cheap altcoin that looks poised for some nice returns shortly. Since the beginning of April the trend lines are upward and expanding, and has been trading nicely within upper Fibonacci bands. If that trend holds (gray box) we could be looking at 20%+ returns in 7-10 days. Thoughts?
23 we can see nice GAP combined with nice doji candle holds losses and pushed pair higher. Major support/resistance area with psychological number 50 (range between 50 and 44) was respected by market for a very long time. It was eventually broken by pair and tested twice during last three weeks with negative results (good bullish signal) . 12th of April pair...
I think after a spike like this you need to take a step back. This rally was pretty big.
Do I think sia is a good coin and has a future? I certainly do but a rally like this should probably pull back.
HA is red, oscillators are oversold.
I expect to hit the Kijun in the short term.
Looks like a Cup & Handle on Siacoin.
If it holds up, my target is in the 120-130 satoshi range.
In my opinion Sia has been undervalued - been suspecting a pump for a while.
May not take off right away but definitely keep your eye on it.
Cloud is thinning for a potential twist and cloud breakout with a Tenken/Kijun cross not far behind. Nice trend touches from ATLs as well. Things could well be looking up for Sia. Chikou ready slide above price in a few days.
