Skycoin (SKY) Jumps After Fake Breakdown!

٢٥ نوفمبر ٢٠٢٠

Here I've marked a "fake breakdown of support", this happens when we see prices break below support just to quickly move back up.

This is a strong bullish signal because after this move is printed on the chart, what follows is strong bullish action.

Skycoin (SKYBTC) will now start to grow.

I've mapped multiple targets on the chart (black and magenta lines).

Namaste.