I've been following this coin a lot. Impressive to see such a high developer score when looking at CoinGecko. Always in between, Monero, Ethereum or Bitcoin itself on top of that list.
See here: www.coingecko.com
They have a working product and a great team of talent behind. And nowadays in Crypto, thats not often the case.
Into TA:
- We can identify both...
Entry:
We're going to buy when the price breaks above these highs of the 1st and 4th candle.
Stop:
The stop will be going under the swing low. A break of this stop will also be breaking the blue trendline.
Exit:
We will look to move a stop up under the swing lows and ride the trend out as long as possible.
Things i'm considering:
- The overall direction is...
Descending wedge formation and bounce off of support level at 62 satoshi/.382 retracement level.
Big news that not many know about yet: forum.sia.tech
We dumped initially because the product was broken. This update restores functionality (first update in 3 months), and has been demonstrated to store 100GB files on the blockchain.
Potential for much more...
Horizontal base triangle (A) suggests a breakout downwards. However, I think SC is moving within wedge (B) and finds it's bottom around 70-71. News is very positive and I expact a sharp breakout upwards with the important October release: forum.sia.tech
Hello folks, I have been asked to do SC analysis, if we see it had some big prices a few months ago and now it is in a bearish trend, as we all know SC is one of the best options for longing @ long term.
Analyzing this coin since it came from high point in June, but analysis was made since July as if we go a bit backwards than that it might throw some inaccurate...
