On the daily timeframe, the price formed an inverse head and shoulders pattern – a classic bearish to bullish reversal. The neckline was broken and successfully retested, confirming the move.
Momentum Indicator:
Relative Strength Index above 50 ✅ MACD indicator in the bullish zone 📊
The price of #SKY may continue to rise towards $0.077 ( Head and Shoulders target and the higher all-time high region ) 🎯
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BasheerAlgundubi
· 8h ago
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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 ) 🎯
Confirmation: a break of the neckline again ❌
#SKYUSDT — Has the reversal started? 👀📈
On the daily timeframe, the price formed an inverse head and shoulders pattern – a classic bearish to bullish reversal. The neckline was broken and successfully retested, confirming the move.
Momentum Indicator:
Relative Strength Index above 50 ✅
MACD indicator in the bullish zone 📊
The price of #SKY may continue to rise towards $0.077 ( Head and Shoulders target and the higher all-time high region ) 🎯
Confirmation: Break of the neckline again ❌
$SKY