Wrong Analysis it is going up its best time to open a long trade as its breaking the ascending triangle
b6d1016fdeb149be865b678a8ac935
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@Sabih53999, I think it's going up too. You don't think it will test that lower threshold again? Why not?
folozico
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Don't think it's gonna go up until we hear some news. The previous pumps were caused by listing on major exchanges, nothing to do with technical analysis.
SKL is too new in the market, TA might be useful on a smaller timeframe, but not much help on a daily chart imo.
I don't see it growing in the short term, but it's a good project so definitely worth it as an investment.
b6d1016fdeb149be865b678a8ac935
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@folozico, LOL, that's why I posted this idea with the title I did : ) I know nothing about it. I'm a BIG fan of smart contracts, but when I see "deploy with just a few lines of code" on their home page, red flags go up. I've been bitten too many times by frameworks that promise the world, but when you want to implement the last 10% of the project that's NOT supported natively by said framework... that's when things get painful and you start to regret adding the additional dependency.
That said, I'll have to research the project more, I'm curious to know _how_ they plan to Skale.