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Skycoin

Skycoin is set to explodeThe SKYBTC weekly chart is at the end of a falling wedge with bullish divergence forming on the RSI. Assuming BTC goes 5x to 10X by the middle of next year from current price, we are looking at a $50 to $100 SKY for the same period if it breaks out of the falling wedge and reaches the target at the top of the wedge. That is a 100x increase from it's current price. Given that Skycoin has extremely strong fundamentals, including Skywire and Obelisk expected to be live by the end of 2019 and early 2020 respectively, this seems very likely.
SLong
by Flanker66
1
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 - Lots of new coming up in Q3After Bitcoin appreciated from $3,200 to $9,000 in two months it has been confirmed the general market sentiment has turned bullish. It is very unlikely Bitcoin will make fresh lows which means we are at the early stages of a bull market. I am especially interested in Skycoin because of the news that is about to come out in the third quarter. The upside potential is huge because they have been around since 2014 and have continuously invested in upgrading their platform even during the bear market which is a strong signal they are taking this project serious and are willing to continue despite the hype dying down.
SLong
by Btcharlatan
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
Skycoin Double Bottom (1180%+ Profits Potential)Skycoin (SKYBTC) reached its all-time high almost a year ago back in June 2018. After this high was reached there hasn't been any significant bullish action but the classic 50% correction waves. Now Skycoin (SKYBTC) has marked a double bottom and has the potential for massive gains in the weeks to come. In late February SKYBTC hit an all-time low at 241 satoshis, this same low was hit today. After some additional consolidation, we can expect a strong move from this altcoin pretty soon. Of course, our all-time low needs to hold for the 1180%+ profits potential to be able to play out. A close below 241 satoshis can send SKYBTC lower, any trading above it and we remain bullish. Where do you think Skycoin is headed next? Share your thoughts in the comments section below. If you want to see a full trade for this altcoin, feel free to hit like to show your support. If enough people hit like I will know there is enough interest and share a full trade for SKYBTC with massive profits potential. Thanks a lot for reading and your continued support. This is Alan Masters. Namaste.
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by AlanSantana
9
Skycoin is in accumulation phaseCurrently, 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 price moved through the resistance with an insane volume (~ 35% of all circulating supply), but closed below the level and started to fall afterward. Also, look at the Weekly BBands and you'll see that the price is currently too compressed between the lines. A good sign for buyers is the Weekly candle closed ABOVE the Weekly MA20 (red Bollinger line). I advise to look closely to this chart, taking in mind that the longer the accumulation the stronger is expansion. A good buy is a buy near the support, but I think below 300 is ok too if you're waiting for 150-200% of returns. Below I attached the lines (this is actually areas) of the possible resistance. Check my Ideas in a "Related Ideas" block. Thanks!
SLong
by UnknownUnicorn4517384
Skycoin (SKYBTC) Breaks Major Downtrend (Starts To Move)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 signify bullish strength and additional bullish action can be expected. All targets and resistance levels are marked on the chart. Conditions for change: On the other hand, if price breaks down and closes below EMA10, the above signals are invalidated. SKYBTC would need to consolidate further before trying to break and remain above EMA50 once more. Right now, Skycoin (SKYBTC) is looking bullish... Thanks a lot for the continued support. Remember to hit LIKE! Namaste.
SLong
by AlanSantana
3