SUMMARY
Siacoin (SC) had previously corrected thorugh a very long and drawn out a,b,c correction. The right side of the Cup & Handle peaked and correction is now in progress.
The below chart shows that price needs to break out of the chanel. IF the a,b,c correction is complete, then the breach of the upper blue line would allow price to continue and put in the initial impulse that could signal a turn.
The alternate scenario stands if Bitcoin makes a lower low and likely, the whole Cryptosphere will follow this direction. Would it be the end of the world? NO! A buying opportunity! The white wxy for a,b,c is shown with red C wave at the level of the next support.
In not forgetting the Hurry Up & Wait syndrome of Altcoins, the below would allow Siacoin to take all the time it needs to meet and live up to that. IF this is the case, the longer, drawn out correction could test anyone's patience, except those who are already well aware of this scenario. What to do? Cast attractive buy ladders.
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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Good information and interesting, you always do something new and this is very interesting, thank you for sharing for all of us.
Hey ass hole come and suck my hairy balls 🎾
And don’t forget to bring your mama and dada, you all love a good spunk swallow
Poo Poo on you!
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항상 감사합니다 오늘도 행복한 하루되세요
Good
great information thank you for sharing.
sa lingi cacatul
as Always Haejin!!Great Analysis! I Hope my patience will last before my pocket breaks. @haejin Thank you!!
Thanks for the update
Thank you sir Haejin !!
SC will be x5 in 2 months
Muchas gracias por compartir tus análisis
It's probably going to do better once this soft fork drama is over with. You have heard about it, right?
Interesting analysis, it is always nice to hear your opinion, thanks for sharing.
Thank you very much, goods information...
Interesting post.
Why swallow blocks when you need a house?https://steemit.com/money/@otybest/why-swallow-blocks-when-you-need-a-house--deep-secret
Hey, related to recent crypto-trends have a look at this supporting article I wrote, it may bring you some fascinating answers and future hope/strength to HODL: https://steemit.com/cryptocurrency/@pharmacy-jinni/a-retrospective-study-of-cryptomarkets-linked-to-chinese-new-year
Another good analysis for the day 👍🏼
I saw both experts, too. Btw, quality content does not need spam comments.
With Bitmain making ASIC Siacoin Miners, this coin is going to moooooon!!! Load up your bags!!!
I hope so because I’m a long term hodler of SC
Great Post!! I just wrote about what my opinion is on the potential for Steem in 2018. You might enjoy it so if you get the opportunity take a look. Thanks!!
https://steemit.com/cryptocurrency/@cool-mike/my-analysis-for-what-the-potential-is-for-steem-in-2018
Hi @Haejin, My apologies for the irrelevant comment but can you please share your thoughts on the whole market bleeding red, recovering and then bleeding red? I don't understand that how the whole crypto market behave the same when they are independent and decentralized blockchains? Can you please shed some light on reading crypto market as a whole in a separate post?
Thank you.
It’s because the cryptoworld is very new. When BTC goes down, everyone freaks out and wants to pull their money. It definitely is weird but the difference is some coins go down more than other coins.
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STOPAre you really 11 years old? Not even kids would post such nonsense. If you don't like these analysis, you don't have to be here ya know.
I was just thinking about selling SC. I'm up looking through some coins to get rid of. I think with the govt shutdown in the US the crypto market wont be good this week. I only have 3000 of them. Do you think I should hold. Its only $120 worth I have right now.
Sell half and keep half. If it goes down than buy more. If it goes up, you will still have some.
I prefer 💰
haejin i really wonder what kind of drugs are you using? cocaine? heroine? cant you see that long candlestick is worth 1btc and made out of purpose by some idiots to prevent people from analyzing all time graph. it cant be used as a part of cup with handle pattern. siacoin will increase but not because of your stupid analyze is correct. it will increase because of the recent hard fork and the demand on upcoming asics. so when it increases dont come up here and say you were right with your analyze. it will be demand. not your stupid analyze
Sia Coin can definitely hit it big. They have one of the projects that makes complete sense. Decentralized cloud storage is a great idea for so many reasons. If they land some big companies it should take off!