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SKLUSD trade ideas

SKL - UP 70%!Loved it before the crash, love it as it breaks out of down trendline! The SKALE Network token (SKL), is a hybrid use token that represents the right to work in the network as a validator, stake as a delegator, or access a share of its resources by deploying and renting an Elastic Sidechain or Elastic Blockchain for a period of time as a developer. It serves as the built-in instrument of transfer for facilitating four main functions: 1. Security of and staking in the network. SKL token holders (delegators) stake their SKL tokens to validators who run nodes that make the SKALE network function by validating blocks, executing smart contracts, and securing the network. They are rewarded with SKL tokens for their efforts. 2. Payment method for SKALE Chain subscription fees. Developers purchase their subscription access to elastic blockchains (S-chains) using SKL tokens. 3. Rewards for validators and delegators staking their tokens. Rewards are accumulated monthly, based on fees paid by developers for chains and monthly inflation of tokens into the network. 4. Governance and voting. SKL tokens will be used for on-chain voting, which will control all economic parameters of the SKALE Network. ---------------------------------------------------- Which coins to buy? If you want to understand the functionality and effectiveness of each coin, please let me know! Please message me for the top altcoins each week- track my success Please message me for information on the latest (ICOs) Initial Coin Offerings; How to buy altcoins before they are tradable.
COINBASE:SKLUSDLong
by ManhattanBeachCapital
SKL - BREAKOUT IMMINENTCOINBASE:SKLUSD Have a big SKL position again after seeing FIB retracement levels hold very nicely at .58 and .62 with lots of buyers at these levels. I'm personally seeing the 75cent level of resistance break very quickly once we break out from the downtrendline. This is barring any breakdown from BTC which would obviously throw things off if it happens (knocks on wood). Not all that worried about that happening right now though because I'm also bullish on BTC again after its been overshadowed by ETH and BTC Cash the past week. BTC's been trading sideways for the past month and I think we could at least retest the 65k ATH soon. There's a potential to go back down to .58 but at this point the setup is too good to not be long IMO. Hopefully I'll see you guys at $0.85+ again very shortly :)
COINBASE:SKLUSDLong
by CaffeinatedCryptoo
5
BTC NU SKLUSD Technical Analysis & Predictions 5/6/21*DISCLAIMER: I am not a financial advisor and this is not financial advice or a recommendation to buy or sell as these are purely my opinions and speculations. I may also own or trade (long or short) any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
BINANCE:SKLUSD
by CryptoRush_