I am long on
SKYCOINB as it bounbced over the .618 after a well done retracement, seeing some accumulation and confluence at this level, this is one of the top coins I'm watching, great fundamental and looking great in the daily chart and weekly as well .
if it goes down below trend line or if it doesnt complete breakout of thelocal and global trendline it will...
As you see Loom has a strong move to the upside , following the mainnet and staking protocol in place. but it seems that it might be running out of steem for now. it looks like its forming a head and shoulder that will continue to the down side for a retracement.
i'm in a position right now but looking for a good exit in the next few hours. THIS NOT FINANCIAL ADVICE
Enter on 2 at the end of the pull back for a ride of the 3 impulse of this elliot weave up to the upper level of the fib - i see consolidation of the first impulse getting ready to move up to the fib levels accordingly.