Siacoin (SC) Overview
What Is Siacoin (SC)?
Siacoin (SC) is the native utility token of Sia, a blockchain-based distributed, decentralized cloud storage platform. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space. Agreements and transactions are enforced with smart contracts, and Siacoin is the medium of exchange for paying for storage on the network. The main goal of the project is to become the “backbone storage layer of the internet.”
Sia was originally announced in May 2014 before being revised and re-announced a year later in May 2015. It officially launched in June 2015.
Website: https://sia.tech/
Siacoin (SCBTC) Chart Analysis
In the past two days we have Siacoin (SCBTC), DigiByte (DGBBTC) and Dogecoin (DOGEBTC) all moving higher while Bitcoin is hitting new All-Time Highs.
We are seeing many altcoins drop which is normal when Bitcoin grows, but these three growing can be a good signals for the altcoins.
Both DGB and DOGE tend to move first before the rest of the altcoins market moves.
SC and DGB are also correlated… Let’s look at the chart.
SCBTC Daily (24 hours per candle)
See the MACD (higher lows) while SCBTC was printing lower lows:
These signals are enough for us to open a trade… Let’s get to the numbers.
Siacoin (SCBTC) Trade Numbers by Alan Masters
Buy-in: 0.00000014 – 0.00000016
Next support: 0.00000012
Targets:
1) 0.00000023 |Hit 29-Jan. (+53%)
2) 0.00000032 |Hit 15-Mar. (+113%)
3) 0.00000038 |Hit 16-Mar. (+153%)
4) 0.00000045 |Hit 20-Mar. (+200%)
5) 0.00000067 |Hit 5-Apr. (+347%)
6) 0.00000080 |Hit 17-Apr. (+433%)
7) 0.00000101 |Hit 17-Apr. (+573%)
8) 0.00000135
9) 0.00000155Potential profits: 933%
Stop-loss: Close weekly below 0.00000010.
Capital allocation: <20%.
HAPPY NEW YEAR 2021 & BEYOND!
I am wishing you a very successful and prosperous year 2021.
May this year help you grow, learn, earn, be, understand, relax…
May this year open a path that leads to your Soul’s true goals and purposes.
May all your dream come true.
Thanks a lot for your support.
Namaste.
Siacoin | SCBTC
BUY: 0.00000018 – 0.00000020
NEXT SUPPORT: 0.00000016
TARGET:
1) 0.00000023 |Hit 26-Apr. (+15%)
2) 0.00000026 |Hit 30-Apr. (+30%)
3) 0.00000031 |Hit 3-June (+55%)
4) 0.00000035 |Hit 14-June (+75%)
5) 0.00000039 |Hit 15-June (+95%)
6) 0.00000046 |Hit 17-June (+130%)
7) 0.00000052
8) 0.00000063
9) 0.00000073
10) 0.00000094
11) 0.00000106PROFITS POTENTIAL: 430%
(Price at writing 0.00000020)STOP: Close weekly below 0.00000014.
CHART:
Enjoy the trade.
Namaste.
Trade: Siacoin [SCBTC]
BUY: 17-19
NEXT SUPPORT: 16
TARGET:
(1) 22 |Hit 3-Feb. (+22%)
(2) 25 |Hit 4-Feb. (+39%)
(3) 27 |Hit 13-Feb. (+50%)
(4) 30 |Hit 14-Feb. (+66%)
(5) 34 |Hit 14-Feb. (+88%)
(6) 38 |Hit 15-Feb. (+111%)
(7) 45 |Hit June
(8) 50
(9) 63
(10) 71PROFITS POTENTIAL: 294%
(Price at writing 18)STOP: Close weekly below 15.
Chart:
Enjoy the trade.
Namaste.
Trade: Siacoin [SCBTC]
BUY: 27-29
NEXT SUPPORT: 24-25
TARGET:
(1) 31
(2) 35
(3) 38
(4) 41
(5) 45
(6) 47
(7) 51
(8) 57
(9) 67
(10) 82
(11) 92
(12) 104
(13) 123
(14) 137
(15) 153
(16) 203
(17) 233PROFITS POTENTIAL: 732%
(Buy calculated at 28)STOP: Close weekly below 22.
Chart:
Source: https://www.tradingview.com/x/gnY0ajLY/
Enjoy the trade.
Namaste.
Trade: Siacoin [SCBTC]
BUY: 36-40
(15-May)
(1) 48-54TARGET:
(1) 57
(2) 62
(3) 67
(4) 72
(5) 78
(6) 87STOP: Close weekly below 40.
Note: Trade active. Stop-loss never hit. Buy-in updated to reflect today’s chart.
Chart:
Source: https://www.tradingview.com/x/V5EnzCad/
Enjoy the trade.
Namaste.
Siacoin (SC) is one of the oldest altcoins in the market and one that has giving us good money many times in the past. After months of market wide bear action, we are moving into a new wave. A wave up that can easily push Siacoin into 4x up or more. Let’s take a look at some of the signals, quickly and move on to a trade.
Charts, signals and indicators
Let’s take a look at the daily chart:
Trade instructions for Alan Masters Trades PREMIUM supporters
Buy in: 92-100
Targets for Alan Masters Trades PREMIUM
(1) 130
(2) 175
(3) 200
(4) 255
(5) 304
(6) 352
(7) 410
Stop loss: Close below 82 on the weekly time frame.
THE GOOD MORNING WIND
Nature calls me for a walk. I am happy to apply.
There are trees everywhere, you can see all the birds fly.
I enjoy the the view of the sky…
The river communicates with us in many different ways.
The good morning wind…
It inspires me everyday!
Namaste.