Tolberti

SKALE Network SKLUSDT - Falling wedge

Long
BINANCE:SKLUSDT   SKL / TetherUS
-SKALE Network - Rank #142 is forming falling wedge pattern, which is currently breaking up!
-First target is all time high, that is an only resistance on the way up.
-Of course, we can go much higher, but for now stick with this resistance.
-0.618 FIB golden pocket support acted as major support in the past.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.