right in accumulation zone which was a previous launchpad for good gains versus #ETH can it do it again? Well odds favour YES and you have a well defined area/level that if you see skale breakdown on this ratio you can abandon the trade. But I believe Skale can go on a Run Gasless Gaming blockchains are very much needed if #Crypto is to succeed in bringing...
#SKL The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern We have a bounce from a major support area in green at 0.03500 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based...
LSE:SKL ▯ŝ #SKL will be a good long term investment from $0.047 #SKALE #SkaleNetwork
SKLUSD has recently experienced a pullback below its crucial support zone, as highlighted in the chart. This movement indicates a potential shift in market sentiment. Typically, a pullback under a support zone, especially when sustained, can signify weakness and increased selling pressure, hinting at the possibility of further declines. This breach suggests that...
It's a scaling solution. It has a big gaming component. It's a low cap. all the ingredients necessary for the possibility of delivering outsize gains.. Let's get to the halfway point and assess the likelihood there.
💎 Paradisers, #SKL is indeed a coin worth monitoring closely. 💎 It rests on a crucial support area and needs to bounce from here to sustain its upward movement. If the bounce proves successful, SKL may retest the resistance around $0.104. 💎 This level holds significant importance as a confirmation point for the bullish trend. Breaking above this resistance is...
GameFi GameFi is a combination of gaming and decentralized finance that combines blockchain technology, NFT (non-flammable tokens), DeFi (decentralized finance), and the play-to-earn (P2E) model to create a unique gaming experience. This innovative approach lets players enjoy the game and earn real money through in-game actions and assets. At its core, GameFi...
💎Paradisers, #SKL is gearing up to retest its ascending support and we're expecting a potential correction. 💎If it drops below, we'll seek a retest to confirm bearish momentum before making our next move. Observations show #Skale charting lower highs and lower lows coupled with decreasing volume hinting at a loss of momentum. If #SKL maintains support at $0.071...
💎 Paradisers, the recent market movements of #SKL have caught our attention. Currently, SKL is encountering resistance, with a breakout needed to reignite upward momentum. 💎 A successful breakout could propel SKL towards our target area within the supply zone. 💎 However, if SKL faces rejection at this resistance level, a retreat to test the support trendline is...
SKL's bullish Diametric seems to be over. Now we are at the end of the G wave of this diametric, which is the last wave of this diametric. We expect SKL bearish waves to start soon. We have two important targets on the chart. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget stop loss and...
Summary: Three potential trade opportunities as long as Bitcoin price action doesn't ruin the show. Story: SKLUSD has been following an upward channel since October 2023 and the recent pullback could be a good buying opportunity to enter or add to your stack. SKLUSD is an active blockchain gaming company that provides fast, gas-free transactions that is...
BINANCE:SKLUSDT (1D CHART) Technical Analysis Update SKL is currently trading at $0.08978 and showing overall bullish sentiment after forming saucer pattern As you can see in the chart, SKL formed saucer pattern previously and had a nice long trend after the pattern, Currently it formed the exact same pattern. We are expecting the price to move in the same way....
In the daily time, after the floor in the range of 0.019, it has entered a motivational upward phase, which is facing a correction with the failure of the dynamic trigger and the specified supply area, which is supported in the green box area where a break has occurred. It will grow up to the next supply area. Otherwise, it can continue up to the range of the...
SKLUSDT(SKALE Network) Daily timeframe range. PA is pretty simple here. its trying to stay above 0.09891. which could keep it afloat of course that depends on retail interest. keeping above 0.09891 can lead it to 0.13137.
#SKL The price broke the last bear flag since May 2022 The Moving Average 100 was broken to the upside strongly. The price moves in two waves. The price now is 0.06400. The first target is 0.07850. The second goal is 0.11690. This rise is supported by breaking the descending triangle pattern and breaking the moving average 100 and the MACD indicator. We may see...
In examining high timeframe setups for SKL on Coinbase, I was initially drawn to the notable trading volume, a key indicator of market interest and potential trend shifts. Upon further analysis, an Adam and Eve pattern emerged on the chart. This classic pattern in technical analysis signals a potential reversal from a downward to an upward trend. It features two...
💎 Paradisers, get ready for a lucrative trading chance with #SKLUSDT, firmly placed in a vital support zone and hinting at a possible bullish shift. 💎 As we explore #SKL's path, it's climbing from a key support level at $0.09818. Maintaining this momentum could highly increase the chances of a bullish journey, especially as we've observed resistance transforming...
💎Paradisers, let's explore the dynamics of #SKLUSDT, where the landscape is ripe for a potential bullish rebound from a pivotal support area. 💎Reviewing #SKALE's trading activity, we observe a profound 80% reduction from its top. Yet, the tenacity at the $0.06310 support level hints at the possibility of an ascending movement. 💎The challenge of reaching new...