Dangermousebanana
Long

LAST CALL BEFORE BREAKOUT !!

BINANCE:SKYBTC   Skycoin / Bitcoin
Accumulation period almost finished.
Volume is growing for we almost got to the extreme of the bullish descending wedge .
Breakout of the steep yellow channel was the first step (huge volume confirmation).
Long sideways green wedge pointed to almost 1 year accumulation phase.
Price held up well at around 50 cents for ONE FULL YEAR now !!!
You had a long time to accumulate at these prices; now the train is leaving the station.
Huge long term positive divergence on the RSI (green line below).
This project is BIG ! DECENTRALIZED INTERNET !! It is still under the radar ... but not for long.
Trade active: We are currently at 5430 satoshi which is the breakout point !
Backtesting resitance.
Above 6000 satoshi there will be blue SKY ...
Comment: Still on the launch ramp ! But holding up well !
V - O - L - U - M - E - !!!
Trade active: Today is a special day for SKYCOIN !
HUGE GREEN 40% CANDLE on HUGE VOLUME !!
I think that SkyCoin will start to get some momentum from now...

Comments

Sky is shy :)
Huge volumes tho, looks like some pockets are refilling hard
Reply
Dangermousebanana cryptohoss55
@cryptohoss55, sure ! Volume is there ! A bit frustrating price stuck a 50 cents for a year ! Pacience needed !
Reply
cryptohoss55 Dangermousebanana
+1 Reply
Dangermousebanana cryptohoss55
Things looking constructive !! Thanks cryptohoss55 !!
Reply
Dangermousebanana cryptohoss55
@cryptohoss55 , it’s happening !! Up 50% today on strong volume !!
Reply
cryptohoss55 Dangermousebanana
@Dangermousebanana, yep, I missed it but nice call :)
Reply
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