Preconditions: - Accumulation of 12 days - Local uptrend - Global uptrend Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions here! Thanks for your support!
SKL is going to be bullish as for now the trend need a pullback/correction or a range for another jump but anyway the trend is now bullish so if u have investments don't panic you are safe share this post please maybe helps some one don't lose its investment or possible profit
It seems like it almost painted a bullish flag. I expect this to go on another run upside
SKL breaked the dynamic resitance and becomes bullish
The only possibility for SKL to go up would be bitcoin radical burst. Trends are shown in this chart and the most possible best target area is about that yellow resistance level.
as you can see for the plotted brush marks the trend tends to be bearish and succeeded to break the supports so it s going to be bearish for now ELSE the bulls get the power and inject huge amount of money into it (which is unlikely so as the BTC is giving more profit for now and its December so most companies withdraw money) this chart was asked in custom *
SKLUSDT is printing a descending triangle pattern on the 2H timeframe. Sell entry ⬇️ - breakdown below the descending triangle horizontal support. Target 🎯 - fibonacci extension levels / projected descending channel support. Setup invalidation ❌ - breakout above the descending triangle inclined resistance.
SKLUSDT has formed a P pattern and it shows great bull power in the last 2 weeks so its most probable to stays bullish after the P pattern completed
SKALE is a Proof-of-Stake consensus network with the ability to process thousands of transactions per second and low fees. It is compatible with the Ethereum blockchain and will take some of the load off it. Representatives of the DeFi sector are also interested in cooperation with the project. They chose either a hype or an actual direction for the project...
Buy the breakout of the falling wedge Fib levels are targets
A VERY promising new project. Check for yourself. skale.network
Great Project Skale just listed 2 days ago
It is ovious that this sector is heating up. Loads of bodies of their books, delincuent uncolectable debt. costly SLA fines waved, and cancelled plane orders with no penalties, on top of it loads of stimulous coming their way. The institutional buyers are shameleslly creating this pattern and its about to break. Lets take AAL as an example" Could it consolidate...