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Siacoin

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SC - SIACOIN - Peace before disturbanceHello, I am back for another technical analysis on SIACOIN. We recently saw SIACOIN retrace back about 50 - 60 % of it's recent All time high. I see a wonderful opportunity to enter the market right now at those price levels. You have to be greedy when everyone is fearful. It is obvious that the entire market including BITCOIN needed a big breathe before moving towards higher highs. This next month is going to be decisive for SIACOIN and I am quite bullish looking at the chart. We are now finding support at approximately 0.025 euros ( O.03 dollars) levels. If we manage to get this weekly candle to close above this level (support) I will get very bullish for SIACOIN. However, we could see a quick wick to the downside pushing the price as low as 0.018 or 0.019 euros below the support level and then a big push to the upside (The so called sling shot). Be careful if you are trading with high leverage which I wouldn't recommend on SIACOIN because of the extreme volatility. Just Buy the coin and hold it. Also looking at the volume on the weekly chart, it is constantly growing and it is clear that more and more people are trading SIACOIN whether it is for buying or selling. So also quite bullish signals here. For instance, I just looked at the reddit community and there are already 43 - 44 k people that joined the group since it was created. One month ago, we were only 32 k. This is a rough 33 percent increase in only one month. amazing stats. That's it for me. Have a nice Sunday and keep supporting this wonderful project by holding your SIACOIN! Cheers, geo_delmar
HITBTC:SCUSDLong
par geo_delmar
SIACOIN UPDATE - Will it moon ?SIACOIN is about to break the next level finding resistance at approximately 3 cents. The massive incoming volumes indicates a healthy trend and potential institutional buying power entering the Market. We could maybe see a cup and handle forming before breaking the last big resistance to my eyes. We have officially entered the Altcoin season and this could mean more upside moves for this relatively small cap coin. On the fundamental side, Sia Hackathon will Official kickoff will be on April 9th! It will attract developers onto the platform to build decentralised application on Skynet. Moreover Nuvei, an electronic payment processing company based in Montreal, Canada is accepting SIACOIN for payments together with 40 other cryptos. E-commerce merchants can now transact in nearly 40 cryptocurrencies through global payment platform Nuvei. Check out my links below for more precise informations. Bless you all! Links: SIA April hackathon : blog.sia.tech/built-to-explore-the-skynet-spring-2021-hackathon-a0cff382bb0c Nuvei accepting siacoins : cointelegraph.com/news/payments-firm-nuvei-launches-support-for-40-cryptos-including-reddcoin-and-doge
HITBTC:SCUSDLong
par geo_delmar
5
SIA COIN CLEAR POTENTIALThe sleeping giant "SIA Coin" just broke an important 3 years old resistant line on the daily timeframe! SIA is currently trading at 0.012 dollars and saw a huge regain of interest since the official announcement of Siacoin（SC）Network Upgrade & Hard Fork with huge volumes coming into the market and a +300% gain in the last 3 weeks. SC price is expected to surge to new highs. I cannot tell if SIA will reach it's all time high again but the potential is clearly here with good fondamentals behind it at the moment. The price is currently exploding! SIA COIN is the cheapest coins on the crypto market and has a supply similar to that of ripple. Therefore, I really think it is undervalued. Reaching it's former ATH would mean a x 30 gain potential which is amazing! A clear "Buy Signal" for me! let's wait and see. N.b : This is not a financial advice. The Content is for informational purposes only. Best regards!
HITBTC:SCUSDLong
par geo_delmar
1