This is a detailed technical analysis on SiaCoin (SC).
Siacoin is an altcoin with a bright future in the Data and Data Security Industry.
If you want to get to know more about Siacoin check out this post with all the details of SiaCoins tech:
Technical Analysis: Siacoin (SC/BTC)
Top Range and Bottom Range of Siacoin: a 250% move.
In less than a month this coin has moved almost a 400% (up and down).
High volatily means higher risk. Also higher profits.
I will talk about the Sharpe Ratio and how to really measure the investment decision taking into account the excess risk exposure versus the additional profits earned in my upcoming posts
Bigger picture of SiaCoin
Check out key levels and technical patterns
More details of SiaCoin in the 2hr chart
Descending pennants are formed due to lack of consensus in price. Most of the times ends up with a breakout with high volume that determines where the price will be headed next.
More ideas and insights into SiaCoin.
Bullish scenario: Some key targets
Check out the key targets and the concordance with the previously stated key levels