Siacoin (SC) Support Found + 170% TargetSiacoin ( SCBTC ) has found support just below the 0.786 Fib. retracement level.
We also have a falling wedge pattern breaking out bullish .
With its price trading above MA200, there is potential for a bullish wave to develop here.
I've mapped up to 170% in potential profits for the second target.
We remain bullish above the 10 satoshis (0.00000010) low.
Any trading above this level and we remain bullish long-term on Siacoin vs Bitcoin ( SCBTC ).
Additional details on the chart.
Namaste.
SC
There is a trading opportunity to buy in SCETHTechnical analysis:
. Siacoin/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000960 to 0.0000082). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000096)
Ending of entry zone (0.0000082)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00001100
TP2= @ 0.00001250
TP3= @ 0.00001350
TP4= @ 0.00001485
TP5= @ 0.00001700
TP6= @ 0.00001900
TP7= @ 0.00002235
TP8= @ 0.00002565
TP9= @ 0.00003640
TP10= Free
There is a trading opportunity to buy in SCETHTechnical analysis:
. Siacoin/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001000 to 0.00000820). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001000)
Ending of entry zone (0.00000820)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00001180
TP2= @ 0.00001340
TP3= @ 0.00001485
TP4= @ 0.00001700
TP5= @ 0.00001900
TP6= @ 0.00002235
TP7= @ 0.00002565
TP8= @ 0.00003640
TP9= Free
There is a possibility for the beginning of an uptrend in SCETHTechnical analysis:
. Siacoin/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001680 to 0.00001590). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001680)
Ending of entry zone (0.00001590)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00001880
TP2= @ 0.00002070
TP3= @ 0.00002230
TP4= @ 0.00002370
TP5= @ 0.00002860
TP6= @ 0.00003640
TP7= Free
There is a possibility for the beginning of an uptrend in SCBNBTechnical analysis:
. Siacoin/BinanceCoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000680 to 0.000610). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000680)
Ending of entry zone (0.000610)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000790
TP2= @ 0.000870
TP3= @ 0.001000
TP4= Free
sc coin support level and buy or sell singalssc coin support level
wait sc coin buy 110 and sell 119 to 124 and then sell 124 to 135
A trading opportunity to buy in SCBTCTechnical analysis:
. SIACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 49.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000093 to 0.00000070). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000093)
Ending of entry zone (0.00000070)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000108
TP2= @ 0.00000120
TP3= @ 0.00000143
TP4= @ 0.00000157
TP5= @ 0.00000179
TP6= @ 0.00000207
TP7= @ 0.00000239
TP8= @ 0.00000264
TP9= @ 0.00000319
TP10= @ 0.00000393
TP11= @ 0.00000453
TP12= @ 0.00000745
TP13= Free
A trading opportunity to buy in SCETHTechnical analysis:
. SiaCoin/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000220to 0.0000207). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000220)
Ending of entry zone (0.0000207)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000245
TP2= @ 0.0000271
TP3= @ 0.0000298
TP4= @ 0.0000327
TP5= @ 0.0000350
TP6= @ 0.0000391
TP7= @ 0.0000433
TP8= @ 0.0000492
TP9= @ 0.0000567
TP10= Free
There is a trading opportunity to buy in SCBTCTechnical analysis:
. SIACOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 25.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000120 to 0.00000093). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000120)
Ending of entry zone (0.00000093)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000157
TP2= @ 0.00000179
TP3= @ 0.00000207
TP4= @ 0.00000239
TP5= @ 0.00000264
TP6= @ 0.00000319
TP7= @ 0.00000393
TP8= @ 0.00000453
TP9= @ 0.00000745
TP10= Free
There is possibility for the beginning of uptrend in SCETH Technical analysis:
. Siacoin/Ethereum is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000226 to 0.0000207). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000226)
Ending of entry zone (0.0000207)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000245
TP2= @ 0.0000271
TP3= @ 0.0000298
TP4= @ 0.0000327
TP5= @ 0.0000350
TP6= @ 0.0000391
TP7= @ 0.0000433
TP8= @ 0.0000492
TP9= @ 0.0000567
TP10= Free
There is a trading opportunity to buy in Siacoin Bitcoin ...Technical analysis:
. SIACOIN/BITCOIN is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Trading suggestion:
. The price is in a range bound, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.00000185 to 0.00000157). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000185)
Ending of entry zone (0.00000157)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000239
TP2= @ 0.00000264
TP3= @ 0.00000319
TP4= @ 0.00000393
TP5= @ 0.00000453
TP6= @ 0.00000745
TP7= Free