I think longing SKL could be a strong trade. Don't think the support will break, as it overlaps with the 0.5 fib, and think its likely that it break the downtrend here. First target is around 23% from entry
Noe SKL has broken out of the wedge formation we have been following for some time, we just now want this 4 hour candle to close above for us to warrant our entry.
BINANCE:SKLBTC is looking very bullish after closing the daily candle above a short term downtrend. 1. EMA20 crossing MA50 2. Close above short term downtrend and perfect retest 3. Triple bottom formed and getting confirmed currently 4. Price should minimum hit 740 sats which is level of MA200 5. SKL is one of the best technologies to achieve scalability for ETH...
The SKL currency is in a good position and can start moving upwards after breaking the downtrend
0.38$ reached See idea were i explained what would happen
Over the last two months the price has entered and successfully bounced of area of support three times, creating some sort of triple bottom and validating its strength. It is now being supported by a local level (0.3144) and dynamic support(blue). The next expected move is to see the price break above 200MA, get rejected from key level (0.40), than consolidate on...
Knowing that we are in the alts seasons, we keep seeing some patterns repeating itself, patterns as 3D (3Drives). And that is exactly the same pattern we are seeing on the SKL Chart. So we expect the market to react to our Zone, which is in turn a Daily support area N.B: This analysis is based on market structure and the sentiment of the market. This is not a...
I clearly see multiple whale addresses that are using their holdings to suppress price to get people to sell. I'm very confident that these whales are done accumulating (as a lot of retail holders have sold out of frustration from the long consolidation period). So, I think what we can expect is an insane breakout past .50, past $1, all way to $1.8 - $2.5. The...
SKL/USDT 1 Day Timeframe, if trend line is broken we can see 3 conservative targets in the future. Trade Safe. Regards
let's see if this play's out?! i wish i could buy a bag before it pamps...
Hii You can buy from 0.36 to 0.375 stop 0.31 target 1x 2x 3x .. open see you :)
Breakout and retest done on SKL. It’s ready to pump⚡️⚡️ Stoploss below 0.34$ Profit targets: 20% —50%
#SKLUSDT #SKL @khancryptoschool 2nd Breakout Almost Done Now Ready For Fly Keep in mind. 🟣 Purple Structure Monthly Frame Structure. 🔴 Red Structure Weekly Frame Structure. 🔵 Blue Structure Daily Frame Structure. 🟡 Yellow Structure 4H Frame Structure. ⚪️ White Structure 1H Frame Structure.
TA explained SKL formed a huge W-formation and retested the W-neckline on the pullback. Price is bouncing on the 4H 50 MA which also aligns with the Golden Pocket. Targets align with the extended fib levels calculated from the current pullback. Trade setup Best entries: 0.329910 - 0.345500 TP1: 0.45880 TP2: 0.53836 TP3: 0.62286 SL: 0.30903 RR: 10.11 Max...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this SKL trade setup
SNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...