Some volume is coming back here, pushing the price above resistance at 320-325. Might come back to this SR and go forward to 350 - 370. There is important resistance at 338, but as we are targeting ABCD pattern, second leg shouldn't be that short to stop that close.

@CryptoTrades #SKY #Skycoin #ABCD

✅ SKY call results✅

First target hit, and price got to 149. Profit 16-19% 🤑 Trade closed.

Original signal:
🛒 Pullback buy zone 124-129
🔪 Scalp 140
🎯 Targets 145 - 154 - 163
🍭 HODLer's candy 170
💩 Stop loss below 118
👌 Stopless strategy - double at ~114-118
⚖️ Risk/Reward Ratio 2 / 3 / 4 (for main targets)

@CryptoTrades #SKY #Skycoin

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐒𝐤𝐲𝐜𝐨𝐢𝐧 (𝐒𝐊𝐘)?

Skycoin aims to build a "new internet that is decentralised and not controlled by any countries".

Instead of using the more common Proof-of-Work or Proof-of-Stake consensus algorithms, Skycoin utilises Obelisk, where the network consists of nodes (e.g. computers, Skyminers, etc.) and each node subscribes to a list of trusted nodes.

Nodes with more subscribers hold more influence in the network.

Skycoin transactions cost Coin Hours. To earn Coin Hours, users simply hold Skycoin in order to participate in the ecosystem of Web 3.0.

For each Skycoin held by an address per hour, its owner nets 1 Coin Hour. Therefore, holding 1000 Skycoin for 1 hour generates 1000 Coin Hours.

@CryptoTrades #sky #skycoin #cryptocurrency #education #altcoins