SKL Nice Floor, Clear Resistance!SKL created a nice floor. Clear resistance and potential inverse head and shoulders setup under resistance.
SKLUSDT.PS trade ideas
SKL 5000%hi guys this is just an idea, some expectations in what SKL can do in the future..
Now is 0.02$ and the resistance is 0.07$
Above that , maybe 1.20$
SKL PUMPIf we look at the chart, we notice since the beginning of the year a gradual fall of the currency represented in a downtrend
A month ago, we reached oversold levels and the price stabilized
The price approached the trend line, we expect it to be broken and a strong rise in the currency
I apologize that my English is not good
Good luck to all
Targets :
T1 : 0.035$
T2 : 0.054$
T3 : 0.07$
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SKL DOUBLE BOTTOMHi guys, i hope you are okey. i bring you new idea about SKL.
we have a double bottom at 0.02$ as you can see in the chart. next move could give us a 300% mybe.
from 0.02$ to 0.07$
That is nothing compared with our previous higher price.
Maybe un a couple of months we can reach 0.30$ . from 0.02$ is a 15x
so... 1000$ today will be 15.000$ tomorrow.
SKL LongHi traders I found a good coin for an entry. It just right on the support level.
SKL (Skale) is a Layer1 coin that offers solutions to the blockchain problems.
Looking a the 4 hour chart, the RSI indicates that is currently oversold, and the price is sitting right on the support level, making it a good short term setup to take profit.
Entry point: $0,02589
target price: $0.02846, $0.03030
SKLUSDT Ascending Journey with 40% Growth Potential. 💎 On June 10, #SKLUSDT discovered solid support at the 461.8% Fibonacci retracement level. Subsequently, the price embarked on a consistent uptrend, breaking free from the clutches of the downtrend trendline. This pivotal bullish breakthrough served as the initial signal for a potential upward movement, and it was followed by a bounce off the minor support at $0.025.
💎 As of now, #SKL is continuously ascending, navigating within the boundaries of the ascending channel. These noteworthy developments collectively increase the likelihood of further price escalation, potentially yielding a remarkable 40% growth for #SKL. The nearest supply zone is situated at $0.035, aligning harmoniously with the 261.8% Fibonacci retracement level and the 200 Exponential Moving Average. This confluence of factors reinforces the significance of the $0.035 price area as a critical target.
💎 While anticipating this strong upward wave, it is imperative to closely monitor the nearest support level. A decisive break below this level should be regarded as a bullish invalidation, hinting at the potential continuation of the descending trend. As astute Paradise Club members, it is vital to exercise caution and remain vigilant throughout the price journey.
💎 Stay informed and prepared, Paradisers, as MCP team is diligently tracking the price action, ready to seize potential opportunities. Keep an eye out for updates as we progress further into the journey of #SKL. 🌴
SKL LOOKS BULLISH (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the SKL symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SKL - Bear Flag in Play
We got the expected drop to new lower lows (see related idea), and current price actions look corretive (forming a bear flag).
There isn´t RSI divergence either.
Therefore I expect further lows soon.
SKL to 0.01Seems that the downtrending on Log Scale keeps its course. It did not break it at 0.06 and neither on 0.05
SKLUSDT on weekly support and may head for next resistanceThe price was rejected from monthly resistance MR1 and came back to weekly support WS1. It broke that support for a while but it seems that it is on way to claim it back. This definitely opens the way for the price to again aim for the monthly resistance MR1. If anything goes wrong with this plan and price loses the WS1 zone again then next support we should expect is daily support DS1 and further down the weekly support WS2. For short term I have another idea which I will share in a separate post.
SKL - 4H Elliott Wave Count
My primary count considers we're currently on green wave C of blue wave 4.
Not sure this wave was finished, since we didn't have a 100% extension on waves A-B (this is not mandatory, but is very common).
In any case, I'm bearish and expect another push to the downside soon.
SWING TRADE (SKL) deviations then sending it to upper
entry 0.003412
stop loss 0.3122
targets 0.06764
#SKL/USDT - Long - Potential 7.52%Direction: Long
Market: Spot
Risk: 0.25% - 1%
#USDT_SKL
Exchange: BINANCE
Timeframe: 360
TP1: 0.03628
Entry: 0.0338
STOP: 0.03132
Entry Conditions:
| Trendline break
| Relative volume trendbreak and resistance break
Close to heading RV overbought and theres a risk of BTC being rejected at its current trendline, but I think we can catch enough volume here to hit take profit. If BTC gets rejected close early.
SKL LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the SKL symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SKL Wave 2 of 5 seems completeSKL retested support line once again after false breakout of 0.046usd. According to Fibonacci line it is currently sitting on 0.78 level which seems wave 2 of main 5 wave.
I think we may see now wave 3 impulse from this point.
SKL Long-term accumulation is happening now. Potential outcomes if the Bulls are successful from the current price at 0.05 is 62X @ 1.618 and 85X @ 3.168.
Skl | Trying To Breakout Sklusdt
Formed Falling in Wedge Pattern In 4h time-frame Incase Of Breakout Expecting 30-50% Bullish Move
Remember: We only give ldea's from our
experience and knowledge, it does not
mean that it will be 100% correct, the
market is always unpredictable, anything
can happen anytime.
Always trade with your own research and
knowledge. If You Are Satisfied With Our
Work Then Join.
SKLUSDT is testing the supportSKLUSDT recently experienced a false breakout from a static resistance level, indicating a potential trend reversal.
Currently, the market is testing the support level around $0.04. If the price fails to hold the support level, it could potentially drop further and retest the demand zone at around $0.035, where buyers are likely to be waiting to enter the market.
According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
SKLUSDT is testing the resistanceSKLUSDT is testing the dynamic support level. Dynamic support is a support level that is created by a moving average or other technical indicator that adjusts based on recent price action.
If the price of SKLUSDT holds above the dynamic support level, it may indicate that the market is likely to continue its uptrend. However, if the price breaks below the dynamic support level, it could indicate a potential trend reversal.
The price of SKLUSDT is expected to retest the 4-hour resistance at 0.04$, which is a key level of resistance for the market. If the price breaks above this resistance level, it may indicate a potential continuation of the uptrend.
If the price of SKLUSDT loses the dynamic support level and retests it as new resistance, according to Plancton's Rules, new short positions may be considered. Plancton's Rules is a trading strategy that involves waiting for a breakout of a key level of support or resistance, and then entering a position in the direction of the breakout.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
SKLUSDT 2H LR MTSKL has completed two valleys and hit the 0.5 Fibonacci retracement and gained strength from its upward trend line and is ready to move towards the 0 Fibonacci area.
