SKLUSDT
SO THE JOURNEY BEGINS! SKL IS BACK!MAs are perfectly lined up to support a massive upswing.
SKL has explored lows like no other. Enough is enough!
A double bottom formation spells positivity.
MACD is back up to create the right setup.
RSI is poised to move into upswing territory.
Buckle up folks! Buckle up!
A Beautiful Bullish DivergenceOn the 4 Hourly chart, we have created a bullish divergence on the RSI. We have had a nice ABC correction after a nice pump and I now expect us to continue pumping and break out of this falling wedge. That lower 60 cent area would have been a great entry zone for anyone new to Skale. I have a good feeling about this coin.
Sklusdt beautiful Fib and Breakout ExpectedSklusdt is currently in a downtrend channel 🔻which hasn't broken yet and lying in 0.7 fib level. If this coin breaks the downtrend we will be entered in 0.618 fib level which is the important level in fibs. Here we have 0.618 fib as well as breakout 👌 the channel so after that it is likely it will break the resistance 🔥as well. After resistance breaks enter in it with a long/buy position and we will get a nice profitable trade 🤑💵💰🚀
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SKLUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour timeframe. Those who have this currency can make a profit on the ceiling of the save channel, and if the channel stabilizes above, they can start buying for high targets.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Can SKL continue this parabolic trend line?On a log scale, Skale has a very distinct upward trend line. If it continues to hold, which it has for all of 2021 so far, we could see somewhere north of $3 by September. Also, we have a massive bullish divergence on the daily RSI, which is shown by that black dashed line. We are in a pretty big bull flag // descending wedge. If we breakout of it soon, we might see $1+ by June.
SKLAs u all know if you follow my trades I am long SKL. It was the only Alt coin I kept open after Aril 13th. I tweeted that the top was in on alt coins and actually fomo ed back in B4 realizing that I was right I basically missed the top by few %. This was big for me b c I been trading crypto for many years and have always been super greedy, and kept adding my winnings into new trades or just HODLed up then back down. I would tell myself I like this coin or that coin and am holding for years.
I do keep LT alts but once I changed my perspective on alt coin trading was when I actually made a nice return and kept it.
You see the money isn't real until you actually sell into USD or whatever currency you trade with and then keep it and don't put the winnings at risk.
Anyway I will get off my soap box here and say I held SKL up to .83c and back down to where we are today. I even knew .83c was the top. But I did this because I wanted to be in a trade and was still kinda 1/2 new big mike taking profits like a boss and 1/2 stupid big mike making Noob mistakes.
But I also didn't think we would get this wrecked since I pulled my cash out.
If you look at my old analysis on SKL I had this alt in a triangle with fib extension from the .53c lows in Feb.
Now I can see the pattern we are in and I think it is more of a falling wedge and I am still expecting a big push for SKL b c I feel it is lagging.
How is it lagging Big Mike? look at the weekly Stock RSI on most Alts vs USD & VS BTC and the weekly charts r coming out of overbought or still in overbought.
But SKL (also ADA) r currently in oversold and have yet to have the big push. Anyway that is my theory you guys should always DYOR.
SKLUSDT (21.04.2021)On the 1D chart, the price found support at $ 0.5, forming a false breakdown downward.
At the moment, an initial growth impulse has been formed on the H4 chart, where the price has already crossed the downtrend line.
We recommend buying SKLUSDT in order to hold a long position to the $ 0.93 level and with a stop loss at the local level for the H4 chart.