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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
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.
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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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✅ Cryptocurrencies technical analysis & results
t.me/masteranandatrades/9279
✅ Stocks technical analysis
t.me/anandastocks
✅ Enjoyed the content? Join my PREMIUM channels for more... t.me/lamatrades/4 (since 2017)
t.me/masteranandatrades/9279
✅ Stocks technical analysis
t.me/anandastocks
✅ Enjoyed the content? Join my PREMIUM channels for more... t.me/lamatrades/4 (since 2017)
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.