This break also coincides with a break above EMA50, a resistance that SKYBTC hasn't been able to break in the past after multiple attempts.
We also have a and increasing green trading .
If SKYBTC can close above 0.000291 on the daily time frame, it will signify strength and additional action can be expected. All targets and resistance levels are marked on the chart.
Conditions for change: On the other hand, if price breaks down and closes below EMA10, the above signals are invalidated. SKYBTC would need to consolidate further before trying to break and remain above EMA50 once more.
Right now, Skycoin ( SKYBTC ) is looking ... Thanks a lot for the continued support.
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BUY: 0.000245 – 0.000265
(1) 0.000291 -Reached 28-Feb. (+14%)
(2) 0.000322 -Reached 28-Feb. (+26%)
STOP: Close daily candle below 0.000220.