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csdailey
Apr 6, 2021 2:30 PM

I'm at my limit 

SKL / TetherUSBinance

Description

SKL has not been looking good lately. SKL is one of those coins that will drop for weeks.. and then pump 100% in 1-2days. SKL could go to .50 if it had to. If we drop below this trend line, I will have to sell and I have a big bag. Best of luck everyone.
Comments
ruinedshadow97
Good thing u re getting rid of this coin. It really is a trashcoin.
csdailey
@ruinedshadow97, I think it just boils down to the fact that 95% of the bag holders are institutions. They are clearly selling and I'm not going to compete against them. Coins like CGLDUSD and UMAUSD(both which I have a ton of experience trading) are pretty identical to SKLUSD in that most of the trades happening are just algorithmic trades and there's very little retail.
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