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Coin Information
Market Cap: 275.6 M$
Markets: Binance, Bittrex, Upbit and 18 More.
All Time Low in 2018: 0.00000068 BTC
All Time High in 2018: 0.00000559 BTC
All Time High: 0.00000844 BTC
7 Days Trading Range: 0.00000098 BTC – 0.00000126 BTC
30 Days Trading Range: 0.00000082 BTC – 0.00000126 BTC
Accumulation Range and period: 0.00000100 BTC – 0.00000110 BTC (Continuous Accumulation after Hard fork announcement on 1st October)
Catalyst for Growth
HARD FORK
It has always been popular catalyst for growth for alt-coins since quite a long time. Siacoin Looks prime at current trading range to go long to acquire above 50% profits.
Siacoin Hard fork Announcement
Technical Analysis
SC/BTC is completing an inverse Head & Shoulder Pattern, we could see price pumping above 0.00000150 after completation of the pattern. RSI is oversold on Daily basis.
You can check out these charts for more references:
Social Media Sentiments
Social media sentiments says BULLISH.
https://twitter.com/uxagoqat/status/1049222108524425217
$SC/BTC bulls flag ╮(′～‵〞)╭#Siacoin pic.twitter.com/Dd3eZ209Sz
— 【Gang_Haw】 (@GaNghawX) October 7, 2018
$SC
157 seems like reasonable weekly target for SC pic.twitter.com/2q1tZCXWis— Edward Morra (@edwardmorra_btc) October 3, 2018
Trade Signal
Pair: SC/BTC
Exchange: Binance
Entry: 0.00000105 – 0.00000115 BTC
Exit: 0.00000136 – 0.00000176 – 0.00000200 BTC
Stop: 0.00000096 BTC
Time: 3 weeks
Hitesh Malviya is the Founder of ItsBlockchain. He is one of the most early adopters of blockchain & cryptocurrency enthusiast in India. After being into space for a few years, he started IBC in 2016 to help other early adopters learn about the technology.
Before IBC, Hitesh has founded 4 companies in the cyber security & IT space.
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