SKL
🔥 SKL Triangle ReversalSKL has seen some strong volatility over the last couple of weeks, starting all the way in February. Currently, the price has been consolidating for almost a month now, fabricating a triangle in the process.
Since the price appears to be reversing from the bottom support, I'd say we could see SKL moving towards the triangle resistance fairly soon, potentially targeting the ATH resistance in the coming weeks.
Happy trading!
SKL Analysis based on Elliott Impluse wave
I draw any wave by accurate fibo levels .
Hope you enjoy this Coin
If you like to enjoy more analysis just PM me in Telgeram messanger: @omid4628
SKLUSDT CONFLUENCE HOPIUMBINANCE:SKLUSDT 3 points of confluence. top of parallel channel, top of fib-extension, top of fractal.
chai if not e choke!
SKLUSDTHey.
SKL had an amazing breakout as I said it will. I hope you opened that position and gained your profits already.
But now it's getting rejected by the upper Bollinger Band and I don't see any safe positions for this coin for now.
I'm publishing this idea to let you know that it's not a safe coin to trade right now. there are no valid data for how it's going to behave right now.
Look for other coins. I know since it's the hottest coin on Binance right now some of you might FOMO, but don't.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
SKL, continuation or retracement?SKALE had a really good day today but looks to have retraced back from the .236 Fibonacci retrace level from the previous dip back to the .382 Fibonacci level and potentially could be forming the upper part of a forming wedge (dashed red line). This leaves a couple of options still on the table from the looks of it.
Option one is a continuation (which could easily be supported soon by MACD on the daily chart soon). However, there is also the possiblity that an ascending triangle could be starting (solid red lines) after which a small dip could occur over the next few days before heading up again (particularly if BTC dips), that is, assuming it doesn't continue downward beyond the bottom support (solid red line).
There at least look to be a couple of options upward for SKL at least, so it should be interesting to see how it plays out over the next few days.
🔥 SKL Triangle BreakoutAfter getting some crazy momentum a couple of weeks ago, SKL has seen a long period of losses/consolidation, losing almost 60% of its value in the process.
Yesterday, SKL finally breached this bearish period by breaking out of the triangle on the upper side, potentially starting a new bullish period.
Before entering, I'd wait for a small pull-back.
Happy trading!
SKL bullish patternSo, we have a falling wedge pattern here and it gives us this target. you could buy here or wait for the retest after breakout for more confirmation (top of the yellow line).
I marked the stoploss with the small red line and the target with the orange line.
SKL Triangle Break out Confirmed SKL Triangle break out confirmed and is going to pump over 100% in coming days.
Reasons:
1. Triangle break out with high volume
2. Perfect support Zone that is Marked in the analysis
3. Most of Indicators are in over sold zone and are returning
4. Good news until end of month (See on coinmarketcal)
SKL - Couple of ScenariosWhich pennant are we in? Blue with large upside or White? Keep in mind BTC dominance is falling and April could be huge for alts.
SKL - It will go to ATH again!Here's a quick look at SKL 4 hr chart. As we can see the price broke out from the bull pennant and did a retest and then broke through resistance. The next area of resistance is around 0.8$.
The idea is: Buy the retest of the level shown in the chart, and if it does not retest then buy the breakout from the are shown in the chart. Take profits at the level shown in the chart.
Targets:
1. 0.86$
2. 0.94$
Follow me for daily trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. BTC needs to get stable before alts can run. Trade safe!
$SKL - ready for another run $SKL🚀 - (1-3 days)
- About to test descending wedge (buy the break) ✅
- Volume on daily heading up and hourly ✅
- 4 days of support above the $0.68usd range ✅
- Golden Cross coming ✅
- Res ichimoku cloud thinning out, currently occupies a $0.02 range ✅
Enter at break or uptrend resistance $0.715-$0.735
Target 1: $0.77usd
Target 2: $0.88usd
Target 3: $1.02usd
Target 4: $1.12usd
Stop loss: $0.668
Potential gain: 61.67%
Potential loss: 4.36%
RR 1:14.13
Risk: low risk
Worst case scenario: SL is breached price could fall to the bottom of the wedge around $0.50usd in that case we would look for a buy - although on this trade a 4.36% is the most you would lose 🐳
SKL -90% gain- Breaking out of the fallign wedge
- Still need some volume to kick this one off, however;
- great discount with a strong leg up pending.
- target the 1.272 Fib ext.
Good luck!
free money1.38 high
.61 low
-45% change high
16%+ change low
SKL is expected to reach .94 in the upcoming week. You can feel free to panic buy at the top, or you can procure said asset below.
SKL possible breakout level SKL is breaking its downward channel. Bullish divergence on the 1H RSI and MACD; stable support on the .618 fib retracement lvl. Looking for confirmation and entry.
SKALE SKL/USDTred: 14 days cup and handle forming
green: a big h&s forming and down we go
orange: no comment :)
will be funny to see what it did in 14 days from now.
GL trading and guessing
SKL COINBASE EFFECTdrops coming like academy award winnerless nude actor peter north. $0.75 area could be good buys if SKL keeeps pAMPING UPS. Otherwizse... seee cat box below for LONG like once again mr. peter north.
