SKLThinking this because the LTFs look a little extended, but weekly still strong AF my tp remains $1.24-$1.60 moon shot above $2
SKLUSDT trade ideas
SKL long term after break the triangle and POCBetter to wait after break that strong resist of triangle, and get over the POC and confirm it as a support
Relative Volume Strategy Look at the Scanner for RelativeVol > 1I entered long on SKL with target 0.75
Entry setup rel volume > 0.9 on the scanner and obviouly a daily bar that trades higher than prior days bar.
Entry above any 2 hour bar that closed higher.
Exit on 1st target the breakout box height
Exit on 2nd target the breakout box height 2x
Sklusdt beautiful Fib and Breakout ExpectedSklusdt is currently in a downtrend channel 🔻which hasn't broken yet and lying in 0.7 fib level. If this coin breaks the downtrend we will be entered in 0.618 fib level which is the important level in fibs. Here we have 0.618 fib as well as breakout 👌 the channel so after that it is likely it will break the resistance 🔥as well. After resistance breaks enter in it with a long/buy position and we will get a nice profitable trade 🤑💵💰🚀
Let me know your ideas 💡 in comments
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Thanks
SKLUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour timeframe. Those who have this currency can make a profit on the ceiling of the save channel, and if the channel stabilizes above, they can start buying for high targets.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
SKLAs u all know if you follow my trades I am long SKL. It was the only Alt coin I kept open after Aril 13th. I tweeted that the top was in on alt coins and actually fomo ed back in B4 realizing that I was right I basically missed the top by few %. This was big for me b c I been trading crypto for many years and have always been super greedy, and kept adding my winnings into new trades or just HODLed up then back down. I would tell myself I like this coin or that coin and am holding for years.
I do keep LT alts but once I changed my perspective on alt coin trading was when I actually made a nice return and kept it.
You see the money isn't real until you actually sell into USD or whatever currency you trade with and then keep it and don't put the winnings at risk.
Anyway I will get off my soap box here and say I held SKL up to .83c and back down to where we are today. I even knew .83c was the top. But I did this because I wanted to be in a trade and was still kinda 1/2 new big mike taking profits like a boss and 1/2 stupid big mike making Noob mistakes.
But I also didn't think we would get this wrecked since I pulled my cash out.
If you look at my old analysis on SKL I had this alt in a triangle with fib extension from the .53c lows in Feb.
Now I can see the pattern we are in and I think it is more of a falling wedge and I am still expecting a big push for SKL b c I feel it is lagging.
How is it lagging Big Mike? look at the weekly Stock RSI on most Alts vs USD & VS BTC and the weekly charts r coming out of overbought or still in overbought.
But SKL (also ADA) r currently in oversold and have yet to have the big push. Anyway that is my theory you guys should always DYOR.
Is a Breakout Imminent for Skale? I’d say that we should see a breakout before May 12th. My target price is around $1.70. I will be watching closely when we retest the $.77 and $1 as we could get rejected at either of those zones. Good luck all.
SKLUSDT (21.04.2021)On the 1D chart, the price found support at $ 0.5, forming a false breakdown downward.
At the moment, an initial growth impulse has been formed on the H4 chart, where the price has already crossed the downtrend line.
We recommend buying SKLUSDT in order to hold a long position to the $ 0.93 level and with a stop loss at the local level for the H4 chart.
#SKL catching wicklooks like it will form a triangle, hoping to catch a wick in the green zone
SL is wide for now but once PA develops will tighten it
SKLSKL looks like a good project therefore I started to watch it. If it breaks the triangle first targets: $1.42, $1.67
SKLUSDT Long Term PredictionYou can LOSE >%40 of your money. Please be careful and this is NOT a financial/investment advice.
SKL longSKL has repeated its pattern and is looking for a breakout. there are 2 ways it can go. in my opinion it will follow the blue path and break out immediatly. DYOR and share your opinion on this chart in the comments.
Buy SKLUSDTIt can go towards 0.90 cents for short term and if it breaks to the upside it can go towards $1.40
