Hello, Community!
In our yesterday's analysis we pointed out that $BTC could set the slight higher high soon or reach the next support level at $28181, which is defined by the Skyrex SmartBot. This is AI-driven automated strategy developed by our team.
On the Chart 1 BTCUSDT we can see the application of the FibDiv strategy which has been expalined recently. Buy the way, soon we will automate this strategy as well and incorporate into SmartBot to improve it's ROI. Well, the Fibonacci retracement you can see on the chart is defined by the FibDiv rules. The potential strong support is located at the $28k which is coinsides with the support level defined by SmartBot.
After reaching this target we expect the pump which could be ended at the red zone or at the purple line at $35500. Looking at the Chart 2 we can see that Bitcoin has broken the strong support defined by SmartBot and the next purchase will be at $28171. Therefore now we are sure in further decrease.
Best regards, Skyrexio team
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