Sky AgainSkycoin started a nice uptrend since 15 days ago. A good news is it's not over since today we are experiencing a pullback to the daily red Kumo cloud. I believe there is a good buy opportunity around 245- 260 area , targeting upper lines in the chart.
SKY
$SKY, Reached first target at ~26k sats...Update on $SKY, Reached first target at ~26k sats...
Showing some rejection at this level (take in count the BTC pump...)
For now make sure to lock some profits updating SL or closing part of your position (25% up since UCTS Buy signal)...
#SKY
$SKY... Buy the rumour, sell the news? $SKY... Buy the rumour, sell the news? Similar to $BTT, Sky will release a major announcement on June 1st...
Potential Symmetrical triangle in play
Volume is decreasing...
Both MACD & RSI trying to rise
A break over 22kSats with volume can trigger it...
#SKY
$SKY Reached support & now is showing some bounce signals...$SKY Reached support & now is showing some bounce signals...
If it manages to break above 20200 sats with volume a new leg up can be expected to retest 25k sats levels..
"Major" announcement is scheduled for June 1st ... as we say in crypto "Buy the rumour, sell the news"
#SKY
Skycoin (SKY) - Right now, Skycoin is looking bullish ... Hello MATRIX world - Lets get right into it!
Resume:
Skycoin (SKY) is an open-source, community-owned, hardware-based peer-to-peer internet that leverages the incentive structure of the blockchain.
Skycoin’s platform has been billed as 'completely secure, infinitely scalable, and ISP independent' by the project team. Written in Golang and running on the Obelisk consensus algorithm, Skycoin is focused on security, usability, and ease of use. Obelisk is predicated on the notion of ‘web of trust dynamics’, which makes consensus decisions depending upon the influence score of each node. Each node subscribes to a select number of other network nodes, and the density of a node’s network of subscribers determines its influence on the network.
Skywire, the flagship application of Skycoin, aims to decentralize the internet at the hardware level. Skywire's objectives extend beyond providing decentralized bandwidth - it also aims to offer storage and computation.
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This coin has broken a major downtrend line that comes down from 4Q '18.
This is a "ez" one, dont miss out.
NEWS (Tweet) 06-04/19:
Preparing #Skycoin dev @meetup about #OpenAPI #Swagger #REST API & how @simelotech team generating client libraries 4 @Skycoinproject in many programming languages . From deep trenches #Havana #Cuba . Challenge ! Get $SKY
$SKY Trying to find support at 18k sats with a double test....$SKY Trying to find support at 18k sats with a double test.
If it manages to break with volume above ~220sats, we can start talking about a double bottom..
UCTS Showing a buy signal on the 6H chart
RSI trying to get out from oversold levels.
Set some alerts & wait.
#SKY
Sky looking like a safe entry with a clear stop/loss.Sky looking like a safe entry with a clear stop/loss.
Good risk/reward ratio
upwards the 4 hr break level is touched and attacked several times
downwards the 1 hr break level is attacked multiple times although there is support from a 4 hr uptrend from the past.
There is a current suppression in time from a 4hr downtrend which is in a beginning state of a trend reversal, making up the start of what seems to be an uptrend laddering.
Take a stop loss on the hourly break level ( full light blue line) and a safe profit target on the yellow - - - line at 201 sats
Good luck ladies and gents
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.
SKYBTC SignalSKYBTC has been forming a solid area of support between 0.000250 and 0.000265. We’ve seen a nice bounce from this support zone but expect it to go slightly lower before retracing up the channel. Ladder your buys to get the best entry.
Buy between: 250 - 265
Target 1: 0.000280
Target 2: 0.000298
Target 3: 0.000320
Target 4: 0.000338
Stoploss: 0.000240
This signal is at risk if BTC makes a strong upwards or downwards movement. Invest only a small amount of capital and respect stoplosses
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To set laddered buys, stoploss and take profit simultaneously, and monitor your signals with alerts you can use: signalgroups.com
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!
SKY Skycoin SkywireEasy Game. Skycoin Lauch Skywire Mainnet. can break up but have to be safe.
All in Graph.
Buy 250ish
Sell 320ish
stop under 240ish
if it makes a strong breakup it can reach 500 Sats. (EMA200).
Happy Tr4Ding !
The Blue SkyHello all.
Sky has just pushed forward to MA 50. I expect a pull back around 275-280 then we may see a nice upward movement. Targets are clear. If we break the line 327, line 525 and upper lines are available. (stop is on the red line)
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.
$SKY Massive descending triangle on the edge... $SKY Massive descending triangle on the edge... One of the few "known" coins that didn't catch up with the AltSeason yet...
UCTS buy signal on the 6h
Volume has been increasing over the last days/weeks
MACD & RSI flat for now
The asymmetrical opportunity is huge...
#SKY
Skycoin (SKY) | +265% Potential Profits | FREE TRADING SIGNALPair: SKY/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Low
Signal Strength: High
Introduction
Created 6 years ago by original contributors to Bitcoin and Ethereum, Skycoin is a 3rd-generation cryptocurrency platform that anchors a revolutionary blockchain ecosystem. At the core of the Skycoin ecosystem is a novel consensus mechanism called Obelisk, which moves beyond Proof-of-Work and Proof-of-Stake to allow lighting-fast transaction speeds at the same time as being highly energy efficient, immune to mining centralization and 51% attacks. Skycoin fuels an entire ecosystem of applications including the new de-centralized internet called Skywire that empowers users to earn coins for providing secure, peer-to-peer bandwidth. Skywire runs on our custom-built Skyminer hardware devices and WiFi antennas to create a free and open mesh network.
See the attached chart for Technical Analysis notes
Our Entry Zone
0.000270 - 0.000295
Our Targets
1: 0.000324
2: 0.000383
3: 0.000651
4: 0.000986+
Our Stop Loss: 0.000253
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Axsonex Team
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DISCLAIMER: Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page. Sources used: binanceinfo
SkycoinSkycoin
Strong announcement is coming
Break out triangle and going to the new top
2H RSI-oversold
Above MA50,100,200