cozej4

cozej4

GO is breaking out of a 4 months trendline (from 31/03). Volume is still low but might pick up soon, the next resistance which was the previous support is around the 140-160 satoshi area. Stop loss is at 100 satoshi area.

cozej4 Updated 

Skycoin seems to be in its last stages of correction before the next bull run, with the huge falling wedge above getting narrower and narrower. As money is bleeding from alts to BTC with its dominance shy of 46%, soon a lot of investors will move back to alts and what better project to be accumulating while it's super cheap than SKYcoin. Also keeping a close eye...

cozej4

Just noticed the falling wedge on BTC, it suggests that we are heading back to 6400 zone to retest that support level, If the support level holds then we might see a nice bounce back to 7500s area if not, we might be heading back to 4300s support level. Also the RSI and MACD devergence suggests that we might be seeing a nice bounce soon.