SKLUSDT trade ideas
SKLUSDT (SKALE NETWORK) - BULLISH SETUP ANALYSIS 🔎
- SKLUSDT is on a mid-term uptrend supported by the ascending trendline support.
- The market hit a swing high and retraced.
- Price is retesting the flip horizontal support, the ascending trendline support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- The retracement is resisted by the descending trendline resistance.
- Breakout above this descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance.
- Retest of the descending trendline resistance after the breakout.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support.
SKLUSDTFuture & Spot both signal
Buy long
#SKL /USDT
Entry buy below : 0.678
Target :
0.688
0.705
0.720
0.735
0.750
Leverage : 10x
Stop loss : 0.625
shart term
If Any One Make Some Good Amount Of Profit Of my Signal You Can Share Your Some Bucks $$$ of Appreciations In My Trc20 :) 🥰 Here Is The Trc20 Addres Below
TQYoJTga8Tk12VVMQXYyYi4iAK9jjvrVdZ
#SKLUSDTPERP#SKLUSDTPERP
If break out the down trend and confirm , then it can go to 1.2$ !!
MA50 + komo cloud + trend lines
$SKL is gonna break out 📈We believe this is a pretty interesting setup.
Downward channel ✅
100 EMA support ✅
Resistance ✅
Bull and Bear traps ✅
Trading fakeouts ✅
Follow Crypto Fuente for more trades and trading setups.
SKLUSDTHello to you all. Mars Signals team wishes you high profits at all times.
If we break the resistance line, we will start trading for the above goals
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
SO THE JOURNEY BEGINS! SKL IS BACK!MAs are perfectly lined up to support a massive upswing.
SKL has explored lows like no other. Enough is enough!
A double bottom formation spells positivity.
MACD is back up to create the right setup.
RSI is poised to move into upswing territory.
Buckle up folks! Buckle up!
$SKLSKALE With currently retesting its breakout. Lovely setup that I will be taking. No TPing till $1...
