About meSkyRock Signals is a union of experienced traders from around the world. We are the first and the most reliable automatic cryptocurrency trading service. Combination of technical and fundamental analyses allows to produce the highest quality information
This is an update to recent BTC analysis.
At 4-hour timeframe we can see that the price went out of the local descending channel via impulse growth waves. Subsequent corrective Elliott ABC movements brought the price at the upper edge of the channel.
If we take a closer look it can be seen that there are several positive signs:
1. Stoch RSI moves to Oversold...