COINBASE:SKLUSD
Have a big SKL position again after seeing FIB retracement levels hold very nicely at .58 and .62 with lots of buyers at these levels.
I'm personally seeing the 75cent level of resistance break very quickly once we break out from the downtrendline. This is barring any breakdown from BTC which would obviously throw things off if it happens...
*DISCLAIMER: I am not a financial advisor and this is not financial advice or a recommendation to buy or sell as these are purely my opinions and speculations. I may also own or trade (long or short) any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any...
Once Skale breaks out of this cup and handle within this falling wedge and retests it as support, we should see some very nice gains. Don’t grow impatient grow your money.
Skale has been the main crypto I’ve been focusing on lately if you follow my ideas. I’m excited by this volume right now. On the 4 Hour, we are seeing a very nice spike. We are within the handle of a small cup and handle and we could see a big breakout within the next few days (if Bitcoin behaves).
On the 4 Hourly chart, we have created a bullish divergence on the RSI. We have had a nice ABC correction after a nice pump and I now expect us to continue pumping and break out of this falling wedge. That lower 60 cent area would have been a great entry zone for anyone new to Skale. I have a good feeling about this coin.
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...
*DISCLAIMER: I am not a financial advisor and this is not financial advice or a recommendation to buy or sell as these are purely my opinions and speculations. I may also own or trade (long or short) any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any...
BINANCE:SKLUSD
Been tracking this project for a while now. Its been hammered harder than other small cap alts and admittedly I got in with a position at a higher than optimal price point at around $0.72. Using Binance chart because there's a longer price history.
In the next week, I'm leaning towards another BTC drop to $48-50k in the least with a potential...
As above.
Would like to see continuation above the 0.68 and then 0.73 levels to confirm trend reversal.
WATCH for BTC crash again thought that might foil any ALT plans!
