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SKLUSDT

Resistance support area of value on $SKL against $USDTPrice action has broken out as of April 5th with a pullback and retest of the bull flags upper trend line. At the moment price action is trading in the area of value where price has ranged for the most part since end of march. The area of value between 0,0726 and 0,0756 will require a move with volume to be broken as $SKL hasn't yet been able to leave the box. Once broken out look for a measured move anywhere between 60 and 80% yield in the course of the following days. Pressure building.
by AponSOKS1978
SKLUSDT (SKL) - BUY ENTRY ANALYSIS 🔎 - SKLUSDT is consolidating in the symmetrical triangle (ST) pattern. - Price is testing the symmetrical triangle's inclined support. - The minor downtrend was bounded in the falling wedge (FW) pattern. - Price brokeout above the falling wedge's resistance. - This is a bullish signal (bounce off the symmetrical triangle's inclined support). BUY ENTRY ⬆️ - Market price. TARGETS 🎯 - Symmetrical triangle's inclined resistance. SETUP INVALIDATION ❌ - Breakdown below the symmetrical triangle's inclined support.
Long
by Chibuike_Odoh
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