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SKY

MKRUSDT : Possible Consolidation at Critical SupportsMKR/USDT is currently consolidating after testing support levels around $1,327.8. The presence of nearby resistances, along with a still intact downtrend, suggests that the asset may continue in a period of laterality or attempt to test resistances around $1,382 and $1,408. The chart is demonstrating a downtrend in recent sessions, with the price still struggling to overcome the main resistances, but MKR is unable to break the support. The MACD shows a slight recovery with an attempt to cross between the signal line and the MACD line, possible start of bullish momentum and the stochastic in the overbought region Supports: 1340 / 1275 Resistances: 1382 / 1408
Long
by ferulianov
SkyCoin - a top performer !!Since my last post where I gave an "immaculate entry point" at 76 cents, SkyCoin has been one of my top performers: SKY is up 103 % in 18 trading days !! After a false breakdown from the bullish wedge it has hit support and made a powerful "around-the-apex" move !! Right now it is battling with some resistance at 1.52 - 1.54.... But it could very well break through that directly !! This coin is SEVERELY undervalued, GROSSLY underrated and ASTONISHINGLY unknown in the digital asset space !! It could go SKY high !
SLong
by Dangermousebanana
Why I bought more SKYCOIN tonight !!SkyCoin is an extremely underrated project !! Actually rank 729 on CoinMarketCap and 17 Million MC. It has several working products and their team has never stopped working during the entire bear market from 2018 until 2021 !! Go have a look at their website: SkyCoin platform, SkyWire decentralized internet, Obelisk new consensus algorithm, Fiber peer-chain architecture, CX a custom-built programming language, CXO peer-to-peer cloud storage service, SkyMinter hardware, SkyMessenger encrypted messaging service, .... Their work has been impressive until now !! They believe in what they do and do not spend precious resources in marketing efforts. Time will come when they will come out of the woods and promote their products when mass adoption comes. The Legend John McAfee had a SKYCOIN tattoo painted on his back !! He must at some time had a very strong feeling on this project ! Technically SKY is bouncing on a very important support at the 0.764 level (green dashed line). On the beginning of February price jumped quickly from 0.5 USD to over 18 USD in a matter of 5 days !!! ATH was around 50 USD; so the upside potential is important. Price has since then come back to test the breakout point between 0.76 and 0.91 USD and will likely bounce on the apex of the yellow ascending triangle before taking off again. I seized the opportunity to load on SkyCoin tokens and more than doubled my long term position ! Time will tell if and when price catches up with SkyCoins outstanding fundamentals ....
SLong
by Dangermousebanana
SkyCoin - 15 days left to get aboard !!SkyCoin is a solid but unknown project that has several use cases and several working products (please refer to past posts). It has been bouncing inside a bullish wedge for about 4 months now, since big money wanted to get in (price spiked 800% in 1 day back in February 2021). There are 2 weeks left to get aboard. June 2nd should signal decision time. My guess SKY will break to the upside. Let's watch closely how this one unfolds. Personally I may enlarge my position.
SLong
by Dangermousebanana
🆓Skycoin (SKY) May-12 #SKY $SKYSKY has just been rejected from the 7000sts zone and is heading to 5000sts zone. If it could stop the decline at the 5000sts zone, it will move up to 10000sts zone in June 📈BUY -Buy: 4800-5200sts if A. SL if B -Buy: 6800-7200sts if A. SL if B 📉SELL -Sell: 6800-7200sts. SL if A -Sell: 9750-10250sts. SL if A ♻️BACK-UP -Sell: 4800-5200sts if B. SL if A -Buy: 3400-3600sts. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
S
by CryptoStation
SkyCoin - somebody wants to get in !!I have covered SkyCoin since 1st July 2019 (see previous posts). The last post was from August 2020 and was titled "When will Sky finally wake up ?" I think tonight we got the answer ! 24H volume is 23 million USD. That equals its actual MarketCap. 24H volume is 50 x higher than average 24H volume !! The price formed a wick to the upside which shows that somebody is impatient to get in. Accumulation phase was over 2 years ... but now somebody is in a hurry ! Price was up 1300% at a certaine time and shoot up to 7.50 $ for a moment - this clearly shows where SkyCoin is headed !! 7.50 $ in the near time - ATH in the mid term (ATH was above 40 $ !! SkyCoin is a very underrated project and it seems to me that it is now poised for a re-rating !
SLong
by Dangermousebanana
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