Skycoin (SKYBTC) reached its all-time high almost a year ago back in June 2018. After this high was reached there hasn't been any significant bullish action but the classic 50% correction waves.
Now Skycoin (SKYBTC) has marked a double bottom and has the potential for massive gains in the weeks to come.
In late February SKYBTC hit an all-time low at 241 satoshis, this same low was hit today. After some additional consolidation, we can expect a strong move from this altcoin pretty soon.
Of course, our all-time low needs to hold for the 1180%+ profits potential to be able to play out. A close below 241 satoshis can send SKYBTC lower, any trading above it and we remain bullish.
Where do you think Skycoin is headed next? Share your thoughts in the comments section below.
If you want to see a full trade for this altcoin, feel free to hit like to show your support. If enough people hit like I will know there is enough interest and share a full trade for SKYBTC with massive profits potential.
Thanks a lot for reading and your continued support.
This is Alan Masters.
Namaste.
Comment
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THERE IS NO LIMIT
The sky isn’t the limit.
There is no limit.
You can go as far as you want.
You can experience as much as you want.
You can live for as long as you want.
Your mind is the only limit.
You are your own limit.
There is no limit.
You can accomplish anything, and everything, that you want in this lifetime… 100% certain.
It has a great potential and a great risk reward ratio! I have bought some just because it hit the all time low again. Let's see how it will play! Thanks for sharing this great analysis!
Have a great time Alan!
AlanSantana
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@trade-crypto4ever, It is my pleasure. Thanks for taking the time to comment.
Wishing you a great time for you as well.
Namaste.
UnknownUnicorn4418048
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Trade closed, I guess.
AlanSantana
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@CryptoForevis, I am using a weekly close here. We will see how that goes.
UnknownUnicorn4418048
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@alanmasters, alright. Thanks!
AlanSantana
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@CryptoForevis, We closed above stop-loss, so our trade is good and remains active.
I updated the numbers though just in case, I am guessing you have access to one of our paid channels.
Have a great time Alan!