SIA Coin (SC): Something BIG is Gonna Happen to Sia Coin! What? Check out this analysis!
SUMMARY
Sia Coin (SC) has been taking a beating! It's a,b,c correction has been going on since June and has been unrelenting. The red c wave has also been taking full advantage of just grinding and churning through the incremental lower lows. But, step back and take a look at the pattern. If you viewed my last nights evening update on Bitcoin, then this is yet another case of uniform sentiment driving higher the similarity index of chart patterns. Look again at the symmetrical triangle lines. Something BIG is about to happen. This Altcoin is gonna BLOW! Whic way? I've laid out the Elliott Waves in blue.
Now take a look at the SC/BTC chart. No, it's certainly not identical to the SC/USD pattern. But the similarity is uncanny! Sentiment is certainly alient across difference price pairs. Now look at the symmetrical triangle pattern. Look how the sub waves of the red c wave counts to five. What happens after a five wave impulse? That's right, a trend reversal! So, even with SC/BTC...pattern and Elliott Waves indicate something BIG is approaching and that to me is a BIG price blowing upwards!!
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LefeWrQXumis3MzrsvxHWzpNBAAFDQbB66
Legal Mumbo Jumbo: 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.**
I’ve been interested in SIA for a while now but not yet taken the plunge. It’s one of the few Alts with a decent use case beyond speculation. Now sounds like a good time to jump in. (I mean ladder in)!
Ladder is power!!!
Nice report,
Thanks! One of these days could you have a look to SONM?
Much appreciated!
Good read. Thanks for the informations.
to the moon!! I still believe in it. it has such a nice symbol too :P
I like this
You are a master @haejin, thanks for sharing your knowledge here.
Cheers
let's hope it blow then!
I'd some SIA mined already.. : )
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I took a position in Sia when it was very cheap about a year ago. I've seen a very nice return on original investment, but its looking a lot less rosy than it did in those summer peaks! Still the fundamentals are strong with this coin, and 2018 should be a big year.
Your wealth should grow MASSIVELY!