Skycoin here is looking like it has bottomed, coasting around 250 sats
Red line is support, blue lines are levels of resistance and targets, respectively market with the potential % profit of +30% and +150% (roughly) in those boxes
Binance has had some altcoins begin to have some very positive traction, Skycoin is one that has not fully taken off yet in any...
SKY-COIN LONG TRADE
There are two different trades that can be done here -Short Term and Mid Term.
The Chart is self explanatory I think.
Accumulation zone is mentioned along with Stop Loss and TP Price Points.
Buy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line (I don't recommend to sell in loss.)
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell when you get some profit. Good Luck!
Looks Good? Leave a like, share and tell me in comments if my trading advices are working for...
DESIRABLE OUTCOME FORESHADOWING , CUT SCENE , SWEEPING VISTA OF A PANORAMA OF A FUTURISTIC CITY... , PAN UP , SKY COIN LASER ETCHED INTO THE CLOUDS ABOVE THE CITY... IF YOUR QUIET YOU CAN HEAR THE PEOPLE CHANT... SKYCOIN. SKYCOIN. SKYCOIN.
PINK FLOYD " MONEY " PLAYING IN THE BACK GROUND
YOU LOOK OUT THE WINDOW OF YOUR HELICOPTER AND FLY AWAY...
Touched the good support zone into the falling wedge. Short-term moving downward near the support zone & resistance line and then go up by realization of the reversal pattern. Also have bullish divetgence by indicator.
an attempt at bottoming around these levels. First price target around 800 Sats would be a good profit level, but 1100s could be possible for a swing on continued strength. For a longer-term horizon I would like to see SKY get above 800s and show signs of support at that level - recall the fall from 3000s to 1000s happened very quickly and likely caused a lot of...