Skycoin
#SKYBTC looking like it's in accumulation mode in an attempt at bottoming around these levels. First price target around 800 Sats would be a good profit level, but 1100s could be possible for a swing on continued strength. For a longer-term horizon I would like to see SKY get above 800s and show signs of support at that level - recall the fall from 3000s to 1000s happened very quickly and likely caused a lot of emotional upset for traders/investors during that period:
However, could also mean that getting to 3000s from 1000s may also be quick if SKY fundamentals continue developing in a positive way.
R/R at current level isn't ideal BUT general pattern and setup indicate a high probability of at least a test close to 800s before any further support test/breakdown around 450s.
Daily Bullish Signal for #SKY #SKYBTC (12-09)#SKY (SKY/BTC)
Buy : 520
Flash Sell : 530-540-550-560-570
Short Sell : 600-650-700
Stop : 500
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!!easy 35% in max 10 days, SkyBTC!!easy 35% in max 10 days
open long SkyBTC at 0.000829
SKY BINANCE:SKYBTC
Skycoin potential 100-350% profits! (RISKY)Skycoin was hit with some bad news within it's own management and production. There was a rumour being spread that they were manipulating the price in order for devs to sell off skycoin and become rich.
However, we all know that a lot of people don't do research on coins before investing as long as they know the price is going on.
This is a risky trade but has potential for a LOT of profits. Could even see the price going up 6x-10x if the dev team actually get their shit together.
Chart describes itself. Accumulate in the zone, wait for a breakout of 1200 satoshis, sell at each target.
$SKY SkyCoin: Retrace/recovery in progressSkycoin fell way too low after it's trouble with the theft/kidnapping of CEO drama (will post more on this story if requested, lol), but it appears -- based on action over the past 72 hours -- to be making a corrective move back into normal ranges. I've set this up as a general roadmap/guideline for stair steps, but it will need updating once more data can be added to the model. Will update when significant movement occurs one way or the other, but i expect this to be pushing that next barrier by EOD.
Skycoin accumulationBTC showing signs of reversal and Skycoin looks like it is being accumulated based on Wyckoff. If BTC does a full reversal SKY has a lot of potential because it just had a major sell off losing close to 80% of its value from the top
Continue the dumpBear flag on SKY. Stolen coins are probably still getting dumped.
I am waiting for a good entry to buy back, Skycoin has everything to see TRX or XVG like pumps during the next bull run
pbs.twimg.com
