SKLUSDT trade ideas
This is a look back at where we came from with SKLdid this to show some people the trend in a coin weve been following for a few weeks. and although we dropped 10-20% at times the big picture is the best way to look at it.
Exit the SKLUSDT from a decreasing triangleExit the SKLUSDT from a decreasing triangle. The RSI value is suitable for the long position. The targets are 61.8% Fibonacci Projection (about 90 cents) and 100% (about $ 1.3).
SKLUSDT Triangle Breakout-36% Potential*Not financial advice*
SKL formed a triangle with support at 0.50$, followed by a breakout. A short-term TP of 0.85$ with support at 0.65$ is expected.
SKL/USDT goes higher!RSI looks strong.
15 minute chart shows double bottom as Highley on chart.
Strength was seen in this pair yesterday. Can it continue going into the European session and American session after this consolidation.
This is not financial advice.
🔥 SKL Triangle BreakoutAfter getting some crazy momentum a couple of weeks ago, SKL has seen a long period of losses/consolidation, losing almost 60% of its value in the process.
Yesterday, SKL finally breached this bearish period by breaking out of the triangle on the upper side, potentially starting a new bullish period.
Before entering, I'd wait for a small pull-back.
Happy trading!
SKL/USDT - Potential to reach 1.46Just a prevision of what could happen if SKL/USDT breaks.
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SKL Trend analysisSKALE's memont my really great graphic looks very ripe... BB is extremely stuck again and will explode to one side my idea is that an upward blast
SKL bullish patternSo, we have a falling wedge pattern here and it gives us this target. you could buy here or wait for the retest after breakout for more confirmation (top of the yellow line).
I marked the stoploss with the small red line and the target with the orange line.
SKL Triangle Break out Confirmed SKL Triangle break out confirmed and is going to pump over 100% in coming days.
Reasons:
1. Triangle break out with high volume
2. Perfect support Zone that is Marked in the analysis
3. Most of Indicators are in over sold zone and are returning
4. Good news until end of month (See on coinmarketcal)
SKL/USDT open long up to resistance!Has been consolidating and finding room for an extended period of time. This crypto in my view is about to extend short term gains to the target price of 0.70. From there we will either see a rejection or a push higher. For now the SL and TP are set.
MACD shows the potential rise up further is on the cards. Carefully monitoring this trade.
This is not financial advice.
SKL/USDTSometimes you should step back to see the big picture, this is what I’m expecting from SKL. On the daily chart, it’s trying to break the yellow trend line now. The green line will be my entry point, the red line is so close to my entry point, but I think it will never touch the red line. So this is a finely-tuned chart and I wanna find the dippest possible entry point, let’s see what will happen...
