*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...
SKL has seen better days and so has crypto, with that being said, give SKL a few days to a week and we should move towards the top of the channel not trading advice tg
As above... SKL is chugging along with previous good support at mid 0.60 to low 0.7 and in a current uptrend. Need to overcome resistance at low 0.8 and 0.9 next and then look for continuation to $1 and above if breaks out of triangle! Will need continued increase in volume.. release the ALT bulls in please!!! Good luck traders!
Despite a very red day today, the EMAs point towards a bullish trend. SKL is seeing higher volumes and is poised to grow very well over the next few months. Let's see if i'm right ;)
SKL does a good break out and triangle broken upward, so I expect to touch the Target I signed In the chart! Wish you enjoy
SKL is forming a nice bull flag like many lower market cap coins; another one to keep an eye on as we move into full blown alt season tg
Very low accumulation volume. Apex of triangle approaching and BB tightening up. Are we there yet? Keep your buckle on!!!
short to intermediate term swing
As above. Looks like SKLUSD broke out of down channel that started end of March and will probably correct down a little after last bump up to mid 0.7 level. BB starting to squeeze again on lower 4H and 2H time frames so some price action imminent and 4H MACD looking like like going down. Hopeful upper 0.6 price range will hold and then trade sideways again....
SKL looks to be continuing an ascending triangle pattern as I mentioned before. If the pattern continues, it looks like the next few days should be something to keep an eye out for a breakout potential around .85 with some resistance around the 38.2% Fibonacci retracement level. If that resistance does break (dashed red line), it looks like there is good...
As above. Is attempting to breakout of down channel and MACD crossing. Will follow. Would like to see volume increase. Mid 0.7 to low 0.8 next target if uptrend continues. Good luck traders!
The patterns and fractals are unreal or is it simply my bullish imaginations? 🤔 As long as btc is bullish or range bound, SKL is looking to pop soon.
A close above the 50 EMA (4H frame) currently at 0.69, and the rocket should be blasting off. Btc just had a bull spike... it’s time for the Alts. Your patience will be paid off soon. Target 1 - 1.14 (Fibonacci extension of 1.0, Corresponding to the all time high) Target 2 - 1.5 (Fibonacci extension of 1.62) Cheers!!!
It seems that history will repeat itself. We have a trend and it looks that we are going to hit 0.89, then a small retraction before going up again. Now is the time to buy. Trade with caution. Not a financial advisor.
As above. Looks like decent support in upper 0.6 to lower 0.7 range. Sideways movement with some consolidation occurring. BB looking like they are squeezing and could see some price action soon. Would like to see increased volume, MACD crossover 0 line, and with push over 0.82 and out of upper resistance trend line in both the big down channel and the sideways...
Is SKALE a stablecoin now? The bot trading is getting out of hand lol
The similarities between prior and current SKL price movements are hard to overlook. Fractal!!! Let’s see how this play out. Blue drawing is my best guess.
This is just what I think, I hope it will pump earlier but it doesn't seem like it. This is no financial advice.