FUNDAMENTALS: SC will be having a hard fork on the 31st of Jan. With this, price will continue going up the closer we get, as it has already.
INDICATIONS:
- On STOCH SC is oversold today. Looks like it is already becoming bullish. - We have a BULLISH PENNANT forming. - SC has been chasing FIBS closely. We are in a good BUY ZONE currently. - Touching support in our Pennant
We have resistance at 50% fib, when breakout, lets see if there is enough momentum. Many indications that this is bullish. Do you agree? Goodluck!
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Breakout confirmed. We had a large candle, but momentum was not there. Price has leveled out as it was before the buy and sell off.
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SC didn't have much movement until the market correction. As with many alts it opened up for a nice little discount. Still big news ahead of SC, keep a close eye on it.
Once sia wallets are fixed on bittrex/polo all the miners who got at 30 sats will sell off immediately, bittrex is set to allow sia deposits/withdrawals in a few days
@suchmeow, There is a potentially a very large amount of SC that would have been sold by now but hasnt due to exchange wallets not accepting deposits (think whales, miners, or early buyers who have a large amount bought @50 sats, so 5000%-1000% profits for them). This along with the huge 200%+ move over the last month, the amount of people that would have wanted to take profits is building up, and will unleash in one wave once wallets are online, leading to massive sell off. How bad or will it recover? Maybe, but still a high chance of Sia crashing down.
eyan72293
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@JesusHentaiChrist, thank you for your insight, anyone reading take all scenarios into account.
bereshit21
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Hard fork estimated day is will be on jan 21
eyan72293
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@bereshit21, I have seen seen several sources stating both dates. If it's 21st, even better. To anyone reading this, keep an eye on it around then and have a plan for either scenario. Thank You for your comment.
bereshit21
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@eyan72293, Maybe it will accumulate first before mooning. Thanks for sharing your ideas.
@bereshit21, it's had great growth. It will continue to go up. Be patient. We have 11 days till the 21st to see what to do. I would keep dollar cost averaging if you didn't get into this coin under 200 SAT. Thanks buddy