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EtherSwinger
May 13, 2021 6:15 AM

SKL-BTC - prime for breakout!!! Long

SKL / BitcoinBinance

Description

SKL-BTC broke out at end of April, revisit apex/resistance now turned support and bounced back.
Higher low on 4/12. Would like to see higher high to confirm.
RSI broke out of down-trend, bounced off over-sold and on its way up, gaining strength.
MACD turned positive.
With all these positive signs, I think SKL is prime to break out soon... similarly SKLUSD is nearing the apex of the triangle.
Target on chart.
Patience will be rewarded. Not financial advice. Good luck trading!
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