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SKLUSDT

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
2
SKLUSDTHey. SKL had an amazing breakout as I said it will. I hope you opened that position and gained your profits already. But now it's getting rejected by the upper Bollinger Band and I don't see any safe positions for this coin for now. I'm publishing this idea to let you know that it's not a safe coin to trade right now. there are no valid data for how it's going to behave right now. Look for other coins. I know since it's the hottest coin on Binance right now some of you might FOMO, but don't. Good Luck 🎲 Tell me your ideas. Like and Share 🗣✅
by ShawnMCR
7
SKL - It will go to ATH again!Here's a quick look at SKL 4 hr chart. As we can see the price broke out from the bull pennant and did a retest and then broke through resistance. The next area of resistance is around 0.8$. The idea is: Buy the retest of the level shown in the chart, and if it does not retest then buy the breakout from the are shown in the chart. Take profits at the level shown in the chart. Targets: 1. 0.86$ 2. 0.94$ Follow me for daily trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. BTC needs to get stable before alts can run. Trade safe!
Long
by MBM_Crypto
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!
SLong
by MarkStPeter
SKL Potential break out - another beautiful falling wedge Looking to break out from somewhere inside the green box, as it corresponds with the previous high. The last pump came from SKL's Coinsbase listing and was somewhat explosive, and has had a week or so consolidation, and is now looking to break out again, as USA wakes up with their new stimulus checks in their accounts. A survey performed by the bank of America found that 20 - 30% of stimulus check will find their way to the stonk and crypto markets.... time will tell. Fib levels stated on the way up.
Long
by Luca7