Tightness of consolidation and well defined structure + demand pressure in blue suggests an imminent breakout in Skycoin. Measured against Ether it'll likely be the stronger in the coming hours/days/maybe week(s).
Comment:
Mild diagonal breakout, still unconfirmed on horizontal pressure.
Comment:
pop
Comment:
A reminder, a rally in an altcoin is usually (not always - some pump for their own reason) an indicator that the broader crypto market is on the verge of rallying. I view skycoin (which has been one the strongest this week on a performance basis against eth and btc, even though I consider it a sh.itcoin) is a good sign for alts.
Trade closed manually:
Closed at .01503. The dump continues