low capitalization coin, traded on binance, hasn't pumped yet.
We drew a triangle from which a false breakout was made, after which the price rolled back to the trend. It is quite possible that the price will be lowered into the support zone 45, the local support is also the trade in the zone 52-55, the fixation above which can be considered as a good...
-Cross Ultimate indicator flashes Buy signal priority last July 10
-the price has increased over 80% returns
-there are two best entries highlighted on the chart
-assuming this is the temporary top price today
-immediate areas to watch is between 0.236-0.382 fib support
-wait for the price to consolidate and give bullish sign reversal
-please do not enter blindly
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please...
Descending triangle breaking to the upside on BINANCE:SKYBTC , looks like just the perfect time to buy in, although things could switch to the wrong side, luckily stop can be placed really close by.
Target 1: 0.00005897
Target 2: 0.00006217
CryptoCue is not providing investment advice and is not taking subscribers’ personal...
BINANCE:SKYBTC finally broke out above the infamous ~60k resistance that had been holding it down for way too long, and that came together with a Kumo breakout of the cloud, expecting a lot out of this one.
Target 1: 0.00007728
Target 2: 0.00008539
CryptoCue is not providing investment advice and is not taking subscribers’...
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...