When will SKY finally wake up ?There has been some big volume coming in lately ! Look at the white rectangular box ! Massive green volume candle !!
There is evidently BIG MONEY interested in this project - even if it seems to be a sleeper !
It has been difficult non to sell a portion of my 3rd biggest holding. I was tempted to allocate funds to some project that made 4 - 5 - 6 - 7 or even 10 x for me !!
However I held strong !
Something in my guts is telling me this one is worth waiting.
RSI is showing some parabolic strenght.
OBV is ticking up - even if the rise is not linear.
BIG BASE - BIG MOVE - have told me those that taught me Technical Analysis.
Keeping a close eye on SkyCoin !
Skycoinbtc
SKY signal by EXCAVOSkycoin
1.RSI look very bullish
2. Good dynamics of growth bids (green) and a decrease in the volume of ascs (red).
vcdepth.io
3. Huge sales by market. And this is what leads? A lot sold on the market at a minimum - let's go up. The offer was thrown into the market, the market was swallowed up, the demand was not falling, respectively, the price was driven higher.
Use stop loss
$SKY SkyCoin: Retrace/recovery in progressSkycoin fell way too low after it's trouble with the theft/kidnapping of CEO drama (will post more on this story if requested, lol), but it appears -- based on action over the past 72 hours -- to be making a corrective move back into normal ranges. I've set this up as a general roadmap/guideline for stair steps, but it will need updating once more data can be added to the model. Will update when significant movement occurs one way or the other, but i expect this to be pushing that next barrier by EOD.