I took a look at the 1-hour chart for $SKYAI , and I’m personally leaning bullish because the 1-hour structure is trending upward, and $BTC is also showing a bullish sentiment.
That said, to be clear, this is just a countertrend bounce against the bearish daily and weekly structures, so confirmation signals are crucial. Don’t rush into a position.
I expect the price to go back and retest once more.
That said, to be clear, this is just a countertrend bounce against the bearish daily and weekly structures, so confirmation signals are crucial. Don’t rush into a position.
I expect the price to go back and retest once more.