Siacoin/BTC, Bittrex = Inexpensive & Promising Data Storage
As the market continues to show signs of bullish behavior, every (or most) crypto asset are showing positive signs of recovery. Today we'll focus on Siacoin (which just happens to be up 12.00%)
For this analysis I've chosen to look at the Elliot Wave structure and count as well as fib levels on current and past rallies. I'm also considering previous resistance and support markers. Where all of these things coincide or correlate, I usually set my own buys/sells.
As always, I recommend for every one to further expand their knowledge and do as much research as possible when investing. These are my own personal opinions and should be considered educational resources rather than financial advice. Good luck out there cryptonauts.
About Siacoin
Sia is reinventing cloud storage. Our technology connects users who need file storage with hosts worldwide offering underutilized hard drive capacity. Our blockchain technology secures their data and enables breakthrough economics for users and hosts.
White Paper: https://sia.tech/sia.pdf
For this analysis I've chosen to look at the Elliot Wave structure and count as well as fib levels on current and past rallies. I'm also considering previous resistance and support markers. Where all of these things coincide or correlate, I usually set my own buys/sells.
As always, I recommend for every one to further expand their knowledge and do as much research as possible when investing. These are my own personal opinions and should be considered educational resources rather than financial advice. Good luck out there cryptonauts.
About Siacoin
Sia is reinventing cloud storage. Our technology connects users who need file storage with hosts worldwide offering underutilized hard drive capacity. Our blockchain technology secures their data and enables breakthrough economics for users and hosts.
White Paper: https://sia.tech/sia.pdf