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.
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We are currently at 5430 satoshi which is the breakout point ! Backtesting resitance. Above 6000 satoshi there will be blue SKY ...
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Still on the launch ramp ! But holding up well ! V - O - L - U - M - E - !!!
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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...
Huge volumes tho, looks like some pockets are refilling hard