BINANCE:SKYBTC   Skycoin / Bitcoin
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4
Sky coin broke out of descending triangle . Triple bottom. Now moving within ascending channel , if it breaks out of it, long position can be taken. If it won't break resistance and start going down ( RSI and channel resistance), then buy zone could be support of the channel.

I would personally ladder buys down if the coin will move down. Usually 10-25% parts.

If coin was going up, I would buy into strength accourding to the movement but usually in larger parts if significant confirmation is reached.
Comment: Looks like Sky is braking out of ascending channel as well as piercing through 200 EMI on a daily TF, let's see how daily candle closes (above or below channel and 200 resistance and we can add to the position or see a downwards move.

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