SIACOIN - SC/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	SCUSD
ISIN:

SIACOIN - SC/USD - Daily - Technical analysis published on 03/06/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Neutral

De fond: Bullish

Technical indicators

17%

22%

61%

My opinion

Bullish above 0.010200 USD

My targets

0.011462 USD (+9.27%)

0.013660 USD (+30.22%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.010200 USD remains possible. It is advisable to trade SIACOIN - SC/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.010200 USD. The next bullish objective for buyers is set at 0.011462 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.013660 USD. PS: if there is a bearish break in the support located at 0.010200 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

2.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SIACOIN - SC/USD rating is 0.010490 USD. The price is lower by -2.45% since the last closing and was traded between 0.009899 USD and 0.011212 USD over the period. The price is currently at +5.97% from its lowest and -6.44% from its highest.

0.009899

0.011212

0.010490

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of SIACOIN - SC/USD in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 3 are bullish, 11 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Horizontal support is broken

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	0.003649	0.004822	0.010200	0.010490	0.011462	0.013660
Change (%)	-65.21%	-54.03%	-2.76%	-	+9.27%	+30.22%
Change	-0.006841	-0.005668	-0.000290	-	+0.000972	+0.003170
Level	Major	Major	Major	-	Intermediate	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.008890	0.009312	0.010033	0.010455	0.011176	0.011598	0.012319
Camarilla	0.010439	0.010543	0.010648	0.010753	0.010858	0.010963	0.011067
Woodie	0.009039	0.009387	0.010182	0.010530	0.011325	0.011673	0.012468
Fibonacci	0.009312	0.009749	0.010019	0.010455	0.010892	0.011162	0.011598

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.002696	0.005734	0.007901	0.010939	0.013106	0.016144	0.018311
Camarilla	0.008636	0.009113	0.009590	0.010067	0.010544	0.011021	0.011498
Woodie	0.002260	0.005516	0.007465	0.010721	0.012670	0.015926	0.017875
Fibonacci	0.005734	0.007723	0.008951	0.010939	0.012928	0.014156	0.016144

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.002901	0.001779	0.005639	0.010319	0.014179	0.018859	0.022719
Camarilla	0.007150	0.007932	0.008715	0.009498	0.010281	0.011064	0.011847
Woodie	-0.003312	0.001574	0.005228	0.010114	0.013768	0.018654	0.022308
Fibonacci	0.001779	0.005042	0.007057	0.010319	0.013582	0.015597	0.018859

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	47.37
MACD (12,26,9):	0.0001
Directional Movement:	1.681281
AROON (14):	-57.142857
DEMA (21):	0.011065
Parabolic SAR (0,02-0,02-0,2):	0.012158
Elder Ray (13):	-0.000060
Super Trend (3,10):	0.007551
Zig ZAG (10):	0.010439
VORTEX (21):	0.9426
Stochastique (14,3,5):	33.08
TEMA (21):	0.010295
Williams %R (14):	-65.37
Chande Momentum Oscillator (20):	-0.001985
Repulse (5,40,3):	1.5302
ROCnROLL:	-1
TRIX (15,9):	0.7140
Courbe Coppock:	35.74

MA7:	0.010287
MA20:	0.011229
MA50:	0.008947
MA100:	0.006327
MAexp7:	0.010468
MAexp20:	0.010548
MAexp50:	0.009206
MAexp100:	0.007344
Price / MA7:	+1.97%
Price / MA20:	-6.58%
Price / MA50:	+17.25%
Price / MA100:	+65.80%
Price / MAexp7:	+0.21%
Price / MAexp20:	-0.55%
Price / MAexp50:	+13.95%
Price / MAexp100:	+42.84%

Quotes : 2021-03-06 16:36:29 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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