BINANCE:SKLUSDT is still in bullish form and can touch higher targets until key levels are broken
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TRADE ALERT!SKL
Ticker: SKL/USDT
Entry: 0.0438 - 0.0446
Take Profit: 0.0483 - 0.0599
Stop Loss: 0.0404
Risk to reward: 1:2
Technical Thesis: It seems like SKL is on the verge of breaking out from a falling wedge pattern, indicating a potentially bullish trend. This breakout could lead to an increase in pump lines for SKL. Keep an eye on the charts for...
Sklusdt
I anticipate SKL's price to potentially reach new highs soon. A bullish move of 50-100% could be on the horizon in the coming days. Remember, this is not financial advice. Conduct your own research before making any investment decisions.
The price was rejected from monthly resistance MR1 and came back to weekly support WS1. It broke that support for a while but it seems that it is on way to claim it back. This definitely opens the way for the price to again aim for the monthly resistance MR1. If anything goes wrong with this plan and price loses the WS1 zone again then next support we should...
Sklusdt
Formed Falling in Wedge Pattern In 4h time-frame Incase Of Breakout Expecting 30-50% Bullish Move
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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...
