Lots of accumulation has been going on in SkyBtc with series of pattern forming which mostly confirm the Bullish outlook.
I narrow down those pattern on 4 different charts for us to see what the coin entailed clearly.
The patterns are:
1. Inverse Head and Shoulder
2. Falling wedge
3. Bullish Butterfly
4. Big falling wedge formation
I will advice picking some...
SKYBTC has been forming a solid area of support between 0.000250 and 0.000265. We’ve seen a nice bounce from this support zone but expect it to go slightly lower before retracing up the channel. Ladder your buys to get the best entry.
Buy between: 250 - 265
Target 1: 0.000280
Target 2: 0.000298
Target 3: 0.000320
Target 4: 0.000338
Looking at SKY setup its painted plainly Bullish setup with price breakout from falling wedge and re-test with bounce. We have immediate resistance at th end of the downtrend channel which I believe will be break to pave way for huge price movement.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.
Level to watch...
Skycoin (SKYBTC) has broken a major downtrend line that comes down from early October '18.
This break also coincides with a break above EMA50, a resistance that SKYBTC hasn't been able to break in the past after multiple attempts.
We also have a bullish RSI and increasing green trading volume.
If SKYBTC can close above 0.000291 on the daily time frame, it will...
Currently, Skycoin is in the accumulation phase, it has been accumulating for 120 days and this process isn't finished yet. However, the volume is growing and this is one of the signs of the final phase before the markup. The accumulation is a bit tricky - we see a lot of wicks above the resistance, fake breakouts, etc. As an example, on the 28th of February, the...
The SKYBTC has started the formation of another harmonic after completion a gartley pattern and entered in potential reversal zone and ready for bullish divergence insha Allah.
The targets are:
Buy between: 0.000289 to 0.000276
Sell between: 0.000300 to 0.000332
Atif Albar (moon333)
After the surprising BTC pump yesterday, the alts are back now starting to turn green.
SKY has tested a major support of 0.000250-260 for the past few days and it has bounce back up gracefully.
Below are the resistance, and for me it's the profit target:
Best entry: 0.000250-260
Seems like we hit the bottom! SKY is looking very good for near future! now we are in accumulation zone and preparing for big BOOM move. From march volume is rising. Potential targets on the chart, stop if we go below trend line.
$SKY Massive descending triangle on the edge... One of the few "known" coins that didn't catch up with the AltSeason yet...
UCTS buy signal on the 6h
Volume has been increasing over the last days/weeks
MACD & RSI flat for now
The asymmetrical opportunity is huge...
Trade Duration: Medium
Signal Strength: High
Created 6 years ago by original contributors to Bitcoin and Ethereum, Skycoin is a 3rd-generation cryptocurrency platform that anchors a revolutionary blockchain ecosystem. At the core of the Skycoin ecosystem is a novel consensus mechanism called Obelisk,...
Easy Game. Skycoin Lauch Skywire Mainnet. can break up but have to be safe.
All in Graph.
stop under 240ish
if it makes a strong breakup it can reach 500 Sats. (EMA200).
Happy Tr4Ding !
Hello MATRIX world - Lets get right into it!
Skycoin (SKY) is an open-source, community-owned, hardware-based peer-to-peer internet that leverages the incentive structure of the blockchain.
Skycoin’s platform has been billed as 'completely secure, infinitely scalable, and ISP independent' by the project team. Written in Golang and running on the Obelisk...