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Siacoin Trading - Time to invest in SC Cryptocurrency? AUG 31/18

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  • Siacoin Trading - Time to invest in SC Cryptocurrency? AUG 31/18



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    SC Trading and Siacoin Cryptocurrency Investing

    August 31 2018

    Trading Siacoin, Siacoin charts,

    Siacoin (SC) explained
    SC price chart

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    in today's video on SIA coin we're going
    to review the long-term historical
    prices and take a look at the price
    charts today at the beginning of
    September 2018 and determine if it might
    be ready for another big bull run up




    SIA coin has made some fantastic
    profits for those who were ready for it
    in the past and it's time to be watching
    this coin again it's sitting right now
    at 86 Satoshi now back historically in
    the beginning of 2017 prices were down
    to about 20 Satoshi they made a very
    long low sideways channel here and then
    like the rest of the coins it started to
    make this bottom formation with some pre
    pump spikes showing up here before the
    huge run from that 20 Satoshi all the
    way up to 700 which is insane profits
    and then it made a big long downtrend
    all the way through 2017 like the rest
    of the crypto is at bottom din November
    and made a deeper bottom a slightly
    deeper bottom here in December of 2017
    and following what many of the other
    crypto currencies did after the low in
    December there was a pretty strong bull
    run up and this was more significant
    than most going from 50 odd Satoshi to a
    400 450 Satoshi which is a very big
    run-up ten times in value before making
    that top formation coming all the way
    down into March it made another one two
    three bottom formation and I recall
    watching on Twitter as people were
    calling this formation and it made
    another significant run-up from 200
    Satoshi to 340 so and that's a nice
    profit there as most of the other
    kryptos it petered out at the beginning
    of May and went on a downtrend all the
    way through now until August and
    September of 2018
    zooming into the 12-hour bars we can see
    it made a low on the 13th of August
    really significant because so did many
    of the other alt coins and it's making a
    potential one two three bottom formation
    now we have a triangle formation at the
    end of this downtrend
    so if I was to take a trendline from the
    top of these moves all the way along it
    hasn't quite broken that trendline yet
    so it's really building up to a
    potential for a turnaround and we saw
    that potential for a turnaround here in
    July and prices fade it off so there's
    no guarantee that prices are going up
    from here it's been lower than this
    before it's not right at historical lows
    but it's close enough that it's really
    looking good now if i zoom in to the one
    month view we can see that this moving
    average has crossed over It's Made at
    one to three bottom formation and the
    moving averages have crossed over so the
    earliest indicators are starting to
    shape up and I'm going to be watching
    this market for sure it's really got
    some fantastic potential to go from
    these mid-80s atashi levels to much
    higher


    ------------------------

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    Live price charts for SC Siacoin - default view 1 day bars
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