Skycoin has been delivering the goods to myself and our members for weeks now as it seems to be stuck in this descent ranged channel. Not a whole heap of TA to base our trades off apart from obviously a level of support and resistance that sky is struggling the bust. Its quite simple really we just ladder buys with in the demand range and ladder our sells in the lower supply, but we hold onto a cheeky bag to drop high in case we get another one of those 25% spikes which we got again just the other day :) This is an "at your own risk" type of trade but like i said we have been doing well off this over the past few weeks now with around 30 completed trades ranging from 4-8% and a couple at 25%
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first lot of orders hit, we will be buying all with in demand down to around 240-250 for now. keeping some on the side for high sell orders over 300-320, and the rest we swing around the 275-280
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another quick 8% swing on sky, waiting for a re entry back down at 260 and below
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Say no more.... Skycoin just loves delivering time and time again, fastly becoming one of my favorite coins to swing at the moment.