#SKL will need a few daysHi guys
if I'm correct, I believe SKL will need a few days to get back to 0.60 - 0.70
we will probably see some up and downs over the next days.
lets hope some whales can see the opportunity and help us out!
the market supply is so low for SKL... how I wish to see half of #XRP market cap down here...
SKL
Patience Always Pays OffWe are still in this huge descending wedge .
Stoch RSI is showing signs of an upward movment.
RSI is inching higher every day.
MACD seems ready for a cross and lower timeframes confirm that.
Volume is decent; however, for a solid move, we still need more.
I am still bullish on this coin.
#SKL if going up, same as #XRPSKL - We need to go out of the green triangle.
if this happen, we can probably see 0.45-46 between 00h and 2am (London time)
*not financial advice, please note we can still drop to 0.37-38 after 00H00 if we don't cross the 0.44 and hold support
XRP will need to cross 0.915 and hold support
🆓SKALE Network (SKL) May-28 #SKL $SKLSKL is moving down to 0.4$ zone again after being rejected from 0.6$ zone. 0.4$ zone is a good support for generating new rally up to 0.6$ zone again and 0.8$. But if it loses 0.4$ zone, it will have a decline to 0.3$ or even 0.2$ at mid June
📈BUY
-Buy: 0.39-0.41$ if A. SL if B
-Buy: 0.585-0.615$ if A. SL if B
📉SELL
-Sell: 0.585-0.615$. SL if A
-Sell: 0.78-0.82$. SL if A
♻️BACK-UP
-Sell: 0.39-0.41$ if B. SL if A
-Buy: 0.29-0.31$ if A. SL if B
-Buy: 0.19-0.21$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
SKL: THE BIG PICTURE ALWAYS HELPSWe're still stuck within this falling wedge in the 3D timeframe, and boundaries are respected.
To avoid FUD & FOMO always keep the big picture in mind.
When the breakout comes to pass, it will be parabolic. I have no reason to doubt. This wedge survived the worst. To the moon!
IF YOU'VE LOST CONFIDENCE IN SKL, BEAR WITH IT!Bullishness is still in the air regarding SKL.
This massive descending wedge is still true.
Hodlers will see the fruits of their patience.
Rash and confused investors will pay a heavy price. I won't sell a single SKL coin. It won't be long you'll see why.
1.2 - 1.5 is still my target FOR NOW. I might modify upwards!
SKL-BTC - prime for breakout!!!SKL-BTC broke out at end of April, revisit apex/resistance now turned support and bounced back.
Higher low on 4/12. Would like to see higher high to confirm.
RSI broke out of down-trend, bounced off over-sold and on its way up, gaining strength.
MACD turned positive.
With all these positive signs, I think SKL is prime to break out soon... similarly SKLUSD is nearing the apex of the triangle.
Target on chart.
Patience will be rewarded. Not financial advice. Good luck trading!