SKL/USDT BREAKOUT! READY FOR A 30-40% PUMP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this SKL/USDT trade setup.
SKL looks good here. Breaks out from the bullish pennant in 1hr time frame. Long now and add more in dip.
Target:- 30-40%
SL:- $0.0345
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Thank You!
SKLUSDT
SKLUSDTLike a lot of ALTS at the moment difficult to say how low this will go given it's never been this low.
60% seems about right given its a mid cap.
I can only really talk to the fundamentals of this project.
It's similar to Matic as it is a second layer solution to help ETH scale with 2000 TPS and Zero Gas Fees!
Given what Matic did this bull run and even bear market this is definitely one to watch.
SKLUSDT - Head and Shoulders Pattern SKLUSDT (12h Chart) Technical analysis
SKLUSDT (12h Chart) Currently trading at $0.0612
Buy level: Above $0.0617
Stop loss: Below $0.0444
Target 1: $0.0745
Target 2: $0.0908
Target 3: $0.115
Target 4: $0.150
Max Leverage 3x
Always keep Stop loss
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SKLUSDTHello my dear friends
At the end of the descending channel, a tight movement is formed in the daily time frame!
The possibility of the price exiting from compression is both upward and downward.
But whichever way it exits, it will definitely be a very fast move (:
For me, it would be better to wait and enter the trade if the trend moves above $0.0616.
----> At the end of the trend, both ICHIMOKU and RSI issued a signal of formation of an uptrend.
It would be great if you share your thoughts with us.
SKLUSDT 6H TA: Bullish if break As we can see in the chart, the downward trend line is broken and if it crosses the $0.051 area and makes a peak higher than the previous peak, we have the possibility of price increase up to the specified areas. Otherwise, the analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
SKLUSDTHello Guys , as you see skl now on the good support and for now supporting from here but as you know market is bearish now so you have to be careful and if you buy it you should set your stoploss below the green zone , so here we are if supporting this is my idea and there is level here !
NOT FINANCIAL ADVICE