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SKLUSDT.P trade ideas
SKALE Breakout targetsHi guys,
Hope you are enjoying the rally. I will be short.
I see Skale rising as confluence of the MA's has been coiling up.
First targets after triangle breakout are 0.78 to 0.87. and then further.
Trade at your own risk.
Not financial advice.
DYOR
Symmetrical on SKL Symmetrical inside a Symmetrical is the good stuff.
fibs ok, spacing ok, POC low, wave4, Spike clusters good
Good confluence with SKL / BTC pair
HUOBI good, OKEX bad, FTX bad, GEMINI bad
Skale, SKLUSDT breakout -pending confirmationHello,
Quick idea here:
The SKL/USDT pair broke above the diagonal resistance on daily, which is giving us a good buy setup today. Approximately 20% up to the previous high.
I'm just waiting for confirmation and 1 or 4-hour close above the horizontal line marked below:
Stop-loss below the 21-day EMA.
Cheers
SKL possible breakoutIt seems SKL want to break out and has strong support.
+ They announced that theres an upgrade coming at 19/04/21.
Source: twitter.com
### Not a financial advisor ###
Incoming breakout for SKL/USDTI can see there will be a triangle breakout for SKL. keep an eye on it, it has 3 support trend line, if it break all of them, it'll go to the moon.
SKL 4H Time Frame Inverse Head and ShoulderVery much likely we can see the head and shoulder and break of the triangle if the volume grows it has the chance to retest top of the channel
SKL forming a bullish pennant that could break to the upsideSKL needs to break the resistance and hold the line and not fall back below the resistance for an official break out. If it breaks the pennant to the downside then it might need some more time to consolidate but as of right now it is holding the support line.
Is SKL finally ready to breakout?Could be the end of a symmetrical triangle, maybe it'll finally go up, we'll see
PT1= 1$
PT2= 1.50-70$
SLK 4hI have no idea :))))))))
just I have been watching it to causes me to decide to open a short or long position
it's better if you want to watch it toooooo :))))))))))
