📢 $SKHYB / $USDT | 🟢 LONG | ⭐ 71.4%
🎯 Target: $175.93. Can it reach it?
🎯 Trading levels:
🟢 Entry: $171.60
🛑 Stop Loss: $169.00
🏁 TP1: $175.93
🏁 TP2: $176.80
🏁 TP3: $178.53
📈 Analysis:
$SKHYB shows a bullish multi-timeframe alignment, with an ADX of 34.53 confirming a strong trend and a structure supported by the technical formation of double and triple bottom. Price action shows buy absorption and sustained pressure, staying above the 20 and 50 EMAs, while the RSI at 54.95 indicates room to continue the bullish momentum after testing the VAH (volume profile maximum value).
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1h
📐 Technical confidence: 5/5
The thesis is invalidated below 169.00, a level that would act as a break of bearish structure. It’s essential to watch for holding above the 171.60 support and the break above the immediate resistance at 178.36 to confirm the extension of the move.
Do you think the current volume will be enough to break the 178.36 resistance in the short term?
💡 This analysis is for educational purposes and not financial advice. Do your own research and decide calmly.
#crypto #SKHYB #trading #Futures #Bullish
🎯 Target: $175.93. Can it reach it?
🎯 Trading levels:
🟢 Entry: $171.60
🛑 Stop Loss: $169.00
🏁 TP1: $175.93
🏁 TP2: $176.80
🏁 TP3: $178.53
📈 Analysis:
$SKHYB shows a bullish multi-timeframe alignment, with an ADX of 34.53 confirming a strong trend and a structure supported by the technical formation of double and triple bottom. Price action shows buy absorption and sustained pressure, staying above the 20 and 50 EMAs, while the RSI at 54.95 indicates room to continue the bullish momentum after testing the VAH (volume profile maximum value).
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1h
📐 Technical confidence: 5/5
The thesis is invalidated below 169.00, a level that would act as a break of bearish structure. It’s essential to watch for holding above the 171.60 support and the break above the immediate resistance at 178.36 to confirm the extension of the move.
Do you think the current volume will be enough to break the 178.36 resistance in the short term?
💡 This analysis is for educational purposes and not financial advice. Do your own research and decide calmly.
#crypto #SKHYB #trading #Futures #Bullish