SKY forming huge falling wedge and honestly I love to trade this structure and always searching them on market.
I expect with slightly bullish sentiment for shitcoin that SKY will Jump Up very soon....so accumulate and ride the profit
TP 88-94 , 105-110 , 125-130 , 140-150 SATS AND moon
SL can be places bellow the lowest support
1.RSI look very bullish
2. Good dynamics of growth bids (green) and a decrease in the volume of ascs (red).
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,...
- Breakout + Retest Done..
- Awesome Volume
- Bullish TK Cross Expected. (Bullish)
- Buy Some Around 130 - 140 Sats
- Sell Targets 160 - 180 - 200 Sats
- Stop Loss Below 120 Sats
Hit Like On Idea For Support & Follow Me For More Interesting Ideas.
The SKYBTC weekly chart is at the end of a falling wedge with bullish divergence forming on the RSI. Assuming BTC goes 5x to 10X by the middle of next year from current price, we are looking at a $50 to $100 SKY for the same period if it breaks out of the falling wedge and reaches the target at the top of the wedge. That is a 100x increase from it's current...
Quick chart today for SKYBTC, pretty simple setup.
We just broke through hourly downtrend and looking to test first level of resistance at .000135. If we can break above this level I would look for entry after a successful 4 hour close above .000135 and look for a move up to our tested level at .000152. First major target would be the start of this downtrend at...
$SKY / $BTC
Crossing over resistance at ~130sats w good volume
Some events coming over the next days including an IEO on LBank
If there is continuation, next target should be around ~160sats (15%)
UCTS Buy signal on the 6H chart
RSI reaching overbought levels.
Skycoin is now breaking out of a falling wedge, we are looking at the Binance chart for this altcoin pair; SKYBTC.
Let's take a look at the signals first... Thanks a lot for your support.
We have a volume breakout, a huge increase in trading volume the past two days.
Break above resistance (EMA5/10).
Bullish divergence on the MACD and RSI.
$SKY Reached resistance level at ~17k sats with increasing volume..
UCTS Buy signal active on the 6H chart.
Breaking from here could lead to a new leg up to 29k sats (15%)
Make sure to set a proper SL in case that it get rejected from this level
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...