Hi guys, i hope you are okey. i bring you new idea about SKL.
we have a double bottom at 0.02$ as you can see in the chart. next move could give us a 300% mybe.
from 0.02$ to 0.07$
That is nothing compared with our previous higher price.
Maybe un a couple of months we can reach 0.30$ . from 0.02$ is a 15x
so... 1000$ today will be 15.000$ tomorrow.
Hi traders I found a good coin for an entry. It just right on the support level.
SKL (Skale) is a Layer1 coin that offers solutions to the blockchain problems.
Looking a the 4 hour chart, the RSI indicates that is currently oversold, and the price is sitting right on the support level, making it a good short term setup to take profit.
Entry point:...
💎 On June 10, #SKLUSDT discovered solid support at the 461.8% Fibonacci retracement level. Subsequently, the price embarked on a consistent uptrend, breaking free from the clutches of the downtrend trendline. This pivotal bullish breakthrough served as the initial signal for a potential upward movement, and it was followed by a bounce off the minor support at...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the SKL symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
We got the expected drop to new lower lows (see related idea), and current price actions look corretive (forming a bear flag).
There isn´t RSI divergence either.
Therefore I expect further lows soon.
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...
My primary count considers we're currently on green wave C of blue wave 4.
Not sure this wave was finished, since we didn't have a 100% extension on waves A-B (this is not mandatory, but is very common).
In any case, I'm bearish and expect another push to the downside soon.
Direction: Long
Market: Spot
Risk: 0.25% - 1%
#USDT_SKL
Exchange: BINANCE
Timeframe: 360
TP1: 0.03628
Entry: 0.0338
STOP: 0.03132
Entry Conditions:
| Trendline break
| Relative volume trendbreak and resistance break
Close to heading RV overbought and theres a risk of BTC being rejected at its current trendline, but I think we can catch enough volume...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the SKL symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SKL retested support line once again after false breakout of 0.046usd. According to Fibonacci line it is currently sitting on 0.78 level which seems wave 2 of main 5 wave.
I think we may see now wave 3 impulse from this point.
Sklusdt
Formed Falling in Wedge Pattern In 4h time-frame Incase Of Breakout Expecting 30-50% Bullish Move
Remember: We only give ldea's from our
experience and knowledge, it does not
mean that it will be 100% correct, the
market is always unpredictable, anything
can happen anytime.
Always trade with your own research and
knowledge. If You Are Satisfied With...
SKLUSDT recently experienced a false breakout from a static resistance level, indicating a potential trend reversal.
Currently, the market is testing the support level around $0.04. If the price fails to hold the support level, it could potentially drop further and retest the demand zone at around $0.035, where buyers are likely to be waiting to enter the...
