Skycoin making a double bottom formation

Skycoin has made a big bullish move. After two reversals we can see that the price has formed a double bottom pattern. We are waiting for the price to bounce from the indicated support line, if that happens we are expecting another big bullish move. Stop losses should be placed just beneath the before mentioned support line, in case if the price makes a small breakout before a bullish move that we are expecting.

Feel free to grab a copy of our Free Weekly Market Outlook here:
mailchi.mp/bc78576d6...eweeklymarketoutlook

For more content follow us on Instagram and Facebook:
https://www.instagram.com/_quantum_tech_/
https://www.facebook.com/quantumtechologies/


We wish you good luck with your trading!