SIA COIN (SIA) Update: Chart Pattern & Elliott Wave Analysis...Bullish? Bearish? Check out this blog!
Nice chart! Five prior waves 1,2,3,4,5 are nice in form and fit. The requisite abc (red) should be done. Now, the symmetrical triangle...in a bullish environment, these usually surge upwards as we've seen with XMR and Litecoin.
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
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.
Already in. Didn't sell at the short spike yesterday. After seeing this, I'm thinking of grabbing the profits of my LTC and putting it all on Sia.
Thanks for the good news. Sia is a great coin and a great service :-)
How do you compare sia to storj and maidsafe?
Sia seems to go cheaper but we'll make it up in volume compared to storj. I like Sia little more than Storj. But the real best is MaidSafe. It's practically the new internet. It has been around for pretty much a decade. It serves more areas than just storage. The only negative I see is that Maidsafe is practically too ambitious. It's a lot of work.
The recent price changes does represent what I think about the 3 coins. But there are so many things that could happen in the short term. For the long term I'm betting MaidSafe>>Sia>Storj
Thanks, resteemed!
I would love to see this fly up. Sitting on 5000 of these puppies!
Haejin, why do you chart all altcoins agains USD instead of BTC?
Why do you think that you get better results and more accurate market readings this way?
The final goal is to outperform BTC not USD, because when you outperform BTC you outperform USD as well, while the converse is not true!
Would love to read your reasoning!
Thanks for all the help you give to your followers.
I trade to USD and not BTC. When I sell, it settles in USD. This is why I don't use Poloniex and don't like so much USDT. Kraken has Euro and I prefer USD.
I can post crypto/usd if you'd like, just specify on request. Doing both would double the work and chart labeling.
Thanks
USD isn't going to pop and suddenly be worth half, BTC is. I exchange it back to USD/USDT ASAP
ditto!
BTC and all other cryptos are very volatile. Dash is relatively stable. BTC has the weakest fundamentals of all top cryptos. On the long run BTC will end up under performing USD at current inflation levels.
Hello Haejin,
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Kind regards.
Can you give me your email? I posted my email once and it got flooded with emails. Thanks!
Yes sure, here is my father's email, he is the one who asked me to contact you : [email protected]
Feel free to write to him.
Thank you!