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SKLBTC trade ideas

Skale | Very Early; Huge 888% Potential (Altcoins vs Bitcoin)I wanted to show you this chart recently but there were no signals, it was just too early. On top of the charts I follow my intuition, but I don't like to take it too far; I keep a balance. And so I decided to wait. Bitcoin has been weak and going down but we have a positive signal today. There is some bullish action. While this is nothing out of the world, small and short-term, this is more than enough to support the altcoins market to grow. If Bitcoin crashes too fast and too hard then the altcoins would stop recovering and suffer as well. This move we are seeing today is great, because it will support all the pairs we've been sharing in the past few weeks. โž– When Bitcoin grows 10%, the Altcoins grow 50-70%. โž– When Bitcoin grows 20-30%, the Altcoins grow 150-200%. โž– When Bitcoin grows 50%, the Altcoins grow 300-500%. If Bitcoin grows say 100% to 200%, the Altcoins can grow anywhere between 500% and 2,000%. Some go much higher as we know by looking at the charts from the previous bullish wave and past bull-markets... This takes us to Skale Network (SKLBTC); the bottom is in! ๐Ÿ‘‰ We have an easy target of +200%. ๐Ÿ‘‰ Do-able, within several months, this pair can grow beyond 545%. Growth potential is even higher long-term. Get ready and prepare for growth! The best is yet to come. Namaste.
Long
by MasterAnanda
1
โœณ๏ธ Skale Network Bullish Bias Confirmed (330% Wave Mapped)Here we can see a confirmation of MA200 as support which in turns confirms the long-term bullish potential of this pair, SKLBTC. Together with a bounce off MA200 we also have a strong/bullish RSI reading on the daily timeframe; 55.93. These are simple signals yet very strong. 100% bullish. We have two targets mainly for the short to medium-term, that is, expected to hit within 1-3 months. 1) A nice 100% potential at 0.00000224. 2) A great 330% potential at 0.00000477. Now, these are just projections and market conditions can always change. There can always be surprises, shakeouts and unexpected events that's why we plan our actions before we trade. Thank you for reading. Your time and support is highly appreciated. You are divine living spirit. Namaste.
Long
by MasterAnanda
2
โœณ๏ธ When You See This... Part 2This is why Bitcoin will continue growing as we all know based on many different chart signals, global financial events, market cycles and more. SKALE Network, SKLBTC, hits a new high today on really strong volume. It printed two neutral days as the rest of the market and today it continues with its previous wave. Corrections and retraces are normal. A correction/retrace ends in a higher low then prices continue higher, you can't expect things to grow in a straight line up. It is normal. This type of action is not seen when Bitcoin peaked and is set to crash, this is normally seen when the bullish wave is to be resumed. When it is set to continue. If the market were to crash forever and cryptocurrency die and burn, we wouldn't be seeing 2-3 digits growth on dozens and dozens of pairs, everything would be red instead. Namaste.
Long
by MasterAnanda
2
SKLBTC is trying to have a breakout ๐ŸฆSKLBTC is trying to have a breakout from the huge triangle. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order โ€“โ€“โ€“โ€“โ€“ Follow the Shrimp ๐Ÿฆ Keep in mind. ๐ŸŸฃ Purple structure -> Monthly structure. ๐Ÿ”ด Red structure -> Weekly structure. ๐Ÿ”ต Blue structure -> Daily structure. ๐ŸŸก Yellow structure -> 4h structure. โšซ๏ธ Black structure -> <4h structure.
Long
by InkyGrip
18
$SKL - SKL/BTC 4 - 10x incoming?BINANCE:SKLBTC is looking very bullish after closing the daily candle above a short term downtrend. 1. EMA20 crossing MA50 2. Close above short term downtrend and perfect retest 3. Triple bottom formed and getting confirmed currently 4. Price should minimum hit 740 sats which is level of MA200 5. SKL is one of the best technologies to achieve scalability for ETH ecosystem without compromising security. 6. As far as fundamental and technical analysis go SKL could hit top 30 in mcap which means potential beyond 10X, anything less and the project in undervaluated. We are highly bullish on this project. This is not financial advice. Happy trading.
Long
by YMX-Trader
1
$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/BTC buy opportunityHi followers, SKLBTC I really like this one, beautiful rounding bottom formation, long period of consolidation and power accumulation. We can see already higher lows forming, confirming the beginning of a new up trend potential. Don't forget to manage your risk! ๐Ÿ‘Œ Good luck and trade with care ๐Ÿ™ If you like my content - ๐Ÿ‘ Like, ๐Ÿ’ฌ comment, ๐Ÿ‘† follow and ๐Ÿ‘‰ share! โ—โ—โ— Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
Long
by FradkinXBT
SKL-BTC - prime for breakout!!!SKL-BTC broke out at end of April, revisit apex/resistance now turned support and bounced back. Higher low on 4/12. Would like to see higher high to confirm. RSI broke out of down-trend, bounced off over-sold and on its way up, gaining strength. MACD turned positive. With all these positive signs, I think SKL is prime to break out soon... similarly SKLUSD is nearing the apex of the triangle. Target on chart. Patience will be rewarded. Not financial advice. Good luck trading!
Long
by EtherSwinger