Pair: SKY/BTC Exchange: Binance Trade Duration: Medium Risk: Low Signal Strength: High
Introduction
Created 6 years ago by original contributors to Bitcoin and Ethereum, Skycoin is a 3rd-generation cryptocurrency platform that anchors a revolutionary blockchain ecosystem. At the core of the Skycoin ecosystem is a novel consensus mechanism called Obelisk, which moves beyond Proof-of-Work and Proof-of-Stake to allow lighting-fast transaction speeds at the same time as being highly energy efficient, immune to mining centralization and 51% attacks. Skycoin fuels an entire ecosystem of applications including the new de-centralized internet called Skywire that empowers users to earn coins for providing secure, peer-to-peer bandwidth. Skywire runs on our custom-built Skyminer hardware devices and WiFi antennas to create a free and open mesh network.
See the attached chart for Technical Analysis notes
Our Entry Zone
0.000270 - 0.000295
Our Targets
1: 0.000324 2: 0.000383 3: 0.000651 4: 0.000986+
Our Stop Loss: 0.000253
To make sure you don't miss out on any FREE signals, FOLLOW us on TradingView by clicking on our profile and then clicking the green 'Follow' button.
If you liked this analysis, hit that thumbs up!
Have a good day,
Axsonex Team
------------------------------------------
DISCLAIMER: Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page. Sources used: binanceinfo