SKALE Network Takes Off | Patience Pays (500% Potential Remains)This is another one of the Altcoins we trade...
Clearly, being patience pays.
We have a bullish breakout for SKLBTC but it has been over a month since we jumped in...
11-February 2022 | SKALE Network Long-Term Higher Low (500%+ Potential Profits)
Can't you see?
Patience is key
Namaste.
SKL
skale network - long chart trend (skl) Breakout?Hello trading friends,
This is a small view update for the possible trend for long on SKL with the possibility of a breakout.
Know that sometimes coins increase, but after that, it goes into recovery - for this reason, the place always good sl on any study coin you have done.
Data:
SkL looks interesting and the time frame should confirm a coming time or this are only for a small-time or longer time.
It's also not a bad idea to wait on recovery trends or a re-test on further levels.
Know that fast handling and just entering the market could bring some into losing - study the trend well and take time - there is no hurry to make always directly an action.
And the market is very big 24/7 open. study your setups, and check which markets are good for you.
Trying to check the best possible time frame coins that have possibility to increase depending on more data trends.
Have a great day.
This is not a trading call - manage always your risk.
#If you like the content leave a like and follow - Thank you
SKALE Network Long-Term Higher Low (500%+ Potential Profits)We have a long-term higher low for SKALE Network (SKLBTC).
Compared the low from January 2021 to January 2022 and the signal is in...
We have a falling wedge followed by a bullish wave.
Currently, we have a bottom pattern followed by prices moving above EMA50 and EMA10.
Additional details with the 100% to 500% potential targets are mapped on the chart.
Thank you again for reading.
Namaste.
skl long or short?Black Mountain Analytical Team:
skl 3 possible scenarios
Wait for the price reaction to the area and zone.
We will wait for the price reaction to the Resistance line and the static Resistance range. After the price reaction, we can enter.
We are currently monitoring it to catch it in the first price movements.
TREND LINE-Resistance area
SKALE could make a jump from hereLooking at the long term downtrend (white lines) and the short term lines, SKL hopefully will hold above the green ascending line as BTC finishes it's consolidation. Once the BTC crowd calms down maybe the alts can confidently grow, with SKL primed as a candidate for some major gains. Right now it seems like it's in limbo, but any dips from here most likely will be very short lived, in my hardly-educated opinion. Good luck and wishing you all success.
SKALE Network (SKL) Buy ZoneSKALE Network (SKL) Buy Zone
--------------------
BIAS
Long-Term : Bullish
Risk : Low
With a low of SKALE Network has just retested one of our deepest mid term support zone at lower entry where buyers prevented it from going any lower.
--------------------
$SKL/USDT SPOT SETUP
Entry Price : 0.194 - 0.207
TP 1 : 0.2175
TP 2 : 0.2315
TP 3 : 0.2515
TP 4 : 0.2828
TP 5 : 0.316
TP 6 : 0.367
TP 7 : 0.3888
TP 8 : 0.437
Stop Loss : 0.165
*Stop Loss - SKL daily close below 0.165
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
--------------------
🆓SKALE Network (SKL) Dec-9 #SKL $SKL
.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.2$ zone
🔴Buy : 0.2
🔴Sell : 0.26 - 0.3 - 0.4
📈BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.2$ zone
🔵Sell : 0.2
🔵Buy : 0.16 - 0.14
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section