SKLUSDT trade ideas
SKLUSDTHello my dear friends
At the end of the descending channel, a tight movement is formed in the daily time frame!
The possibility of the price exiting from compression is both upward and downward.
But whichever way it exits, it will definitely be a very fast move (:
For me, it would be better to wait and enter the trade if the trend moves above $0.0616.
----> At the end of the trend, both ICHIMOKU and RSI issued a signal of formation of an uptrend.
It would be great if you share your thoughts with us.
SKLUSDT 6H TA: Bullish if break As we can see in the chart, the downward trend line is broken and if it crosses the $0.051 area and makes a peak higher than the previous peak, we have the possibility of price increase up to the specified areas. Otherwise, the analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
SKL FOR SHORT , RTM , FTC as you can see i determined that im looking for some short position on SKL , all i see is A BASE in higher time frame and breaking this base in 1h time frame for long position , so before that i think that the price will touch its FTC for long position , we will see .
rtm
base pivot
return
ftc
SKL 4h Inverse A&E and mega FW on weekly TFMega Falling Wedge SKL on Weekly Timeframe.
The first expectation is a drop of 40% to test the support of the neckline at ~0.0274 $.This is the TT of the Inverse Adam and Eve which we see in the chart on 4H TF.
Wait for confirmation through outbreak and retest.
DYOR.
MonicaM
SKALE Layer 1 back to 24 dec 2020 LowsSKL looks like an opportunity today? This is not a financial advice to buy..
We can see the price is volatile now ,to the downside
If we believe in this project you bet...
I don t have any inside information and would be not good to trade that :)) but... from a TA perspective, seems like a perfect bottom right now
Share your thoughts if you think SKL may recover this year to +1035% target
Trading plans for 23.05. Something will 100% catch your eye!👀Here are all plans for today, all those coins have really good setups. Instead of giving you 1-2 coins per day in separate posts, I collected 6 setups in one post to further facilitate your trading ability.
If you enjoy it, give it a like and a comment, so I will continue to do it in the future.
The thing I like the most today is that most of those setups can be traded both ways. The levels and trendlines are both powerful and you should trade this setups in direction of bitcoin .
In order to enter in any of this positions with scalper stop loss 1%, you have to wait for price to squeeze to the level or trendline on 5m timeframe, see a base of 5-8 candles ready and look for activity in the DOM.
If you don't know how to do that, just wait for squeezing and use swing stop-losses of 3%.
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones