SKLUSDT
SKL Network is primed for a trend reversalThe Skale network may be primed for a trend reversal or corrective price pullback above 0.2$
The RSI indicates that Skl is preparing for pullback toward 0.25$.
Skale network Relative strength index regaining some ground after recently falling below RSI 40 and i think if Rsi could will go above 52 the price will resume running toward upward.
SKLSKL / USDT
(Binance Futures)
On 4hr timeframe, SKL formed a bullish gartley harmonic pattern where in CD is at least a 0.786 retracement of leg XA. The patern is a reversal of cd move so the expected outcome from the D point is bullish.
Target profits: B, C, A phase.
Safest EP: D phase ( 0.20456 -0.21256) pero If meron other confluences si SKL pwede magenter kahit hindi sakto sa EP. Anyways, use low leverage 5 to 15 all goods na.
SKLUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 0.2 and 0.25
after first target reached move ur stop to breakeven
Stop: 0.11 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
skale network - long chart trend (skl) Breakout?Hello trading friends,
This is a small view update for the possible trend for long on SKL with the possibility of a breakout.
Know that sometimes coins increase, but after that, it goes into recovery - for this reason, the place always good sl on any study coin you have done.
Data:
SkL looks interesting and the time frame should confirm a coming time or this are only for a small-time or longer time.
It's also not a bad idea to wait on recovery trends or a re-test on further levels.
Know that fast handling and just entering the market could bring some into losing - study the trend well and take time - there is no hurry to make always directly an action.
And the market is very big 24/7 open. study your setups, and check which markets are good for you.
Trying to check the best possible time frame coins that have possibility to increase depending on more data trends.
Have a great day.
This is not a trading call - manage always your risk.
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skl long or short?Black Mountain Analytical Team:
skl 3 possible scenarios
Wait for the price reaction to the area and zone.
We will wait for the price reaction to the Resistance line and the static Resistance range. After the price reaction, we can enter.
We are currently monitoring it to catch it in the first price movements.
TREND LINE-Resistance area
SKLUSDT Analysis (falling wedge looks completed)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 0.2 and 0.25
after first target reached move ur stop to breakeven
Stop: under 0.12 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
SKALE Network (SKL) Buy ZoneSKALE Network (SKL) Buy Zone
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BIAS
Long-Term : Bullish
Risk : Low
With a low of SKALE Network has just retested one of our deepest mid term support zone at lower entry where buyers prevented it from going any lower.
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$SKL/USDT SPOT SETUP
Entry Price : 0.194 - 0.207
TP 1 : 0.2175
TP 2 : 0.2315
TP 3 : 0.2515
TP 4 : 0.2828
TP 5 : 0.316
TP 6 : 0.367
TP 7 : 0.3888
TP 8 : 0.437
Stop Loss : 0.165
*Stop Loss - SKL daily close below 0.165
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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SKLUSDT False Breakout wait for BuyzoneFalse Triangle breakout now on weekly support and going towards monthly support.
BuyZones:
0.28 (Major Support, 1M Support) (Buy Zone) 0.2650 (Buy Zone) 0.25 (Buy Zone) 0.24 0.2075 (Buy Zone) 0.19 (Buy Zone) 0.18 (Buy Zone) 0.1530 (Very Strong Major Support)
Take Profits:
0.38 0.4450 0.50 0.57 0.67 0.72 0.82
StopLoss:
15%
Legend:
🔴 Pink Structure -> Monthly Structure.
🟣 Purple Structure -> Week Structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4H structure.
⚪ Grey structure -> 1H structure.