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SKL / TetherUS

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SKLUSDT trade ideas

SKLUSDT - D1SKLUSDT D1 - A 3-wave structure has been formed (also fixation behind the trend line), which can lead to further upward movement, you can also see the beginning of the 5th wave on W1 - it is better to consider targets for breaking the maximum of the 3rd wave on W1, since this was a strong impulse - 0.06982 What can you expect? Long - You can consider entering from these levels 0.06982 with a target of 0.06982 Cancellation if the price breaks the minimum of the 3rd wave - 0.03607 Long Target 0.05316 - 0.05710 - 0.06350 - 0.06982
Long
by Trade_Hive_Signals
SKL/USDT Break out the key level area ??? SKL Analysis Today💎 SKL has undeniably left its mark on the market. Currently, SKL finds itself in a pivotal zone, facing a resistance area. If SKL successfully breaches this resistance in the near future, it will be poised to continue its upward trajectory, with the probability of reaching our target zone, encompassing both the supply and major supply areas. 💎 Conversely, if SKL fails to break through the resistance, there's a possibility that it will return to testing the demand area at $0.0275 in order to generate fresh momentum. 💎 During this retesting phase at the $0.0275 demand area, SKL must either maintain this level or risk breaching the demand. Such an outcome would be unfavorable for SKL, indicating a shift back to a downward movement and a potential descent to the strong demand area.
by MyCryptoParadise
It is time to SKALE ⤴️Hello TradingView Family / Fellow Traders, 📉 After a 130% surge , BITRUE:SKLUSDT has entered a correction phase and is currently trading within the descending blue channel. 🏹 SKL is presently approaching a robust demand zone highlighted in green. Therefore, as the price approaches this zone, we will be seeking trend-following buy setups on lower timeframes. 📈 For the bulls to assume control and initiate the next upward impulse movement, a breakout above the blue channel is required. Meanwhile, an expected movement towards the demand zone is anticipated. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
Long
by TheSignalyst
1
SKL/USDT plan bullish ride? 👀 🚀 SKL Today analysis💎 Paradisers, keep your eyes on SKLUSDT! We've observed its trajectory as it faces rejection from the supply zone, hinting at a heightened likelihood of a bullish surge post a retest of the demand zone. 💎 Historically, SKLUSDT has been adhering to a descending trendline. However, it managed to break free, charting an upward course. Currently, after facing rejection at the .2770 supply level, the odds are leaning towards a bullish resurgence upon retesting the .2373 demand zone. 💎 However, if the asset struggles to maintain this momentum, it might seek bullish support from the robust .1952 support level. A breach below this level could signal a potential downward shift. Stay alert and strategize accordingly!
Long
by MyCryptoParadise
1
What to do, When you hit Stoploss?When the market hits your Stop Loss, Instead of panicking and bitching. Or even crying. Do this. First take a deep breath. A Stop Loss triggers a lot of negative emotions. - Your body shakes, - You get angry, - You get nervous. Calm your body down by closing your charts. Then let it go. Turn off your ego and accept the loss. It's just a loss. One out of a million more trades. You are not going to die because of one loss. Simply accept it and let it go. Journal it. Reanalyze the market again and understand why you were wrong. Don’t rush back into the market. If you feel like you know the next move after the loss - you are revenge trading. Step aside and don't trade.
by FortuneAI