🔥 SKL Channel Bounce

SKL has been trading in a downward sloping channel for over two months now. Amazingly enough, the channel support held during yesterday's sell-off, potentially marking a strong reversal in the short-term.

Long term target would be the $1 resistance.

Happy trading!
Bitcoin (Cryptocurrency)BTCChart PatternscryptoTechnical IndicatorsParallel ChannelSKLTrend Analysisusdt

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