It seems to be going under a trend change (from bearish to bullish) and looks ready to test resistances.
This is the trade that i took. Decent correction phase occur almost 300 days. Now it should push higher targets. Follow for more.
accumulating zone under 5000 Basic target 50% profits
Backtest of (former resistance) support line has been completed successfully several times. Volume coming in confirming the breakout. On a day of red in crypto land SKY is in the green and could soon spike for blue skies ... Let's follow this one closely !! (... it's the second largest position in my portfolio) it's my wild card !!
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...
Hi there. Price is forming a possible continuation pattern to the upside. On lower time frame price has formed a reversal pattern at the bottom of the continuation pattern to change its direction. Watch strong price action at the current price for buy.
BINANCE:SKYBTC looking like a really strong bounce is coming soon, multiple bullish divergences, holding on a really strong support. Entry: 0.0000455 Target 1: 0.00005149 Target 2: 0.00005693 SL: 0.00004339 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments....
- ascending triangle has been good resistance so far - I expect to be broken after 5th try -ADX is 51 which shows strong trend started -Macd shows bullish - in case of break out the $0.503 we can open long position - SKYUSD is Above 50 ma ,100 ma - Ema 200 is the first target to reach Please read this first ! This post does not provide financial advice. It...
BINANCE:SKYBTC looking like a beauty, closing above resistance and retesting MA200, looking for a retest of the previous highs. Entry: 0.0000577 Target 1: 0.000061 Target 2: 0.00006395 Target 3: 0.00006634 SL: 0.00005589 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing...
SKY volume is looking interesting. Super beaten shitcoin and no significant price advance yet. RR here look insane. Stop is decently far so risking 2-3% is probably nice play.
This breakout was for real ! SKY painted one of the most beautiful bull flags on the crypto sphere ! Strong parabolic bullish uptrend ! Buyers showing up and anxious to get in !!
We have more volume coming in now to challenge and conquer EMA50... This signals that Skycoin (SKYBTC) is definitely moving up and changing trends or else there wouldn't be this second strong attempt to conquer this resistance level. The green arrow on the chart says it all for me... This is the path, we will see altcoins growing before the halving while Bitcoin...
Parabolic advance of price in a bull flag right above the broken downside channel !! On volume balance chart skyrocketing !! Everything looks bullish on this chart ! SKY is one of the most promising projects out there and is totally overlooked !! Not even 10 million Market Cap !! THAT'S A JOKE !! SKY is my 3rd biggest holding after XRP and BSV ! It's my WILDCARD !!!
Everything is coiling up. Price dancing on support line after break out of the channel.... V - O - L - U - M - E - ! - ! - ! FASTEN YOUR SEATBELTS !! This company, funded by early Bitcoin millionnaires, actually valued 8 Million USD ... is worth A LOT more and will soon repriced !!!
hello traders just looked at sky coin for the first time, it appears to be in an accumulation zone. I expect it to pump to monthly resistance in black within the next few weeks. Breaking this level is extremely bullish and should give us a huge pump. A rejection from this will send us to weekly level blue, but that is a buy as this looks like textbook accumulation...
Seems there will be some beautiful action soon. "parabolic" flag above resistance. RSI ticking up.