Trade Recommendation : Buy Siacoin

Trade Recommendation : Buy Siacoin

Cryptocurrency
October 8, 2018 by Hitesh Malviya
3567
Buy Siacoin

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.

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:

Chart #1

Chart #2

Chart #3

 

Social Media Sentiments

Social media sentiments says BULLISH.

 

 

 

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

 

 

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