SKL Peaking Back into Bullish Trend - Upside if Above .48 HoldsIf SKL holds above the .48 mark, then we will see the continuation of the current uptrend pattern.
SKLUSD trade ideas
1D: SKLUSD Keep an eye on this coin! As above.
At top of channel trend line and may breakout.
MACD look to possibly cross but watch out for any BTC crash etc that might thwart SKLUSD effort.
Good luck traders!
SKL To pump Consolidation under resistance inside a ascending triangle while bitcoin is shitting is bullish anon. Don’t let anyone tell you different
back to 1$this is over due for a parabolic run back to ath. i dont know why there has to be a length on the description when making a call... nonsense TV but here it is
$SKLUSDSKL aka SKALE is the scaling solution for WEB3 apps on Ethereum. Imagine the Ethereum security and ecosystem with infinite scalability. Basically, $SKALE can make $SOL, $AVAX, $ADA and $BNB competition with ETH obsolete. SKALE mainet is out and projects are already building on it. So we are massively bullish on this project.
Here is a macro view with major resistance lines. Once those are broken, expect to see SKALE in top 20 coins, maybe even top 10. Enjoy!
Cup and handle forming hereIdea is for this to run to the 0.618 and get rejected at that fib level and for it to then form the handle of the pattern using the rising resistance line to flip as support.
Upward thrust from cup and handle would put us a little above the 1.00 fib in which case we will quickly come back down to test the 1.00 for support and then if support holds make a vertical extension to the 2.618
Possible that it could run all the way to the 4.618 again like it did last time but that is getting greedy.
Trend lines and support / resistanceJust some simple trend lines coupled with some support and resistance
SKL is AdvancingSKL/USD is advancing to upper Fibonacci target levels. Look for possible reconsolidation at 1.0 and 1.272% levels
My Preliminary Entry: .3660 on 8/22
Accumulated Gains Since Entry: 7.10%
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SKALE A 10Bagger In The MakingA new crypto asset with room to grow. This is a price projection using a combination of Elliott, Fibonacci and Gann Theories
Add Some to your PortfolioBeaten up too much yet the technicals are looking good lately. Plan to hold it for couple of months..be patient. Nice risk/reward too.
I am a noob, please don't hate. Inverse head and shoulders Just some simple trend lines, and resistance/support. There seems to be an inverse head and shoulders forming over the last 30 days with the head at the support line. If price breaks down we will follow the lower trend line, if price breaks above the trend line we should see an upwards trend. I am a total TA noob :P take this with a grain of salt if even that.
cup & handle next target .38height of the cup is the near term target, also fits a strong local support line
THE COINBASE COIN SKL HUGE EXPECTING FOR INCREASE TREND 50% +Hello trading friends,
With this update, we will explain the trend of SKL, and why it's a TOP Coin, and possible increase trend expecting, same time does your own study as markets can change by the daylight.
As the most know, we do time by time an update about expecting increase coin, and for this period we have choice SKL, this one more reason, the price action TA and market trends.
Data trends show that SKL has a huge chance to breakout including TA expecting on the chart. we have seen before increase trends that just took 2-3 days with 150% + into increase. we know that we don't should depend on historical trends, but we take it only as price action.
What next?
If the trend goes as it should go, we can expect in the short term an increase of 50% on SKL. that means at last 0,32+
Manage well your risk, this update means not that you should enter SKL, it is more about our trend expecting.
Have a great trading day.
Follow/like for more updates, thank you
SKL with possible 5x returnsIt's been sitting on support for a while and strength for the trending is picking up.
POTENTIAL BEARISH BATPossibly completing the "C". If so, reverse would to D would be a great return. But the macro sucks right now, so stop loss is key to minimize losses.
SKL (HYPER BULLISH)Taking a look at SKL, competitor to MATIC at a market cap aproximately 36X smaller then MATIC
SKL token holders have grown 50x in the last 4 weeks (many i am sure from coinbases promotion)
This is probably one of the most bullish predictions I have made. 9-16x (depending on time it takes us to reach this ascending resistance) This would be following in Matics footsteps at a much smaller market cap.
I'll check back in 50 days and see how this played out
