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Skycoin

SKYCOIN your to good to me :)Skycoin has been delivering the goods to myself and our members for weeks now as it seems to be stuck in this descent ranged channel. Not a whole heap of TA to base our trades off apart from obviously a level of support and resistance that sky is struggling the bust. Its quite simple really we just ladder buys with in the demand range and ladder our sells in the lower supply, but we hold onto a cheeky bag to drop high in case we get another one of those 25% spikes which we got again just the other day :) This is an "at your own risk" type of trade but like i said we have been doing well off this over the past few weeks now with around 30 completed trades ranging from 4-8% and a couple at 25%
by Unity-Trading-Group
SKY/BTC Phoenix to be or not to be? that is the question.Hello Friends, Looking at the 4hr chart we can see a doji forming that at times morphs into a inverted hammer, this is a signal for a move up. The TD count is at a 4 and seems to have support for now. The RSI is oversold but curling upward. Considering the way BTC/ETH and LTC have been behaving, the norm is for cryptos to follow once top coins begin to consolidate. Details are on this chart. This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework. Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment. If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you! CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype. Cheers!
Long
by keifer