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.
Commento
Currently consolidating, failed to break the accumulation zone and 1200 satoshis. Have a buy order set for 1200 satoshis.
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