SKLUSDT 4H long setup; Perfect W-formation neckline retestTA explained
SKL formed a huge W-formation and retested the W-neckline on the pullback. Price is bouncing on the 4H 50 MA which also aligns with the Golden Pocket.
Targets align with the extended fib levels calculated from the current pullback.
Trade setup
Best entries: 0.329910 - 0.345500
TP1: 0.45880
TP2: 0.53836
TP3: 0.62286
SL: 0.30903
RR: 10.11
Max leverage: 2
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MDSquared Crypto Lounge
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
SKLUSDT trade ideas
SKLUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
SKL confirmed weekly resistance as support#SKLUSDT
$SKL broke out weekly descending resistance and confirmed it as support. also price stayed above ascending support.
there is a resistance around $0.42, that is near the descending resistance with angle of ascending support line. a break above this descending resistance line can lead price to touch $0.7 and more.
SKL/USDT TRADE SETUP!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this SKL trade setup. SKL looks very promising here. Currently, it is trading inside a bull flag and also a big falling wedge pattern. So as soon as this breakout it will give us sweet profit. So I'm buying some here with low leverage (3x-5x).
Entry range:- $0.304-$0.332
Target1:- $0.3610
Target2;- $0.3840
Target3:- $0.4020
Target4:- $0.4260
SL:- $0.2816
If you like this idea the do appreciate it with your like and follow.
Also, share your views in the comment section.
This isn't financial advice. DYOR before investing.
Thank you!
SKALE (SKL) mid-long term targetsSKALE (SKL) long term targets
bearish bellow 023
Like other coins SKL is back to its February price range. this is not so bad when you buy the dips or just hodl long term
today we are back on a price of 25 of may ,low
About:
SKALE (SKL) is an Ethereum token that powers SKALE, which describes itself as “an Ethereum-compatible network with a leaderless consensus designed to run on an uncapped number of independent nodes.” Nodes on SKALE provide resources to multiple decentralized elastic blockchains.
SKLUSDTSKLUSDT has two important support. first area is between 0.3000 and 0.3200 and second one is between 0.1600 and 0.2000 that can be a double bottom.
after that we can expect SKLUSDT can return and get its resistences
Support 1: 0.3000-0.3200
Support 2: 0.1600-0.2000
Resistences 1: 0.4588
Resistences 2: 0.5237
Resistences 3: 0.6277
Resistences 4: 0.7189
Resistences 5: 0.7976
SKL / TETHERUSSKL Price Live Data
The live SKALE Network price today is $0.358537 USD with a 24-hour trading volume of $61,248,465 USD. We update our SKL to USD price in real-time. SKALE Network is down -10.14% in the last 24 hours. The current CoinMarketCap ranking is #136, with a live market cap of $434,941,800 USD. It has a circulating supply of 1,213,100,288 SKL coins and a max. supply of 7,000,000,000 SKL coins.
If you would like to know where to buy SKALE Network, the top exchanges for trading in SKALE Network are currently Binance, Mandala Exchange, Huobi Global, OKEx, and FTX. You can find others listed on our crypto exchanges page.
What Is SKALE Network (SKL)?
SKALE is described as an elastic network that’s designed to bring scalability to Ethereum. As well as boosting transaction capacity, the decentralized project aims to reduce latency and ensure that payments can be made as cheaply as possible.
The project’s website says it wants to enable people to build and run DApps in a “decentralized modular cloud built for real-world needs and configured for your requirements.” This emphasis on decentralization isn’t at the expense of security.
According to SKALE, those who build on this platform can run Solidity smart contracts “thousands of times faster at a fraction of the mainnet cost” — with games and content streaming services among the projects that already take advantage of its infrastructure.
She is working on a double kill configuration and is now in the support zone.
main objectives/
50
65
The rest of the sub-objectives are illustrated in the diagram
MACRO: SKL USD targetsSkale (SKL) is an ultimate skaling solution for ETH. Basically, it should make a competition of $ADA, $BNB, $SOL with Ethereum obsolete. Therefore, we expect it to make big multipliers in the near future. With Solana market cap one SKL would equal 37 USD. Given, that the current growth of markets continue we may witness this price already in December.
SKL// Possible Trend ContinuationChart reminds me of $TRX and $DOT.
Other than that, consistent trendline that has now been broken back into, will expect a slight pull back - which may be seen much easier on a smaller TF like the 1H. and then price appreciation to the test the 0 Line and possibly upper trendline.
Invalidation zone is a close below the 50% zone.
