Crypto Pair $SKY Trading Tips ๐น
Consolidation Recommendation
Entry Range: 0.06892-0.06958
Stop Loss: 0.06859
Targets: 0.06994, 0.07050, 0.07119
Technical Analysis: Man, this SKY price action makes you just want to chill. Bouncing around at 0.06925, the EMA lines are stuck like dead fish around 0.07, not even crossing over, clearly no direction. RSI is only 39.4, lethargic and weak, but not in the oversold zone ready to explode โ to put it bluntly, it's just dragging on, neither bulls nor bears want to make the first move. Set your stop loss at 0.068585; if it breaks, just bail, donโt be stubborn. Getting in at this level is a grind, letโs wait for a breakout above 0.07 or a drop below 0.0685 before doing anything; right now, messing around is just a way to hand over fees to the exchange. I'm tired, do what you want, but Iโm not taking any bets.
Recommended Stop Loss: 0.068585, please adjust your position based on your own risk tolerance
#SKY