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SKLUSDT

SKLUSDT Analysis (LONGTERM)Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market and lower target: 0.38 - 0.5 - 0.58 - 0.7 after first target reached move ur stop to breakeven stop: under 0.25 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 6 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 your questions or suggestions.
Long
by trytofeelpositive
2
🚇SKL is approaching strong resistanceOver the last two months the price has entered and successfully bounced of area of support three times, creating some sort of triple bottom and validating its strength. It is now being supported by a local level (0.3144) and dynamic support(blue). The next expected move is to see the price break above 200MA, get rejected from key level (0.40), than consolidate on another local level for a while (0.3532) before next breakout attempt. In case of a dump we can expect the price to find support in the zone of strong support again (green area) Entry: buy at current price -- or buy once 0.3532 is claimed(buying under heavy resistance)-- buy later once major resistance is broken on a local pullback Targets: 0.3532 0.4000 0.4349 0.5140 0.6748 0.8470 1.0081 1.2533 --------------------- About SKL: SKALE is described as an elastic network that’s designed to bring scalability to Ethereum. As well as boosting transaction capacity, the decentralized project aims to reduce latency and ensure that payments can be made as cheaply as possible. The project’s website says it wants to enable people to build and run DApps in a “decentralized modular cloud built for real-world needs and configured for your requirements.” This emphasis on decentralization isn’t at the expense of security. According to SKALE, those who build on this platform can run Solidity smart contracts “thousands of times faster at a fraction of the mainnet cost” — with games and content streaming services among the projects that already take advantage of its infrastructure. Source: coinmarketcap
Long
by V0VOLAN
$SKLBTC forming triple bottom? Last time it followed 7x growth1. The last time SKL/BTC pair formed triple bottom it followed with 790% growth from the bottom of the bottom to the peak of a bull cycle. 2. Now SKL/BTC need to break above 610 satoshis to confirm the pattern 3. SKL has launched its main network and has a lot of bullish activity with many dApps integrating on top of it. 4. SKL/USD pair has already formed the triple bottom and is extremely bullish. 5. Given the BTC pair follows and BTC does the new ATH above 100k. 6. This would mean a really exciting rally for the SKLUSD pair potentially 14x up within a 30-90 days timeline. Hope you enjoyed the analysis. Happy trading.
Long
by YMX-Trader
2