๐$SKDD The coin is flying today: +20% from $6,213 to $7,505 โ RSI 80 ๐ฅ Should we sell or get greedy?
Look what happened:
From $6,213 to $7,505 = +20.7% in two days = a real rocket ๐
Now at $7,347, up +4.70% = still in the green
But RSI 80.48 = overbought above 80 = everyone is in profit and selling
BOLL UP $7,516 is just above = this is the ceiling = break it = $7,600+
AVL $7,374 = price is now below it at $7,347 = first sign of weakness after the rise
MB $6,717 is far below = -8.5% if it corrects
MACD 0.094, strong green + DIF 0.222 above DEA = momentum is still a rocket
Volume $9.71M = there's still liquidity
Why is it risky now?
Because from $7,347 to the UP at $7,516 = only +2.3% left
And from $7,347 to the MB at $6,717 = -8.5% correction = the risk is greater than the reward
Plan ๐ฏ
I won't enter now โ I'll wait
Entry 1: Break above $7,516 with strength = target $7,800
Entry 2: Correction to the MB at $6,717 = rebound target $7,374
Stop: below $5,918 DN
Would you sell at 80 or get greedy for 85? Tell me ๐
And could it fly to $10 in the coming period? โ ๐ค
$SKDD
Look what happened:
From $6,213 to $7,505 = +20.7% in two days = a real rocket ๐
Now at $7,347, up +4.70% = still in the green
But RSI 80.48 = overbought above 80 = everyone is in profit and selling
BOLL UP $7,516 is just above = this is the ceiling = break it = $7,600+
AVL $7,374 = price is now below it at $7,347 = first sign of weakness after the rise
MB $6,717 is far below = -8.5% if it corrects
MACD 0.094, strong green + DIF 0.222 above DEA = momentum is still a rocket
Volume $9.71M = there's still liquidity
Why is it risky now?
Because from $7,347 to the UP at $7,516 = only +2.3% left
And from $7,347 to the MB at $6,717 = -8.5% correction = the risk is greater than the reward
Plan ๐ฏ
I won't enter now โ I'll wait
Entry 1: Break above $7,516 with strength = target $7,800
Entry 2: Correction to the MB at $6,717 = rebound target $7,374
Stop: below $5,918 DN
Would you sell at 80 or get greedy for 85? Tell me ๐
And could it fly to $10 in the coming period? โ ๐ค
$SKDD