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SKALESKALESKALE
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SKALE

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SKLUSD trade ideas

1D SKLUSD: Whats poppin??As above. I'ma spend this holiday locked in My body got rid of them toxins SKLUSD broke local down trend and pumped up to low 0.4 range again. Needs more volume to break 0.5 level which has been recent strong local resistance level and if breaks this level, look for possible bigger bull run to start. 1D and 1W RSI look like they are trending up and still have plenty of room to move up, which is a good sign for some continuation with uptrend in these time frames. Will follow. Good luck traders!
BINANCE:SKLUSD
by Ambassadorj
SKALE will likely pull a NuCypher any day nowI clearly see multiple whale addresses that are using their holdings to suppress price to get people to sell. I'm very confident that these whales are done accumulating (as a lot of retail holders have sold out of frustration from the long consolidation period). So, I think what we can expect is an insane breakout past .50, past $1, all way to $1.8 - $2.5. The order books on exchanges are setup to give the illusion that there is resistance (just like it was done with NuCypher). While I have nothing against VCs, this is literally the exact play the investors did with NU. Who are the VCs in SKALE? Arrington XRP Capital, Blockchange, ConsenSys Labs, Hashed, HashKey, Multicoin Capital, Recruit Holdings and Winklevoss Capital. There is big money here in SKL -- you think they put in capital for small gains? Nope -- it's all been a game before the real price comes overnight (closer to $1.8 in my opinion).
COINBASE:SKLUSDLong
by ValueCryptoTrades
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