Sia is reinventing cloud storage. Our technology connects users who need file storage with hosts worldwide offering underutilized hard drive capacity. Blockchain technology secures their data and enables improved economics for users and hosts. The Sia blockchain allows this marketplace to run without an intermediary. Sia secures storage transactions with smart contracts, creating a more reliable and affordable offering when compared to traditional cloud providers. No one person or organization can censor or deny access to data—not miners, not developers, nor any government.
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
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
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.
$SC/BTC bulls flag ╮(′～‵〞)╭#Siacoin pic.twitter.com/Dd3eZ209Sz
— 【Gang_Haw】 (@GaNghawX) October 7, 2018
157 seems like reasonable weekly target for SC pic.twitter.com/2q1tZCXWis
— Edward Morra (@edwardmorra_btc) October 3, 2018
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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