SKLUSDT trade ideas
SKL Potential MovementSKL chart is preparing for the big move
Buy: 0.03935
TP1: 0.085
TP2: 0.1
TP3: 0.12
Good luck, thanks!
SKL BUY SETUPWe are considering a buy setup for SKL. Put this symbol in the watch list and enter the position if it reaches the buy zone.
Do not open a position without capital management and stop setting, and note that this is a buy setup, do not use this setup to open sell/short positions.
SKL/USDT Looking BullishTRADE ALERT!SKL
Ticker: SKL/USDT
Entry: 0.0438 - 0.0446
Take Profit: 0.0483 - 0.0599
Stop Loss: 0.0404
Risk to reward: 1:2
Technical Thesis: It seems like SKL is on the verge of breaking out from a falling wedge pattern, indicating a potentially bullish trend. This breakout could lead to an increase in pump lines for SKL. Keep an eye on the charts for confirmation and potential trading opportunities.
SKL is repeating the past
As can be seen on SKL chart, the current move is repeating the past with a similar move at the start of the year 2023.
the levels are on the chart, however, I dont think it will hit the same levels hit before since market conditions have changed, and SKL has a good reputation. I think it will only hit level (1) or (2) in the worst condition.
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.
SKL UPDATE I anticipate SKL's price to surge by at least 30-60% from this point. We're awaiting some support from BTC before making the move. Let's observe.
Disclaimer: This is not financial advice. Perform your own research before making any decisions.
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
SKLUSDT - End of RetracementExtended retracement after bullish fundamentally driven runup entering into Consolidation phase.
Finding support at important 0.618 Fibonacci level.
Aggressive traders might bet on it returning to the previous recent highs.
There is also a Divergence on the MACD indicator showing a slowing of the bearish momentum.
Observe increased Volume as confirmation of buying interest
Trade signal | SKALE (SKL) completed setup for upto 37.50% pumpHi dear friends, hope you are well, and welcome to the new trade setup of SKALE (SKL) with US Dollar pair.
Previously we caught almost 22% pump of SKL as below:
Now on a 4-hr time frame, SKL has formed a bullish AB=CD move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
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!
SKLUSDTSKLUSDT is in bearish trend.
Potentially printing LH and LL.
No sign of trend reversal here.
We wait and watch for the breakout of last LL.
SKL NEXT EXPECTED MOVESSKL is still in under value and it will pump hard again in next few coming days.
We can buy at 0.05 $ for target 0.06 $
If break 0.05 $ then DCA entry at 0.0460 $
Skl still strong Sklusdt
I anticipate SKL's price to potentially reach new highs soon. A bullish move of 50-100% could be on the horizon in the coming days. Remember, this is not financial advice. Conduct your own research before making any investment decisions.
SKL step curve. Step curve for SKL Let er rip. Nice performer here IMO.. waiting a couple days and rebuying this beaut
SKL/USDT Trading Outlook: Bullish Prospects in the Demand Zone💎 Paradisers, turn your attention to SKLUSDT, which is currently showcasing an intriguing pattern in a demand zone, indicating a strong potential for a bullish movement.
💎 Historically, Skale has demonstrated a tendency to break away from its descending trendline, leading to upward trends. With its current position in a demand zone, the likelihood of a bullish trajectory appears to be quite robust.
💎 The initial goal in this bullish scenario is to break through the supply level at .3513. Successfully surpassing this hurdle could open the door to challenging a significant supply level situated higher up.
💎 Conversely, if SKLUSDT falters in maintaining its upward trajectory, a tactical bullish approach from the .2671 demand level may be the prudent move. However, a drop below this critical point could set off a substantial bearish shift.
Stay sharp and strategic in your trading decisions, Paradisers. Your ParadiseTeam is here to guide you through these market developments.
SKL showing a very good investment opportunityHi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 100 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
SKL Unlocking Potential: The Perfect Entry Point for Profits 💰**Short Fundamental Analysis of SKL Coin**
SKL coin is a native cryptocurrency of the SKALE network, a decentralized blockchain platform designed to enhance the scalability of Ethereum. SKL is used to pay for transaction fees and to secure the network.
SKL has been on an upward trend in recent months, driven by increased interest in the Ethereum network and the SKALE project. The coin has gained over 50% in value since its launch in July 2023.
**Recent News**
* SKALE has announced a partnership with Chainlink, a decentralized oracle network, to provide SKL with access to real-world data.
* SKALE has been integrated into the popular MetaMask wallet, making it easier for users to access SKL-based applications.
**Disclaimer**
This is not financial advice. Please do your own research before investing in SKL coin.
That SKL was supertAfter the buy print we also hit 30%. Waith for the resistance to pass for more uptrend.
DYOR
SKL INCREASE VOLUMEThank you for reading this update.
Depending on our study we see that SKL has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
SKLUSDT - Bullish TrendSKLUSDT.P is in strong bullish trend.
As the market is consistently printing new HHs and HLs without any Divergence.
SKLUSDT"As we enter the bullish season, the initial target to aim for is
target : 0.6 🎯.
This is based on a combination of technical analysis indicators and market trends.
However, it's important to approach trading with caution and adapt to changing market
conditions.
Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market.
Remember to use proper risk management techniques and consider setting profit targets along the way.
Happy trading!"
