$SKL close to breakout - 80%-800% LONG Randomly came across this project while shitcoining around, Actually looks pretty cool. Chart looks like a prime spot for some only up action, on the verge of breaking out and you can see the candles getting bigger.
Short term 30% - 80%
Bull run scenario, 300%-800% potential to near ATH
SKLUSDT trade ideas
SKL bullish rectangle ez 24 % profit if all will be ok. After the formation of the figure, the price continued to move up, you can try to buy on the spot or on futures with x3 leverage. Risk reward up to 4x
1 TP - 0.04393
2 TP - 0.04914
Stoploss - 0.03654
This is not a financial recommendation. All your actions you perform at your own peril and risk
SKLUSDT future for 5%/50% Absolute X3My recommended trades are based only on the uptrend of the market. It will be opened in the time frame of 1 hour and at the end of the day, profit trading will be closed with any amount of profit. And only losing trades will remain open until they are liquidated. This trading strategy is backtested and works only in an uptrend.
SKL/USDT BREAKOUT! READY FOR A 30-40% PUMP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this SKL/USDT trade setup.
SKL looks good here. Breaks out from the bullish pennant in 1hr time frame. Long now and add more in dip.
Target:- 30-40%
SL:- $0.0345
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SKLUSDT | DOUBLE BOTTOMSKLUSDT is at horizontal support where bulls once again can show momentum, while having a double bottom too.
The falling trendline is a hurdle for bullish trend continuation.
There is a bullish divergence on RSI too.
The break above falling trendline will give complete control to bulls. While break below double bottom will give strength to bears.
Trade your levels accordingly.
SKLUSDTLike a lot of ALTS at the moment difficult to say how low this will go given it's never been this low.
60% seems about right given its a mid cap.
I can only really talk to the fundamentals of this project.
It's similar to Matic as it is a second layer solution to help ETH scale with 2000 TPS and Zero Gas Fees!
Given what Matic did this bull run and even bear market this is definitely one to watch.
SKL break-outOn 1D TF, SKL has been in a falling wedge since almost two months (see screenshot below). Today, it broke out the wedge.
On higher time frame (1W), a bullish divergence can be seen: OBV and MFI increasing, CMF having broken its trendline. Moreover, an inverted hammer re-inforces a potential reversal (cf. the below screenshot).
The proposed setup is in chart with take-profits (dashed black lines) and stoploss (dashed red line).