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SKYBTC

SKY Setup (SKYBTC)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 .000175. If we fail to breach .000135, I would look for an entry in the .000116~122 support area. Decent increase in volume over the past few days so we could see some action soon.
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by TraderoftheCorn
Skycoin Breaking Out Of Falling Wegde (Targets w/ Over 100% PProSkycoin 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. Bullish MACD crossover. Most altcoins have gone through a phase of consolidation and some are starting to break out... The altcoins market is starting to heat up. Our targets are marked on the chart with magenta dashed lines. The bottom brown dashed line is our stop-loss... We use "manual stop-loss" to protect our capital. Here is an article with additional information on how a manual stop loss works: Feel free to leave a comment if you have any questions regarding this or any other of our charts. Your support is truly appreciated. This is Alan Masters. Namaste. P.S. THIS IS NOT FINANCIAL ADVICE.
SLong
by AlanSantana
5
#SKY : Upto 70% Profits Opportunity For The Mid Term.#Accumulation_Recomendation 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 formation and is trying to confirm the upward bull run by breaking out the falling wedge. If the current candle stick could manage to close above the formed resistance line by the falling wedge triangle trade will be activated and confirmed for at least a short term profits. Volume looking fairly good for now and a little bit boost on it will be a good energy to confirm a good bounce from here. RSI and MACD are also showing a bullish momentum on favor of the bulls once again. And EMA is also on the way below the candle stick which will be taken us a bullish signal for the short term. Besides this the news announcement to be available tomorrow will have a fundamental impact for a pump which will likely to happen before some hours from the announcement. Since Bitcoin's move is impacting the whole ALTs market we need a really strict trading strategy though. Accumulation Area : 150 sats - 170 sats Distribution Area Short Term: Target 1 : 188 sats Target 2 : 207 sats Target 3 : 227 sats Target 4 : 254 sats Target 5 : 289 sats Stop Loss : Close below 125 sats. Risk : High Capital Accumulation : 3% @TogetherWeAccumulate
SLong
by cryptotalk_et
1
Skycoin approaching critical resistanceSky 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 followed the run up, this one has to a degree but not really found the traction that some of the other projects have. If this coin starts trading stronger against BTC, this one may catch some solid price action and move into the $4-5 range. I found out about this project when I came across a Skyminer in an AirBNB. After doing a fair amount research I began to shift my holdings until Sky is now roughly 1/3 of my crypto portfolio. This month they have been releasing news each week building up to what appears to be an announcement at the end of the month. Ref: twitter.com This project has in the past taken a technology first approach. The good old "build it and they will come strategy". As well, they are more focused on hardware than any crypto project I have come across and implementing a business model similar to Apple or IBM. They have many software in hardware projects in R&D at the same time. For those interested, here is an extensive interview with the Synth, Skycoins lead developer: youtu.be
SLong
by patternrcg
Skycoin Bullish Chart Setup (Projected Path & Target)Skycoin (SKYBTC) is showing a bullish chart by many different targets... Feel free to hit like now and let's get started with this analysis! Skycoin (SKYBTC) Chart Analysis We are looking at an ascending triangle. Trading above EMA50 (0.000216). No bear volume on the trace. Bull volume up. Bullish RSI. MACD moving into the bullish zone. If SKYBTC breaks above the triangle and manages to close above EMA100 (0.000243), you can expect for it to move higher and hit over 300 satoshis. Conditions for change: If SKYBTC moves down and closes below 174 satoshis, then the above signals are invalidated. Enjoyed this post? Feel free to hit like/follow, or leave a comment, to show your support. Thanks a lot for reading. Namaste.
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by AlanSantana