#SKL is my second favourite crypto it's hard to predict what will happen next over the next days, but I believe this is correct for now.
I'm super bullish on this one. The profit margin is huge
lets hope
*not financial advise
SKLUSDT trade ideas
🆓SKALE Network (SKL) May-28 #SKL $SKLSKL is moving down to 0.4$ zone again after being rejected from 0.6$ zone. 0.4$ zone is a good support for generating new rally up to 0.6$ zone again and 0.8$. But if it loses 0.4$ zone, it will have a decline to 0.3$ or even 0.2$ at mid June
📈BUY
-Buy: 0.39-0.41$ if A. SL if B
-Buy: 0.585-0.615$ if A. SL if B
📉SELL
-Sell: 0.585-0.615$. SL if A
-Sell: 0.78-0.82$. SL if A
♻️BACK-UP
-Sell: 0.39-0.41$ if B. SL if A
-Buy: 0.29-0.31$ if A. SL if B
-Buy: 0.19-0.21$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
SKLUSD - Bullish BreakoutSKLUSDT - broke over the falling wedge pattern, hints strong recovery towards the 0.75/0.87/1.06 in the short term.
SKLUSDT - Daily chart SKL in a downward channel testing major resistance. The BTC pair looks strong and once we can break this resistance zone i expect nice follow through.
For every new follower i will add a new idea :)
SKLUSDT is creating a falling wedge. 🦐The price is creating a falling wedge and the price is testing the bottom. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SKL: THE BIG PICTURE ALWAYS HELPSWe're still stuck within this falling wedge in the 3D timeframe, and boundaries are respected.
To avoid FUD & FOMO always keep the big picture in mind.
When the breakout comes to pass, it will be parabolic. I have no reason to doubt. This wedge survived the worst. To the moon!
SKL/USDT BUY SIGNALThis is a short term buy signal, although this might be the long term bottom as well.
SKLI still think SKL will surprise, I sold at .54c right B4 the crash and had bids at .32c they filled I pocketed the difference and bought the DASH dip as well.
I think SKL will be the next MATIC and leave everyone wishing they never sold. Just gotta be patient with these micro caps IMO.
The MMs r ruthless and because the market is so small the whales can destroy retail.
IMO is keep holding for the upside surprise.
SKLUSDT Possible bullish divergencePossible bullish divergence on the daily, but of course we never know what brother Bitcoin has in mind for us to negate this idea. I take it level by level (fib levels in pink on the right).
First it would be nice to escape to the upside from this falling wedge we're in now.
What is SKL? I don't know.But this looks like an opportunity to swing trade short,
or to DCA into a nice LONG position.
NFA/DYOR
Entry range may be as low as thirty one five.
🔥 SKL Channel BounceSKL has been trading in a downward sloping channel for over two months now. Amazingly enough, the channel support held during yesterday's sell-off, potentially marking a strong reversal in the short-term.
Long term target would be the $1 resistance.
Happy trading!
Bounce or die.Everything that I could have made a bear case for in previous months has been fixed and we are sitting on a major trend line. All signs point up for this project, Skale is even sitting on a major announcement coming in the next week or 2 (probably when their first dApp goes live on their Mainnet).
SKL give it a time to break ouSKLUSD
If that low volume grows, SKL will show some magic.
Waiting for Mr. Corn's move, before enter a trade.
DYOR
Not financial adviec.
SKALE(SKL) ready too fly and hit 1$ againHello everyone there is a good entry for this Token and its better to enter after break the dynamic resistance or maybe its better to called Flag pattern on Daily Time frame.
