patternrcg

patternrcg

Just wanted to save a chart showing key levels. This came up in a trading forum today and I wanted a better look. This chart uses a simple script I put up that autodraws a few support and resisance lines.

patternrcg Updated 

The 5K line seems to be a key level as SKY has traded in a range recently. This chart shows where resistance is on the charts from recent trading activity.

patternrcg

This is just a simple support resistance style chart with Skycoin price action from the last month. The lines are drawn from my script but I added one more at 5 which relates to a fibonacci level created from a spike just a short time before the time this chart shows. This is simply just a level I am watching that relates to a retracement from a previous spike in price.

patternrcg

Here is an interesting chart. The auto center has to be turned off to show detail on the recent price action. The reason, a surge in interest on Feb. 3rd pushed the price up beyond the range of the chart by a good ways. While not a lot of volume came in at those prices, it did bring a lot of attention to the project. This custom script looks at volume coming in...

patternrcg Updated 

As previous charts would indicate, I have been following this project closely for over a year. The major pullback that happened last year after a date on an exchange listing was missed for Coin Hours ( SCH ) that are generated when you hold SKY in official wallets. Eventually, the project is working to allow this asset to be the payment system to purchase...

patternrcg

This is an interesting project, I have been starting to track it more closely. This is an active project & there are terabytes of data stored on the distributed storage system they have designed. Cloud technology is a hot topic right now. ref: siastats.info Analysis: There is a lot of people talking about a BTC pullback. If that happens and this holds trendline...

patternrcg

Seems like a good time to put out an updated Skycoin chart. Over the last few months, the project fell into the sub-.5 trading range. Interestingly, trading volume was fairly low in this range. The volume didn't pick up until it returns to the .5 range, which can be seen on the right side of this chart as well as represented by the red line - this charts volume...

patternrcg

Skycoin is consistently ranked as one of the most actively developed projects. After a few rough months, it seems that a new trend is trying to start. As BTC dominance fell from the 72-35 range back into the high 60s, Skycoin price seems to have stabilized in an accumulation zone. Since there was a lot of mention of development, I setup github & started watching...

patternrcg

Recently Skycoin has been trading stronger against BTC. This chart shows the recent change in momentum. It is compared against BTC price to show how the only major pullbacks recently correlate to market related events. Anytime BTC wasn’t selling off, Sky was showing bullish momentum...

patternrcg Updated 

Hovering around the 10k mark again. The longer range moving averages ( 144, 233 ) show good potential pullback ranges. Holding support in the 7.5k-8k range would still indicate strong bullish momentum. There is a volume control point at 8k range to watch there. A move up could break the pullback trend from recent high and test the ATH resistance line.

patternrcg

The last few months have been a bumpy road for skycoin investors as the price eroded steadily after an attack on their domain and trouble with the control over primary social media accounts. They have migrated to a new domain and as well, regained control over the Twitter and relevant platforms. During this time the project had several notable upgrades to the...

patternrcg

Such support. Many pumps. These two coins form quite an interesting historical relationship. Low levels of support and resistance charted. Going to be keeping an eye on this one.

patternrcg Updated 

BTC is pushing up towards the 12k mark again. A pullback to 10k from that range would keep it inside the trend line structure. A move above 12k would change the structure of the trend line resistance and indicate that it may be trying to breakout of the downward channel that has started to form over the last month.

patternrcg

This chart looks back at the last bull run in the price of Silver. There has been a recent spike of volatility in what has been a range bound market the last few years. Historic support at $15 had launched several bull runs which are marked on the chart. Next significant resistance is around $20-21. The SPX is shown as a reference to see how it has performed...

patternrcg Updated 

Skycoin has been releasing a lot of content lately. It has also shown up as one of the most active blockchain projects on github. This week you will see a lot of the focus shifting to the July 28 IEO listing of Coin Hours (CH). The bigger story is that CH are getting ready to be traded to establish a value. When mainnet is deployed, the roadmap indicates the...

patternrcg

BTC just broke through trendline and linear resistance. Next resistance is at 12.2 and 12.4. Have alerts set at support lines. Been an exciting few weeks. Are the bulls back?

patternrcg Updated 

Sky has been trading near and has broken into the $2 range several times recently. There is a critical point of resistance between $2 and 2.25 and again around 3-3.14. There is an announcement scheduled for the end of June that I am hoping helps it break through one or both of these points of resistance. Also charted is the BTC price, which as many coins have...

patternrcg Updated 

This recent surge in price has just decreased the timeline for the SMA 50 200 Golden Cross to form on many crypto charts. A conservative estimate puts the SMA to cross at the latest around April 11th. Note the Volume Weighted Averages moving up fast and in a similar fashion to the beginning of the 2017 bull run. The VWMA cross may happen in the next 24 hours at this pace.