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SKYAI 4H bullish signal, but RSI is still at 39, dare you follow?
$SKYAI /USDT - LONG
Trading Plan:
Entry: 0.03421 – 0.03527
SL: 0.02817
TP1: 0.03967
TP2: 0.04295
TP3: 0.04788
Why pay attention to this structure?
- 1D consolidation, 4H gives LONG signal, direction is clear.
- Entry 0.03474, TP1 0.03967 (+14%), TP3 0.04788 (+38%).
- 15m RSI=39.74, near oversold, high probability of bounce.
- Why now? End of consolidation + low RSI, usually the starting point of a big bullish candle.
Discussion:
Will this move reach TP2 first, or will it wick to 0.028?