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SKLUSDT

🚇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
SKL/USDT TRADE SETUP! READY TO GO ATH!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this SKL/USDT update, SKL looks good here. It already broke out from the symmetrical triangle and currently retesting it. This is the best time to accumulate for huge gains. Entry range:- $0.33-$0.38 Target1:- $0.48 Target2:- $0.62 Target3:- $0.8 Target4:- $1.2 Target5:- New ATH SL:- $0.28 If you like this idea then do support it with like and follow. Also, share your views in the comment section. This isn't financial advice. DYOR before investing. Thank You!
Long
by CoreCrypto1
SKLUSDT AnalysisHello 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 after first target reached move ur stop to breakeven stop: ~0.25(depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 5 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! Will be very APPRECIATE FOR UR DONAT/coins :) Open to your questions or suggestions(Looking for investors!).
Long
by trytofeelpositive
9
SKL/USDT { SKALE NETWORK } - BULLISH SETUPANALYSIS 🔎 - SKL/USDT brokeout above the double bottom neckline resistance, hit a swing high and retraced. - Price is retesting the key fibonacci retracement zone (0.618 - 0.702 - 0.786) and the double bottom neckline resistance. - There's a relatively high concentration of buyers at this zone (high buying pressure). - We could be on the verge of the uptrend continuation. BUY ENTRY ⬆️ - Conservative entry: breakout above the horizontal resistance level (@0 3790). - Aggressive entry: key fibonacci retracement zone (0.618 - 0.702 - 0.786). TARGETS 🎯 - Horizontal resistance level (@0.4890). - Fibonacci extension level 1.0 (@0.5583). SETUP INVALIDATION ❌ - Breakdown below the previous swing low formed before the breakout above the horizontal resistance level (@0 3790).
Long
by Chibuike_Odoh
1
SKLUSDT 4H long setup; Perfect W-formation neckline retestTA explained SKL formed a huge W-formation and retested the W-neckline on the pullback. Price is bouncing on the 4H 50 MA which also aligns with the Golden Pocket. Targets align with the extended fib levels calculated from the current pullback. Trade setup Best entries: 0.329910 - 0.345500 TP1: 0.45880 TP2: 0.53836 TP3: 0.62286 SL: 0.30903 RR: 10.11 Max leverage: 2 ————— MDSquared Crypto Lounge ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose (of course)
Long
by MattieDsCryptoLounge
SKLUSDT Daily TimeframeSNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL. ENTRY PRICE BLACK COLOR MOST PROBABLE SCENARIOS TARGETS GREEN COLOR LEAST PROBABLE SCENARIOS TARGETS RED COLOR TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE. DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING. It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave. The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe. Consider those points and you will have a huge advantage in the market. There is a lot more about this strategy. It can predict possible target and also give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts. START BELIEVING AND GOOD LUCK HADIMOZAYAN
Long
by hadimozayan
SKL/USDT TRADE SETUP!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this SKL trade setup. SKL looks very promising here. Currently, it is trading inside a bull flag and also a big falling wedge pattern. So as soon as this breakout it will give us sweet profit. So I'm buying some here with low leverage (3x-5x). Entry range:- $0.304-$0.332 Target1:- $0.3610 Target2;- $0.3840 Target3:- $0.4020 Target4:- $0.4260 SL:- $0.2816 If you like this idea the do appreciate it with your like and follow. Also, share your views in the comment section. This isn't financial advice. DYOR before investing. Thank you!
Long
by CoreCrypto1
9