Sklusdtidea
SKLUSD could be ready to SKALE? (3 Trade setups)Summary:
Three potential trade opportunities as long as Bitcoin price action doesn't ruin the show.
Story:
SKLUSD has been following an upward channel since October 2023 and the recent pullback could be a good buying opportunity to enter or add to your stack. SKLUSD is an active blockchain gaming company that provides fast, gas-free transactions that is constantly engaging in new partnerships. Happy to hear what you all think of this idea.
- Possible 11% gain
- Price action could pop up the $0.1215 resistance
- RSI looks like it could bounce off the yellow dotted horizontal ray or yellow dotted line that identifies RSI lows
- Stoch RSI looks like we could see a move to the upside
- Possible 30% gain
- Price action could pop up to the top of the channel to around $0.14
- RSI looks like it could bounce off the yellow dotted horizontal ray or yellow dotted line that identifies RSI lows
- Stoch RSI looks like we could see a bounce off the support red line to the resistance
- Ambitious 56% gain
- Price action could pop up to the next highest resistance of $0.17
- RSI and Stoch RSI could break the upper resistance line and keep going
- If Bitcoin performs well, this definitely happen down the road.
- No crypto analysis is complete without correlating it with BTC price action. If BTC can maintain staying above the resistance line it broke through in the triangle formation, we could potentially see a move up to test the ATH
- Stoch RSI long look is bullish and as long as we stay above the Stoch RSI support line, good things can happen this year. Notice how the end of the ascending triangle is near the end of the year. Could this be when BTC rips even higher?
#SKL/USDT#SKL
The price broke the last bear flag since May 2022
The Moving Average 100 was broken to the upside strongly.
The price moves in two waves.
The price now is 0.06400.
The first target is 0.07850.
The second goal is 0.11690.
This rise is supported by breaking the descending triangle pattern and breaking the moving average 100 and the MACD indicator.
We may see some correction before completing the rise.
SKLUSDTBINANCE:SKLUSDT is still in bullish form and can touch higher targets until key levels are broken
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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SKL/USDT Looking BullishTRADE ALERT!SKL
Ticker: SKL/USDT
Entry: 0.0438 - 0.0446
Take Profit: 0.0483 - 0.0599
Stop Loss: 0.0404
Risk to reward: 1:2
Technical Thesis: It seems like SKL is on the verge of breaking out from a falling wedge pattern, indicating a potentially bullish trend. This breakout could lead to an increase in pump lines for SKL. Keep an eye on the charts for confirmation and potential trading opportunities.
SKL/USDT Break out the key level area ??? SKL Analysis Today💎 SKL has undeniably left its mark on the market. Currently, SKL finds itself in a pivotal zone, facing a resistance area. If SKL successfully breaches this resistance in the near future, it will be poised to continue its upward trajectory, with the probability of reaching our target zone, encompassing both the supply and major supply areas.
💎 Conversely, if SKL fails to break through the resistance, there's a possibility that it will return to testing the demand area at $0.0275 in order to generate fresh momentum.
💎 During this retesting phase at the $0.0275 demand area, SKL must either maintain this level or risk breaching the demand. Such an outcome would be unfavorable for SKL, indicating a shift back to a downward movement and a potential descent to the strong demand area.
Trade signal | SKALE (SKL) completed setup for upto 37.50% pumpHi dear friends, hope you are well, and welcome to the new trade setup of SKALE (SKL) with US Dollar pair.
Previously we caught almost 22% pump of SKL as below:
Now on a 4-hr time frame, SKL has formed a bullish AB=CD move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
SKLUSDT on weekly support and may head for next resistanceThe price was rejected from monthly resistance MR1 and came back to weekly support WS1. It broke that support for a while but it seems that it is on way to claim it back. This definitely opens the way for the price to again aim for the monthly resistance MR1. If anything goes wrong with this plan and price loses the WS1 zone again then next support we should expect is daily support DS1 and further down the weekly support WS2. For short term I have another idea which I will share in a separate post.
Skl | Trying To Breakout Sklusdt
Formed Falling in Wedge Pattern In 4h time-frame Incase Of Breakout Expecting 30-50% Bullish Move
Remember: We only give ldea's from our
experience and knowledge, it does not
mean that it will be 100% correct, the
market is always unpredictable, anything
can happen anytime.
Always trade with your own research and
knowledge. If You Are Satisfied With Our
Work Then Join.
SKLUSDT - Head and Shoulders Pattern SKLUSDT (12h Chart) Technical analysis
SKLUSDT (12h Chart) Currently trading at $0.0612
Buy level: Above $0.0617
Stop loss: Below $0.0444
Target 1: $0.0745
Target 2: $0.0908
Target 3: $0.115
Target 4: $0.150
Max Leverage 3x
Always keep Stop loss
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SKLUSDT Analysis (LOCAL VISION)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: 0.11 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
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.
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.
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.
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