patternrcg

patternrcg

As previous charts would indicate, I have been following this project closely for over a year. The major pullback that happened last year after a date on an exchange listing was missed for Coin Hours ( SCH ) that are generated when you hold SKY in official wallets. Eventually, the project is working to allow this asset to be the payment system to purchase...

patternrcg

This is an interesting project, I have been starting to track it more closely. This is an active project & there are terabytes of data stored on the distributed storage system they have designed. Cloud technology is a hot topic right now. ref: siastats.info Analysis: There is a lot of people talking about a BTC pullback. If that happens and this holds...

patternrcg

Seems like a good time to put out an updated Skycoin chart. Over the last few months, the project fell into the sub-.5 trading range. Interestingly, trading volume was fairly low in this range. The volume didn't pick up until it returns to the .5 range, which can be seen on the right side of this chart as well as represented by the red line - this charts volume...

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Skycoin is consistently ranked as one of the most actively developed projects. After a few rough months, it seems that a new trend is trying to start. As BTC dominance fell from the 72-35 range back into the high 60s, Skycoin price seems to have stabilized in an accumulation zone. Since there was a lot of mention of development, I setup github & started watching...

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Recently Skycoin has been trading stronger against BTC. This chart shows the recent change in momentum. It is compared against BTC price to show how the only major pullbacks recently correlate to market related events. Anytime BTC wasn’t selling off, Sky was showing bullish momentum...

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The last few months have been a bumpy road for skycoin investors as the price eroded steadily after an attack on their domain and trouble with the control over primary social media accounts. They have migrated to a new domain and as well, regained control over the Twitter and relevant platforms. During this time the project had several notable upgrades to the...

patternrcg

Hovering around the 10k mark again. The longer range moving averages ( 144, 233 ) show good potential pullback ranges. Holding support in the 7.5k-8k range would still indicate strong bullish momentum. There is a volume control point at 8k range to watch there. A move up could break the pullback trend from recent high and test the ATH resistance line.

patternrcg

Such support. Many pumps. These two coins form quite an interesting historical relationship. Low levels of support and resistance charted. Going to be keeping an eye on this one.

patternrcg

BTC is pushing up towards the 12k mark again. A pullback to 10k from that range would keep it inside the trend line structure. A move above 12k would change the structure of the trend line resistance and indicate that it may be trying to breakout of the downward channel that has started to form over the last month.

patternrcg

This chart looks back at the last bull run in the price of Silver. There has been a recent spike of volatility in what has been a range bound market the last few years. Historic support at $15 had launched several bull runs which are marked on the chart. Next significant resistance is around $20-21. The SPX is shown as a reference to see how it has performed...

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Skycoin has been releasing a lot of content lately. It has also shown up as one of the most active blockchain projects on github. This week you will see a lot of the focus shifting to the July 28 IEO listing of Coin Hours (CH). The bigger story is that CH are getting ready to be traded to establish a value. When mainnet is deployed, the roadmap indicates the...

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BTC just broke through trendline and linear resistance. Next resistance is at 12.2 and 12.4. Have alerts set at support lines. Been an exciting few weeks. Are the bulls back?

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Sky has been trading near and has broken into the $2 range several times recently. There is a critical point of resistance between $2 and 2.25 and again around 3-3.14. There is an announcement scheduled for the end of June that I am hoping helps it break through one or both of these points of resistance. Also charted is the BTC price, which as many coins have...

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The 4 hour chart is starting to look interesting. Trend appears to be wedging into a flag / ascending wedge depending on the lines. The VWMA lines are thicker. When they are above the SMA line, that is a signal there has been solid volume above the current average - watching this in the red ribbon, you can really see how long it took to shake off the last selloff....

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Snap is pushing up near the 11.50 resistance level. Has hit this range several times recently building momentum for another potential breakout. In the 12-13 range, there has been no recent volume. There was also a gap down in May that could be filled. Next upward resistance around 13.

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This recent surge in price has just decreased the timeline for the SMA 50 200 Golden Cross to form on many crypto charts. A conservative estimate puts the SMA to cross at the latest around April 11th. Note the Volume Weighted Averages moving up fast and in a similar fashion to the beginning of the 2017 bull run. The VWMA cross may happen in the next 24 hours at this pace.

patternrcg

While the current trend may be overextended, a Golden Cross of the 50 : 200 MA forming on the Bitcoin charts. Notable because for over a year, it has been generally trading below the 200 MA. These averages don't guarantee price movement, but for the first time in a long time, these averages are moving in a pattern that is favorable to sustain an uptrend. This...

patternrcg

What a fascinating ticker to watch. Forget about what the analysts or ER reports say, people just seem crazy for this stock. Missed the dip buy this AM / no current position. Watching for return to red zone for buys if there is a double bottom.