Skycoin (SKYBTC) is showing a bullish chart by many different targets... Feel free to hit like now and let's get started with this analysis!
Skycoin (SKYBTC) Chart Analysis
We are looking at an ascending triangle.
Trading above EMA50 (0.000216).
No bear volume on the trace. Bull volume up.
MACD moving into the bullish zone.
If SKYBTC breaks...
Pair : #SKY / #BTC
RSI : 44
Note : #SKY seems to be once again in a waking call for a reversal uptrend showing a good candle stick formation and a falling wedge breakout scenario. Most of the trading indications are also showing a very good bullish behavior for the shorter term trading opportunity. Currently trading in a good candle...
After Bitcoin appreciated from $3,200 to $9,000 in two months it has been confirmed the general market sentiment has turned bullish. It is very unlikely Bitcoin will make fresh lows which means we are at the early stages of a bull market.
I am especially interested in Skycoin because of the news that is about to come out in the third quarter. The upside potential...
Skycoin has been releasing a lot of content lately. It has also shown up as one of the most active blockchain projects on github. This week you will see a lot of the focus shifting to the July 28 IEO listing of Coin Hours (CH). The bigger story is that CH are getting ready to be traded to establish a value. When mainnet is deployed, the roadmap indicates the...
Skycoin started a nice uptrend since 15 days ago. A good news is it's not over since today we are experiencing a pullback to the daily red Kumo cloud. I believe there is a good buy opportunity around 245- 260 area , targeting upper lines in the chart.
Hope you're doing well. Sky is experiencing a pullback after a sudden pump. I believe it will calm down near 178 sats (also 165 is possible). After the pullback a new uptrend must start so a huge profit is in here.
See you soon
Sky looking to make its next leg up after a very nice run. Its retraced down to a strong FIB level and has the potential to make a nice bounce to start a Wave 3. Arrows are showing you some potential plays here if it does indeed bounce from this level. Use the FIB levels as targets. Will post some more accurate price movement predictions IF we catch our...
the last chance for this promising coin
161.8% at golden ratio just hit the target of the H&S pattern
is it the time to go up :
possible yes ... lets play it with a tight stop loss below the 207
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...
Seems like we hit the bottom! SKY is looking very good for near future! now we are in accumulation zone and preparing for big BOOM move. From march volume is rising. Potential targets on the chart, stop if we go below trend line.
Currently, Skycoin is in the accumulation phase, it has been accumulating for 120 days and this process isn't finished yet. However, the volume is growing and this is one of the signs of the final phase before the markup. The accumulation is a bit tricky - we see a lot of wicks above the resistance, fake breakouts, etc. As an example, on the 28th of February, the...
$SKY Massive descending triangle on the edge... One of the few "known" coins that didn't catch up with the AltSeason yet...
UCTS buy signal on the 6h
Volume has been increasing over the last days/weeks
MACD & RSI flat for now
The asymmetrical opportunity is huge...