SKLUSD trade ideas
I just don't knowdoing it be good? Or doing whales maybe they do the most and shunt us thee peons?
You be the judge, and best of the luck to.
Smile either way because like the happy sad meme guy it is our crypto world that is the sad. Pretend to be happy. Thanks SKL for making me pretend to be happy.
This is a homage to the great trolls of the industry, who are pulling the strings of our lives while we try to technically analyze it, in vain. Godspeed brethren.
0.50 again & 0.70 eventually if
A retracement wicking the .39 zone before it keep going up remains a eventuality. But a low supply volume at that zone, as well of having it remaining upside the 0.41 area, is signs that all that demand is maintaining dominance. And make me aim at .48 as a secure target zone. And a demand staying in control & break upside the area would make look for it going to .60.
overall, has been & still moving really clean, having price making HH on continued overweighting demand volume.
On weekly
Daily
Moved from the .21 area on a channel to the upside, having that channel expending. Showing more and more volume coming in. Movement that currently is happening is being the retracement of the HH from 0.30 to 0.50. And even if it did retrace almost 100% of this HH, it did show still an important presence, not breaking that last HH.
$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.
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%
*Do you like big wins and big money? Do you have strong hands and patience?
I'm a full-time Wyckoff VSA crypto swing trader (since 2017) and I regularly seek out the most lucrative swings available on all the major exchanges.
All my charts are clean, straightforward, and easy to follow. No junk, no needless indicators, just solid volume spread analysis ( VSA ) and 'take-the-money-and-run' Fibonacci target zones.
My win rates are between 80-85%. Follow me on TradingView and see for yourself.
I review over 300 coins & tokens daily and handpick all the runners myself (no bot signals).
** Not financial advice. Please trade at your own risk.
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.
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