TradingView
AlanSantana
Feb 18, 2020 7:54 PM

Siacoin Can Do More (Short-Term Move Mapped) Long

Siacoin / BitcoinBittrex

Description

SCBTC (Siacoin) is now gaining momentum while moving higher and has room available for more.

Our next target is sitting at 39/40 satoshis before prices start to retrace... This price has already been hit on Binance, so we are likely to see the same happen here... Our next target is marked on the chart.

News updates
Sia Announces Skynet, the Storage Foundation for a Free Internet
"Nebulous, developers of the Sia network, has launched a content distribution and file sharing network
According to Nebulous CEO, Skynet offers lower storage costs and higher speed, and has advantages over both centralized solutions like Amazon Web Services and the InterPlanetary File System (IPFS)."

Source:
blog.sia.tech/skynet-bdf0209d6d34?gi=9e8b3774d679
theblockcrypto.com/post/56274/sia-blockchain-developer-nebulous-releases-decentralized-file-sharing-platform
sia.tech/skynet2020

Namaste.

Previous analysis | Jan 13, 2020 | SCBTC (+111%)
Comments
AndrewKramer
Thanks Alan, you are doing a great job, just discovered you :D Keep up the gj!
AlanSantana
@kldd0w, Thanks a lot brother, appreciated.

Feel free to leave a comment if you have any questions, it is my pleasure to help.

Namaste.
cpe89
Any updates on Sia chart
AlanSantana
@cpe89, Right now SCBTC just hit support... We have to wait and see how it is handled.

If support holds we can start to look for an up move.
If support is weak and breaks we have to look for lower support.

Namaste.
uziboozi
Yep sold 38 target now time to rebuy the retrace, hopefully can rebuy the restest of support at 29 sats
AlanSantana
@uziboozi, Great job brother... Thanks for sharing.

I am sure your comment will help those starting out... The harder part for many is to sell and collect profits.

Namaste.
More