SKY/BTC (Weekly Support Brokedown?)
💎Technical Analysis Summary💎
BINANCE: SKYBTC
-Skycoin broke the weekly key level of support
-The price is starting to go lower while BTC is going higher
-Technically, this is bearish because the new Lower Low is made
-Since there is no logical support to be found
-Price discovery will occur and longer consolidation is expected
-So if you have a position please reduce the risk exposed
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
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Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
BINANCE: SKYBTC
-Skycoin broke the weekly key level of support
-The price is starting to go lower while BTC is going higher
-Technically, this is bearish because the new Lower Low is made
-Since there is no logical support to be found
-Price discovery will occur and longer consolidation is expected
-So if you have a position please reduce the risk exposed
A big Thanks for donating 💰 via Tradingview coins this week to ahancock 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
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