SKL/USD Could Scale 10x From Here - Extremely Oversold On the weekly chart, SKL/USD has been in a prolonged downtrend since its all-time high in 2021. However, the price is now in extreme oversold territory, as indicated by the Relative Strength Index (RSI).
Historically, such levels have preceded significant reversals, suggesting that the downside mo
SKALE Looking ready to fly!I do not use leverage. I am profitable for many years now.
Personally I wouldn't be going long. They have enough liquidity below to sweep already.
I am in a decent position and will definitely be buying more if we go lower.
I do believe an easy 4x is coming for SKL.
Again I would be weary about
SKALE looking pump ready I've been stackingDefinitely some liquidity to sweep below.
If I was playing with leverage I would wait for lower... Maybe below 0.035?
I only use spot. Targets going all the way above an 4x I believe will be hit.
Again this is a very dangerous time to be jumping into leveraged positions IMO.
NOTHING I SAY IS EVER
SKALE (SKL)SKALE, described as a modular blockchain network, is designed to bring scalability to Ethereum. SKALE is the only blockchain network capable of running an unlimited number of fast, on-demand, pooled-security Blockchains with zero gas fees to end users. These individual chains are known as SKALE chai
BUY ORDER SKLMost respected trendline zones.. upwards trendline going for 3 touch.. falling trendline broke and going for retest.. all fair value gaps filled on the bottom.. So we are going for inver H&S in to most respected support zone.. Also made Higher high so aiming for higher low on that zone...
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SKALE #SKL is positioned nicely versus Ethereumright in accumulation zone
which was a previous launchpad for good gains versus #ETH
can it do it again?
Well odds favour YES
and you have a well defined area/level that if you see skale breakdown on this ratio you can abandon the trade.
But I believe Skale can go on a Run
Gasless Gaming blockc
Its finally happening! (2-3x soon?) SKALE ADOPTION!ITS HAPPENING!
Skale is being adopted at a rapid pace.
Set up to take a huge chunk of the web3 gaming and in turn nft market.
its closest competitors are top 40 projects.
(immutable - optimism - etc. )
Watch this 100x this bull... Coming to a theator near you!
though on the short quick a
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 c
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