SKLBTC - Fundamentals, Short-time frame & Price expectations!Hello TRaders,
Take a look at the short time frame. There's a double bottom spotted on the chart and oscillators. As well as a cross forming on the MACD.
We should see a small bounce to the upside over the next couple of days.
If it can hold above the EMA's, we may see a reversal.
Price is almost at the same price point as when it was listed on Coinbase.
Fundamentally, we have a lot of great announcements coming out over the next 30-60 days. There are going to be new staking options, integrations, subgraphs development, and interchain messaging.
SKL is the #18 top smart contract project on coinmarketcap, in terms of market cap. The newly added staking should help to give it a boost to the number #15-#12 spot on top Smart Contracts. This would be an estimated market cap of about $1.5 Bil. - $675 Mil. Putting the price at: $2.27 - $1.02
You can take a look at some of the articles here: coinmarketcal.com
Thanks!
SKLBTC
SKALE FROM 0,30 to 1 usd! --> Skale chains on way Its time! NO1Hello traders,
Developers will start paying cost for using Skale chains. Then they can deploy games, DeFi, social media apps etc to there
this will be ready into this week with max next week.
Expecting long term trend from 0,19 to 1 usd + trend.
WATCHTREND NO 1 token at this moment
We expecting soon the first breakout to 0,60 from there a follow to 1 usd trend.
The CC supply will allow this, as its very low
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
💡SKL: BUY Trade🚀🚀🚀🚀🚀🚀 #ALTSEASON2021📈#SKLUSDT
➡️Entry: 0.28500$
🎯Target 1: 0.34200$
🎯Target 2: 0.40000$
🎯Target 3: OPEN
SKL/USDT (Bearish Triangle Pattern?)💎Technical Analysis Summary💎
BINANCE: SKLUSDT
-The price action is technically bearish for the last 7 days
-We can see a series of Lower Highs and flat area of support
-This is not a good sign, because this support becomes weaker over time
-Most of the time, this triangle breaks to the downside
-Please be cautious and always to follow your stop loss
⚠️Please always read the description⚠️
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Not Financial Advice 💸
Please Exercise Risk Management 💱
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SKLUSDT - Potential breakdown 🔽SKLUSDT is printing a descending triangle pattern on the 2H timeframe.
Sell entry ⬇️ - breakdown below the descending triangle horizontal support.
Target 🎯 - fibonacci extension levels / projected descending channel support.
Setup invalidation ❌ - breakout above the descending triangle inclined resistance.
Skale Resistance break | Swing Setupprice break the resistance and trading above it's good time to accumulate small amount of skale token around 0.14200 below
Buy : 0.14200
Stop : 0.11480
Target : 0.15 , 0.158 , 0.165 , 0.18 , 0.2
