SIACOIN (SCBTC): ANALYZED [Short term trading ideas R/R 5 to 1]
This is a detailed technical analysis on SiaCoin (SC).
Siacoin is an altcoin with a bright future in the Data and Data Security Industry.
If you want to get to know more about Siacoin check out this post with all the details of SiaCoins tech:
Technical Analysis: Siacoin (SC/BTC)
Top Range and Bottom Range of Siacoin: a 250% move.
In less than a month this coin has moved almost a 400% (up and down).
High volatily means higher risk. Also higher profits.
I will talk about the Sharpe Ratio and how to really measure the investment decision taking into account the excess risk exposure versus the additional profits earned in my upcoming posts
Bigger picture of SiaCoin
Check out key levels and technical patterns
More details of SiaCoin in the 2hr chart
Descending pennants are formed due to lack of consensus in price. Most of the times ends up with a breakout with high volume that determines where the price will be headed next.
More ideas and insights into SiaCoin.
Bullish scenario: Some key targets
Check out the key targets and the concordance with the previously stated key levels
TRADING SIACOIN
Bullish scenario and some trading ideas with different potential outcomes
Nice analysis on this and STEEM, looks like you definitely know what you're doing.
Would be very curious to see what you saw in the charts for PINK/BTC or PINK/USD. I'll follow up this comment with a $1 SBD transfer as a tip, assuming you'll probably oblige. No harm done if not.
Here's mine
You got a 6.43% upvote from @redlambo courtesy of @luiggih! Make sure to use tag #redlambo to be considered for the curation post!
You got a 25.00% upvote from @stef courtesy of @luiggih!
You got a 1.19% upvote from @oceanwhale With 35+ Bonus Upvotes courtesy of @luiggih! Delegate us Steem Power & get 100%daily rewards Payout! 20 SP, 50, 75, 100, 150, 200, 300, 500,1000 or Fill in any amount of SP Earn 1.25 SBD Per 1000 SP | Discord server
i thing sia going to down trend
.1 https://techcrunch.com/2018/05/01/google-launches-cloud-composer-a-new-workflow-automation-tool-for-developers/
2 AWS Free Tier includes 5GB storage, 20,000 Get Requests, and 2,000 Put Requests with Amazon S3.
View AWS Free Tier Details »
I'm in on SC - hoping for the best! Thanks for the share