Hi guys, Hope you are enjoying the rally. I will be short. I see Skale rising as confluence of the MA's has been coiling up. First targets after triangle breakout are 0.78 to 0.87. and then further. Trade at your own risk. Not financial advice. DYOR
Hello, Quick idea here: The SKL/USDT pair broke above the diagonal resistance on daily, which is giving us a good buy setup today. Approximately 20% up to the previous high. I'm just waiting for confirmation and 1 or 4-hour close above the horizontal line marked below: Stop-loss below the 21-day EMA. Cheers
It seems SKL want to break out and has strong support. + They announced that theres an upgrade coming at 19/04/21. Source: twitter.com ### Not a financial advisor ###
SKL looks to be continuing an ascending triangle pattern as I mentioned before. If the pattern continues, it looks like the next few days should be something to keep an eye out for a breakout potential around .85 with some resistance around the 38.2% Fibonacci retracement level. If that resistance does break (dashed red line), it looks like there is good...
The patterns and fractals are unreal or is it simply my bullish imaginations? 🤔 As long as btc is bullish or range bound, SKL is looking to pop soon.
SKL is forming an accumulation. Considering bouncing back from its support line, targets, as shown in the chart, is expected. *NOT FINANCIAL ADVICE.
It seems that history will repeat itself. We have a trend and it looks that we are going to hit 0.89, then a small retraction before going up again. Now is the time to buy. Trade with caution. Not a financial advisor.
_ buy and hold here - great volume profile for this set up. - Target 1.272 Fib. + 70% gain.
Price action has broken out as of April 5th with a pullback and retest of the bull flags upper trend line. At the moment price action is trading in the area of value where price has ranged for the most part since end of march. The area of value between 0,0726 and 0,0756 will require a move with volume to be broken as $SKL hasn't yet been able to leave the box....
ANALYSIS 🔎 - SKLUSDT is consolidating in the symmetrical triangle (ST) pattern. - Price is testing the symmetrical triangle's inclined support. - The minor downtrend was bounded in the falling wedge (FW) pattern. - Price brokeout above the falling wedge's resistance. - This is a bullish signal (bounce off the symmetrical triangle's inclined support). BUY ENTRY...
SKL has seen some strong volatility over the last couple of weeks, starting all the way in February. Currently, the price has been consolidating for almost a month now, fabricating a triangle in the process. Since the price appears to be reversing from the bottom support, I'd say we could see SKL moving towards the triangle resistance fairly soon, potentially...
Analysis based on Elliott Impluse wave I draw any wave by accurate fibo levels . Hope you enjoy this Coin If you like to enjoy more analysis just PM me in Telgeram messanger: @omid4628