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SKL / TetherUS

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SKLUSDT trade ideas

Alikze »» SKL | Wave 3 or rising C scenario - 1W🔍 Technical analysis: Wave 3 or rising C scenario News: SKALE to Participate in Sawadee Web3 Gaming in Bangkok on November 12th - It is moving in an upward channel in the weekly time frame. - It is currently in the Support Zone with the formation of a higher floor. -The previous corrective wave has completed a full cycle in the Support Zone. 💎 Considering that the previous correction wave corrected the previous wave by 0.23 fibo and a higher floor was formed, if the candlestick is confirmed in the weekly time frame, it can enter the broken structure first by breaking the trigger line and then pullback. Ascending phase. 💎Therefore, if there is no stabilization below the area, the scenario of wave 3 or rising C with the specified targets will be accessible. ⚠️ In addition, if the Support Zone or Fibo 0.23 of the previous wave is broken, the bullish scenario will be invalidated. ⚠️ »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:SKLUSDT
Long
by alikze
SKL Trying to find supportChart Request on today's show Recommend waiting for a GREEN 4hr candle to close above 0.03850 before entering Small Market Cap 213M AI / Layer 2 / Gaming looks like price action wants to hold support at current level but remember to be patient very tight stop loss incase price retraces a significant amount if price breaks below 0.03850 then set alert at 0.04038 and follow recommendations ( on chart ) Not Financial Advise - Entertainment Purpose Only
Long
by TradeIntuition
Skale Huge Growth Potential Without ATH = 2,126%, With ATH...Skale Network (SKLUSDT) was one of the Altcoins that peaked early in 2021, the All-Time High was hit in March which is eight months before Bitcoin. Currently we are seeing on the chart a higher low after the initial recovery wave of 2023. It might be just a tad early but we are already in bulls territory because the All-Time Low isn't likely to be challenged nor to break. A higher low is more probable if there is another drop. If there is any type of bullish action between now and October, then a correction in November would certain produce a higher low. We can see some consolidation between December 2024, January/February 2025 and then fast growth. This is the map for now. If things develop different, we adapt to the market rather than fight the change. Without looking at a new All-Time High, SKLUSDT can grow by 2,126% if it reaches as high as 0.7838. This is definitely do-able in 2025. Seeing the chart, a new All-Time High is possible and this is a strong pair. We are talking about a target between 5,000% and 9,000%. Pretty high I would say. This is a pair to keep on mind. It might turn out pretty good. See you next time. Namaste.
Long
by AlanSantana
2
SKL bull run planSkale usdt pair targets BINANCE:SKLUSDT Possible Targets and explanation idea ➡️Weekly chart. Marked eqhigh at 0.5 level will be 2.5 billions market cap ➡️over 574 days inside 27 zone, and In accumulation stage ➡️Based on direction indicator whales accumulate ➡️Money power indicator marked MACD weekly divergency and money inflow ➡️Middle term targets marked Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
1
#SKL/USDT#SKL The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern We have a bounce from a major support area in green at 0.03500 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based higher at the discount Entry price is 0.04100 The first target is 0.04600 The second target is 0.05450 The third goal is 0.06670
Long
by CryptoAnalystSignal
SKL - Daily more fallSKLUSD has recently experienced a pullback below its crucial support zone, as highlighted in the chart. This movement indicates a potential shift in market sentiment. Typically, a pullback under a support zone, especially when sustained, can signify weakness and increased selling pressure, hinting at the possibility of further declines. This breach suggests that buyers are losing control, and if SKLUSD does not reclaim the support zone swiftly, it may continue to trend lower, targeting new support levels.
Short
by Sober_Trading
SKL/USDT In the critical support area, possible to bounce here!💎 Paradisers, #SKL is indeed a coin worth monitoring closely. 💎 It rests on a crucial support area and needs to bounce from here to sustain its upward movement. If the bounce proves successful, SKL may retest the resistance around $0.104. 💎 This level holds significant importance as a confirmation point for the bullish trend. Breaking above this resistance is essential for SKL to continue its upward trajectory. 💎 However, if SKL fails to break above the resistance and faces rejection, it could retreat back to the support area. Multiple touches on the support area may weaken its strength over time, posing a potential concern for the bullish scenario. 💎 If SKL fails to bounce from the support area and breaks below it, it may descend towards the demand area around $0.05. This level is critical, and a bounce from here, coupled with a reclaiming of the support area, would be necessary for SKL to maintain its upward momentum. 💎 The bullish invalidation would occur if SKL fails to bounce from the demand area and confirms a daily candle close below it. Such a development would signal a shift towards bearish sentiment and could lead to further price declines.   MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
3
SKL/USDT is at a Make or Break Situation | Correction Ahead 👀💎Paradisers, #SKL is gearing up to retest its ascending support and we're expecting a potential correction. 💎If it drops below, we'll seek a retest to confirm bearish momentum before making our next move. Observations show #Skale charting lower highs and lower lows coupled with decreasing volume hinting at a loss of momentum. If #SKL maintains support at $0.071 yet continue its downward trajectory, we anticipate hitting the projected support zone at $0.0519 next. 💎Conversely, if #SKLUSDT holds its support and swings back into the channel, it may suggest a bullish counter attempt. In this case, the price could ascend towards the significant resistance at $0.091. 💎 LSE:SKL will face strong selling pressure and rebound strongly from such levels. If this resilience persists, a robust recovery might be in play. Yet, a decisive candle close above this resistance would counter the bearish narrative and point towards a potential bullish turnaround.
Short
by MyCryptoParadise
2
SKL/USDT it required to break the resistance to continue upward!💎 Paradisers, the recent market movements of #SKL have caught our attention. Currently, SKL is encountering resistance, with a breakout needed to reignite upward momentum. 💎 A successful breakout could propel SKL towards our target area within the supply zone. 💎 However, if SKL faces rejection at this resistance level, a retreat to test the support trendline is likely, creating new momentum. 💎 Should SKL fail to hold the support trendline and break below it, it would mark a significant shift in the bullish trend. Testing the Bullish OB area becomes crucial in such a scenario, as a bounce from here could reignite attempts to break above the resistance. 💎 However, a breakdown below the Bullish OB would confirm a bearish trend, potentially leading to further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
SKL is bearish (1D)SKL's bullish Diametric seems to be over. Now we are at the end of the G wave of this diametric, which is the last wave of this diametric. We expect SKL bearish waves to start soon. We have two important targets on the chart. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
1