SKLUSDT trade ideas
SKL/USDT Could Launch Its Rocket Soon 🚀🚀🚀📈 SKL/USDT | Potential Upward Movement
💡 Buy Limit Order @ 0.3161
🎯 Target Profit 0.3290
🛑 Stop Loss 0.3119
❌ Do not risk more than 1% of your account on each trade
Description:
The coin is traded inside a wedge formation. This pattern represents a correction where we expect it to end near the area of confluence which is made of a 61.80% Fibonacci retracement, strong support and the lower end of the wedge. After the correction, a rally all the way up could be seen toward the target profit.
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Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
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🙂 Good Luck!
Skale (SKL) Price Predictions Jun 9 21 | 6x - 13x Potential We are modifying our entry, talking martingale entries and. modifying our profit targets.
Remember, use confirmation prior to entering. However, as mentioned in the video confirmations and strategy are great but that does not mean you are going to win 100% awlasy. So keep that in mind, especially when markets crash as we experienced in May.
GOOD LUCK TRADERS!
#SKL will need a few daysHi guys
if I'm correct, I believe SKL will need a few days to get back to 0.60 - 0.70
we will probably see some up and downs over the next days.
lets hope some whales can see the opportunity and help us out!
the market supply is so low for SKL... how I wish to see half of #XRP market cap down here...
Patience Always Pays OffWe are still in this huge descending wedge .
Stoch RSI is showing signs of an upward movment.
RSI is inching higher every day.
MACD seems ready for a cross and lower timeframes confirm that.
Volume is decent; however, for a solid move, we still need more.
I am still bullish on this coin.
#SKL if going up, same as #XRPSKL - We need to go out of the green triangle.
if this happen, we can probably see 0.45-46 between 00h and 2am (London time)
*not financial advice, please note we can still drop to 0.37-38 after 00H00 if we don't cross the 0.44 and hold support
XRP will need to cross 0.915 and hold support
🆓SKALE Network (SKL) May-28 #SKL $SKLSKL is moving down to 0.4$ zone again after being rejected from 0.6$ zone. 0.4$ zone is a good support for generating new rally up to 0.6$ zone again and 0.8$. But if it loses 0.4$ zone, it will have a decline to 0.3$ or even 0.2$ at mid June
📈BUY
-Buy: 0.39-0.41$ if A. SL if B
-Buy: 0.585-0.615$ if A. SL if B
📉SELL
-Sell: 0.585-0.615$. SL if A
-Sell: 0.78-0.82$. SL if A
♻️BACK-UP
-Sell: 0.39-0.41$ if B. SL if A
-Buy: 0.29-0.31$ if A. SL if B
-Buy: 0.19-0.21$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
SKLUSDT is creating a falling wedge. 🦐The price is creating a falling wedge and the price is testing the bottom. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.