SKL is following this path down. I would not be buying until there is a clear signal of a break out. So far.. it's looking horrible Note: I am still a noob
SKL working through a larger wave 3 impulse. Based off my H1-H4 analysis EW minor wave count, the current structure suggests we are in sub wave 4 and entering sub wave 5 which based of the length of W2 &W4 we can project a price target of .40c to .61c as part of the intermediate wave 3.
ENTRY - STL - TP on picture TP of me . And TP of you , i don't know You can buy more if price lower entry " High risk scaling consider when entering orders " Wait to entry no buy price now if price done TP2 , We cancel this order ! THIS SHITCOIN BUY 20% $ TOTAL ACCOUNT I am fomo following the recent pump dump events
SKLUSDT - broke over the falling wedge pattern, hints strong recovery towards the 0.75/0.87/1.06 in the short term.
I still think SKL will surprise, I sold at .54c right B4 the crash and had bids at .32c they filled I pocketed the difference and bought the DASH dip as well. I think SKL will be the next MATIC and leave everyone wishing they never sold. Just gotta be patient with these micro caps IMO. The MMs r ruthless and because the market is so small the whales can destroy...
This is not financial advice !!! This is Just Chart analysis !!!
SKL-BTC broke out at end of April, revisit apex/resistance now turned support and bounced back. Higher low on 4/12. Would like to see higher high to confirm. RSI broke out of down-trend, bounced off over-sold and on its way up, gaining strength. MACD turned positive. With all these positive signs, I think SKL is prime to break out soon... similarly SKLUSD is...
It seems to be breaking the trend line. Keep eye on it
Thinking this because the LTFs look a little extended, but weekly still strong AF my tp remains $1.24-$1.60 moon shot above $2
Charts look good for a reversal to the up trend, am still long and am expecting SKL to potentially double in the next few months.
SKL/BTC has been outperforming its USD and USDT counterparts. We look to be breaking out of our falling wedge, and if we can retest these levels as support, we may achieve liftoff.
On a log scale, Skale has a very distinct upward trend line. If it continues to hold, which it has for all of 2021 so far, we could see somewhere north of $3 by September. Also, we have a massive bullish divergence on the daily RSI, which is shown by that black dashed line. We are in a pretty big bull flag // descending wedge. If we breakout of it soon, we might...