=> Siacoin Analysis

Jan 18
Same chart that i published two days ago, but the bright blue/teal arrows and horizontal line were added just now:

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I updated the other chart with my thoughts on sc's performance over the past two days, and what it means for feb 1st.

for fun, i decided i'd add those bright blue/teal arrows and line to see whether i could predict (somewhat) its price on feb 1st.

if it validates, then we would be on track to see $0.20 sometime in the middle of february, but of course it all depends on the market-trends as a whole.

---------------------| ~1am jan 27 ¦~~~~~~~~~
UPDATE:

Ill update on top of this chart when i have more time tomorrow, but it seems my lower prediction (worst outcome scenario) is being validated over the other two scenarios i had drawn several days ago.

Whats interesting is, although i chose incorrectly to favor the more conservative orange scenario, the actual crests and troughs occured very accurately to those i had predicted... In regards to the timeframe, not price.

This leads me to believe that there is even more validation to my original setup, and come Feb1st we will be seeing a target closer to $0.029 than the desirable $0.29... Though im not confident it will fall that far.

Again, ill update my chart tomorrow (when im not relying on my phone for charting crypto analyses lol)

What do yall think so far? Im still new, and this particular analytical setup was rather, ignorant? I have yet to learn the intricacies and subtleties to technical analysis, so i would actually be very interested in learning whether i had intuitively utilized known techniques (beyond noob/beginner level), or if this hodgeposh of colorful shapes and lines is unique..

Cyall tomorrow!

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