On the daily timeframe, the price formed an inverse head and shoulders pattern โ a classic bearish to bullish reversal. The neckline was broken and successfully retested, confirming the move.
Momentum Indicator:
Relative Strength Index above 50 โ MACD indicator in the bullish zone ๐
The price of #SKY may continue to rise towards $0.077 ( Head and Shoulders target and the higher all-time high region ) ๐ฏ
Confirmation: Break of the neckline again โ $SKY
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BasheerAlgundubi
ยท 01-02 13:33
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The price of $SKY may continue to rise towards $0.077 ( the head and shoulders target and the higher historical high area ) ๐ฏ
Confirmation: a break of the neckline again โ
#SKYUSDT โ Has the reversal started? ๐๐
On the daily timeframe, the price formed an inverse head and shoulders pattern โ a classic bearish to bullish reversal. The neckline was broken and successfully retested, confirming the move.
Momentum Indicator:
Relative Strength Index above 50 โ
MACD indicator in the bullish zone ๐
The price of #SKY may continue to rise towards $0.077 ( Head and Shoulders target and the higher all-time high region ) ๐ฏ
Confirmation: Break of the neckline again โ
$SKY