there are two possible channels siacoin might move inside. I think scenario 1 is more likely but this is crypto, anything can happen. also before moving down to either of the two channels, the falling wedge will break up, so you'll have a good chance to sell.
I think this is best time for buying Siacoin... For mid and long term trading, or good opportunity to invest your money. Don't forget ! Dont invest more money then you can lose :)
Siacoin has very big potential, so if you want to spend money with brain, this is right crypto for you... Of course it will be a LONG RUN :)
There is beauty beauty in simplicity
Siacoin is really holding on as long as she can. Whales can't let everyone get in forever. And remember, siacoin was already 350+ satoshis when it landed on Bittrex before the last pump.
Grab a couple hundred thousand siacoin and don't even bother with a stoploss at this point. If it sells down from here it's most likely those that bought in recently and can't...
Price and volume are getting very quiet in the SC/USD currency pair. It looks like all of the hypesters have potentially been shaken out of their positions and we may see some accumulation. The Sia project is still on track and they have a working product.
**Not trading advice, think for yourself.
Here is a falling wedge, for those who don't work with Tech analysis.This is a pattern who is created when Sellers become less and less part of the market so usually the price should brake in a rise.
Also have in mind that it could be a total different outcome, cus anything and anyone cant predict the markets.
My advice is to hold if you have some and buy, or...
Logic tell me this green zone is a great buying zone for a mid-short term trader !! Good luck and trade on your own !!
Sia wont be worth zero so... This project is really undervaluated Lets go sia !!
Stochastic RSI is in the oversold area. The price has bounced off the Bollinger Bands bottom border. The uptrend will continue within the limits of support and resistance levels.
There is an untested demand zone around .006. Consider going long if the price dips that low. Ease out of position (half or more) at .008 and let remaining amount ride with a trailing stop loss.
Easy crypto signal.
Green line shorter term long uptrend signal.
Red line shorter term downtrend signal.
Green dots longer term uptrend signal.
Red dots longer term downtrend signal.
For more volatile price action you need to go to lower time frames.
Easy crypto signal.
Green line shorter term uptrend signal.
Red line shorter term downtrend signal.
Green dots longer term uptrend signal.
Red dots longer term downtrend signal.
For more volatile price action you need to go to lower time frames.
The price growth as well as the volatility increase (Bollinger Bands range widening and support/resistance levels diverging) show that Investors are getting more interested in Siacoin. The price stays above the Bollinger Bands range center. Stochastic RSI tells of a nearing price growth. Expecting the growth to the previous all time high of $0.0092.
