SKLUSDT trade ideas
SKLUSDT Analysis (falling wedge looks completed)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 0.2 and 0.25
after first target reached move ur stop to breakeven
Stop: under 0.12 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions.
SklusdtWill history repeat it self ?
By breaking the downtrend line skl will be able to go up again
The targets are shown on the chart
SKL - Long 10xSKL oversold and should bounce off support here.
My SKL long trade setup:
10x long
Entry: 0.177
T1: 0.186
T2: 0.1947
T3: 0.204
Stop: 1hr candle close below 0.167
SKALE Network (SKL) Buy ZoneSKALE Network (SKL) Buy Zone
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BIAS
Long-Term : Bullish
Risk : Low
With a low of SKALE Network has just retested one of our deepest mid term support zone at lower entry where buyers prevented it from going any lower.
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$SKL/USDT SPOT SETUP
Entry Price : 0.194 - 0.207
TP 1 : 0.2175
TP 2 : 0.2315
TP 3 : 0.2515
TP 4 : 0.2828
TP 5 : 0.316
TP 6 : 0.367
TP 7 : 0.3888
TP 8 : 0.437
Stop Loss : 0.165
*Stop Loss - SKL daily close below 0.165
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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SKLUSDT False Breakout wait for BuyzoneFalse Triangle breakout now on weekly support and going towards monthly support.
BuyZones:
0.28 (Major Support, 1M Support) (Buy Zone) 0.2650 (Buy Zone) 0.25 (Buy Zone) 0.24 0.2075 (Buy Zone) 0.19 (Buy Zone) 0.18 (Buy Zone) 0.1530 (Very Strong Major Support)
Take Profits:
0.38 0.4450 0.50 0.57 0.67 0.72 0.82
StopLoss:
15%
Legend:
🔴 Pink Structure -> Monthly Structure.
🟣 Purple Structure -> Week Structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4H structure.
⚪ Grey structure -> 1H structure.
SKLUSDT short profit
Brokeout and retest descending channel
Weekly strong support
You can also hold it for next weekly support
Waiting for RSI to breakout and reach 50
SKL is oversold !!Just look at the graph, no need to understand any technicality.
Anyone can easily see how SKL is just so much oversold that it is at it's lowest mean level.
There's no way it can go down anymore, the only thing now remaining for it is just a bounce back and the first level to touch will be 0.2, but it is expected to touch 0.3-0.4 within a fortnight, as per my predictions
SKLUSDT1) Now SKLUSDT pair is in a very strong demand zone.
2) RSI is below 40.
3) Bullish ABCD pattern has formed.
4) According to the market structure now we have a LL position we can expect that market structure could change for a bullish market structure by making HH and HL positions.
5) For additional confirmation wait for the golden crossover happen and wait for the MACD crosses the signal line upwards.
**ALL OF THESE ARE EDUCATIONAL PURPOSES ONLY**
skl/usdttime to buty bet skl now is 0.16
#SKL respects trendline support
initial resistor 0.17.50-0.18
0.19-0.21-0.22 candles can be expected in casting
medium term good buy zone 0.15-0.16
SKLTrying hold the support,
If it can hold the support (red line) targets are available,
Not financial advice.
Log positiıonThe currency is in its powerful support zone
It is expected to react positively to this zone and start up trend
Prediction SKLUSDTPERP (LONG) [Short Term]REASON =
- Volume Spike
- Breakout Double bottom Minor (H1)
- Breakout Double Bottom Mayor (H4)
ready to jump Ascending Triangle: An ascending triangle is a breakout pattern that forms when the price breaches the upper horizontal trendline with rising volume. It is a bullish formation. The upper trendline must be horizontal, indicating nearly identical highs, which form a resistance level. The lower trendline is rising diagonally, indicating higher lows as buyers patiently step up their bids. Eventually, the buyers lose patience and rush into the security above the resistance price, which triggers more buying as the uptrend resumes. The upper trendline, which was formerly a resistance level, now becomes support.
SKL/USDT 1D1) AB=CD pattern has been formed but wait for the neckline breakout .
2) Wait and see for golden crossover and MACD crossover(for additional confirmation)
(ALL OF THESE ARE EDUCATIONAL PURPOSES ONLY)
SKLUSDTSkl Usdt is forming a cup and handle pattern.now best time to entry..
THIS IS NOT A FINANCIAL ADVIVE
SKL/USDT SKALEMIDTERM CALL
skl/usdt
Buy:- 0.22$ - 0.19$
Sell:- 0.95$ - 1$.
Sl:- 0.16$.
Skale is very strong fundamental project with huge accumalation running now.
And web3 too try to accumulate some small portion.
SKL LONG signalBlack Mountain Analytical Team:
TP1=:0.260$
TP2=:0.290$-0.330$
TP3=0.4$
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SL=below 0.17$
SKL TA D & 4HSKL Technical Analysis D & 4hours. ( Trendlines, Target Prices, Stoplosses and Resistance).
