Prothius187

Prothius187 Updated 

SC has built a new base price of 26-27 sats and is preparing for the next legs up. 2 target points are from the last supports of approximately 40 and 66. The current base looks like a BUEC high-percentage long play. Current important news around SC: 1. Currently Sia is doing its 3rd hackathon, which has brought tons of new developers into their ecosystem. 2. ...

Prothius187

Siacoin has been accumulating for 8 months with stronger volumes recently increasing support levels due to the release of its skynet protocol which allows Sia to become the same as a CDN service. This means that Sia is now capable of going after centralized services such as youtube, facebook, twitter, etc. There is growing interest as seen in their discord of...

Prothius187

volume and price volatility continue to drop and compress in this region of the small remaining part of its consolidation triangle. BTC is gearing up something big as the average volume has dropped off. There's going to be a big move at some point as we near the end of the triangle. If you take the surge on Oct 15th as a warning shot for which direction it's...

Prothius187 Updated 

The crypto markets have hit a bottom. SC -1.36% is looking particularly well considering my previous analysis on it. I'm still long Sia through 2019 as all the factors in my previous analysis are beginning to positively impact price. Sc -1.36% has been creating a bottom for 3 months now and the trend continues to rise. Now is a good time for entry if you're not in...

Prothius187

The crypto markets have hit a bottom. SC is looking particularly well considering my previous analysis on it. I'm still long Sia through 2019 as all the factors in my previous analysis are beginning to positively impact price. Sc has been creating a bottom for 3 months now and the trend continues to rise. Now is a good time for entry if you're not in this...

Prothius187 Updated 

There will be an SC fork on July 1st with a 1:1 airdrop to a new coin called hyperspace, which will be taking the SC chain and refocusing towards a new type of storage need. If you want to know more, you can go to the hyperspace discord at discord.gg Currently SC has been impacted by the drop in BTC, but this week saw 3 big events for SC. OKex added SC trading...

Prothius187 Updated 

Siacoin broke again and the surge was quite impressive. The drive was led out of Korea on the Upbit exchange with around $50M in volume driving us right past the monthly pivot. We hit TP1 and retraced to the .618 fib and has been holding steady. I expect some consolidation here as we prepare for another leg up towards TP2 at 550-600 sats. The news out today...

Prothius187 Updated 

SC as I've been monitoring has been building a base at 150-160 for weeks and is now rising with the broader market. SC has an advantage that it's lost 88%, and is currently heavily oversold. SC will provide great profits as it returns to its old ATH somtime in Q3/Q4. Now is the time to enter this trade if you haven't as SC is still working through resistance...

Prothius187

After the last surge in SC it has fallen and been building a base around 150-160. There has been recent volume to suggest accumulation. The first price target is 400 sat then 600 sat, and then the ATH+. I reiterate my position in SC is long term and I see us crossing the ATH by the end of Q2 or Q3 of 2018. I currently still hold a large position from 54 sat. ...

Prothius187 Updated 

We're starting to see consolidation waves in bitcoin price, but we need to see if the $8K range can hold or not. There is risk here in that if $8K support is broken, the next support is closer to $4K. If you're holding, then watch the next few weeks to see how things develop. If you're not in the trade yet, then wait to see if BTC continues to support itself...

Prothius187 Updated 

Well we've finally gotten an inflection point and we are seeing what looks like consolidation at the bottom. Bittrex looks better than Poloniex, but both are showing the same signs of reversal. We must see a break above resistance at 70-75 to get our first true reversal signal. I am already long SC and waiting for the return of the alt bull run. As you can see...

Prothius187 Updated 

A BTC correction has been expected for some weeks. If this is it, then we may have a period of price dropping for BTC until we can reach one of the fib retracement levels. It is entirely possible that this correction may go deeper, as the last correction didn't go as deep as I thought it might need to. I feel it's more likely that we will hit the .618 fib and...

Prothius187 Updated 

We finally have a new price trend showing after the break of the last trend line. We have stabilized in the 160-170 sat range and have steadily held this against strength held in bitcoin. The third touch of the trendline gives us moderate confidence in this trend and it still needs to be watched, especially if bitcoin surges again. If the price holds against...

Prothius187 Updated 

I watched Siacoin this evening during the BTC pump, and it impressively held its ground with very strong support underneath. A trend is beginning to show, and it looks like Siacoin will be ready for its rise back up, especially given its new integration with Minio, which gives them Amazon S3 compatibility. This is just one more step towards real world use and...

Prothius187 Updated 

For those that don't realize it. There will be no changes to the BTC network, but BCH will be taking a snapshot (a copy) of the Bitcoin chain on Aug 1st and starting a new alt-coin by adding hash power. That's it. No magic here. Lots of alt coins have started this way, and they're attempting to gain network effects by giving everyone who has BTC, the same...

Prothius187 Updated 

DASH has continued to be resilient through the recent broader crypto market downturn. As analyzed previously, DASH has hit $200 several times and tried to push through but was unable, so a pullback to recharge was necessary. We may attempt another push through $200 within the next few days. Each of the DASH pullbacks was met with strong buying sentiment, so I...

Prothius187

DASH is still doing very well. It is headed for a retest of $200. It may need to hit it a few times as resistance has built up and needs to be broken down. Position and patience is the game here. After it breaks the major resistance at $200, we should see a fast rise to $230. If the move builds strength, we could easily top $250. We are still about halfway...

Prothius187 Updated 

With LBC open beta next week, it's getting attention as it begins it standard crypto upcycle from its bottom. Like other cryptos that have gone through the exact same cycle, LBC hit its bottom and as the technology is maturing it is beginning to start its long term uptrend. Expect the price to double in the next 1-2 months with price continuing to accelerate...