TradingView
angela_altair
Jun 4, 2023 9:12 PM

SKLUSDT on weekly support and may head for next resistance 

SKL / TetherUSBinance

Description

The price was rejected from monthly resistance MR1 and came back to weekly support WS1. It broke that support for a while but it seems that it is on way to claim it back. This definitely opens the way for the price to again aim for the monthly resistance MR1. If anything goes wrong with this plan and price loses the WS1 zone again then next support we should expect is daily support DS1 and further down the weekly support WS2. For short term I have another idea which I will share in a separate post.
Comments
cetoandradeiii
Will look out for the lower timeframe analysis. Thanks!
More