Skale
SKL - Daily more fallSKLUSD has recently experienced a pullback below its crucial support zone, as highlighted in the chart. This movement indicates a potential shift in market sentiment.
Typically, a pullback under a support zone, especially when sustained, can signify weakness and increased selling pressure, hinting at the possibility of further declines.
This breach suggests that buyers are losing control, and if SKLUSD does not reclaim the support zone swiftly, it may continue to trend lower, targeting new support levels.
SKL/USDT is at a Make or Break Situation | Correction Ahead 👀💎Paradisers, #SKL is gearing up to retest its ascending support and we're expecting a potential correction.
💎If it drops below, we'll seek a retest to confirm bearish momentum before making our next move. Observations show #Skale charting lower highs and lower lows coupled with decreasing volume hinting at a loss of momentum. If #SKL maintains support at $0.071 yet continue its downward trajectory, we anticipate hitting the projected support zone at $0.0519 next.
💎Conversely, if #SKLUSDT holds its support and swings back into the channel, it may suggest a bullish counter attempt. In this case, the price could ascend towards the significant resistance at $0.091.
💎 LSE:SKL will face strong selling pressure and rebound strongly from such levels. If this resilience persists, a robust recovery might be in play. Yet, a decisive candle close above this resistance would counter the bearish narrative and point towards a potential bullish turnaround.
SKL/USDT Primed for a Bullish Trajectory? 👀🚀SKL Analysis💎Paradisers, let's explore the dynamics of #SKLUSDT, where the landscape is ripe for a potential bullish rebound from a pivotal support area.
💎Reviewing #SKALE's trading activity, we observe a profound 80% reduction from its top. Yet, the tenacity at the $0.06310 support level hints at the possibility of an ascending movement.
💎The challenge of reaching new heights or surpassing prior records has led to a prevailing bearish sentiment. Nevertheless, the crucial $0.06310 threshold for LSE:SKL is teetering on the edge of sparking a notable bullish shift upon another assessment.
💎With an eye towards adaptability, we've prepared a Plan B. If #SKL descends further from this foundational support, we anticipate a bullish revival initiating from the secondary support at $0.026. It's essential to recognize, however, that a breach below this point could indicate a prolonged bearish trend.
💎Keep your trading strategies flexible and your senses attuned to market fluctuations, Paradisers. Be reassured, the ParadiseTeam is vigilantly tracking these developments, poised to navigate you through the shifting financial terrains.
SKL - Daily , Continuing its bullish TrendSKALE is consolidating above a key zone, positioning it for a smooth ascent to the next level.
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
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 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.
#SKLUSDT - Long Scalp Opportunity#SKLUSDT - Long Scalp Opportunity
Entry Conditions:
- Broken 200 EMA 1hr
- Broken Local trendline
- Broken Local trendline
- Impulse Signal Triggered
SKL LONG UPDATE - INCREASE LEVEL STARTS TO GROWSKL shows patterns that can make new increases to new zone since the breakdown time.
This is not trading advice: Manage always your risk.
SKL "descending channel pattern"The Skale has been trading on descending channel and i think we are near to a break out but it is not clear to we moving which path, break down or break up.
But what is clear which after breaking we could huge move.
Skale in weeklyThis is a very nice chart.
And with good project and team. :)
Enjoy make somes moneys.
SkaleNice setup on this chart.
Bullish divergence, buy signal.
Nice to accumulate here.
Let's do it :)
1 Hour RSI Bullish Divergence Could Take us to the 200 Hour SMAWe have Bullish Divergence on the 1 Hour RSI bwith a Shortening of the Thrust of Downward Price Action, it looks like this could be the start of a potential reversal atleast to test the 200 SMA
Skale possible retrace for handleCan see a rough cup/handle forming here with some past price zones showing some accumulation and support levels.
Not advice, SL 18.35 TP1 ~38 TP2 ~45
DiamondHands ~63 - ~82 give it till 28th
Long HODL could see large action into Q3/4
SKLUSD aiming at the All Time Highs!Skale Network (SKLUSD) has been in a parabolic rise the past 7-10 days and since yesterday it broke above both the 1D MA200 (orange trend-line) and the 1W MA50 (red trend-line). The move appears to be replicating the massive rally of January - March 2021. So far the Symmetrical Resistance levels of 2021 have been respected during the current run. The next is just above 0.3700. A rejection there, or on the 0.5000 September Resistance, should test the lower MA as a Support. If that holds, expect the test of the 1.35 (roughly) All Time High by June.
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SKL more movementSeeing this triangle in short term and possibly breaking a large 4hr triangle you guys can try to chart out yourself
Also event and v2 soon
SKALE Network Takes Off | Patience Pays (500% Potential Remains)This is another one of the Altcoins we trade...
Clearly, being patience pays.
We have a bullish breakout for SKLBTC but it has been over a month since we jumped in...
11-February 2022 | SKALE Network Long-Term Higher Low (500%+ Potential Profits)
Can't you see?
Patience is key
Namaste.
Skale network - Higher target in madeHello trading friends,
SKL shows an interesting side depending on TA - a low time frame - what could bring Skale network to 0,25+ coming time.
we will follow this trend coin the coming time.
Have a good time.
Skale network - Depending on TA interestingHello trading friends,
This is a small view from the TA trend expecting depending on the last trends.
The first and important point is that in markets there is no guarantee for any target, all depending on expecting depending study trends.
If we watch Skale from TA trend - it shows that it's at this moment into a green flow.
Have a great time
# this is not a trading call - and trade only depends on your setups.
skale network - long chart trend (skl) Breakout?Hello trading friends,
This is a small view update for the possible trend for long on SKL with the possibility of a breakout.
Know that sometimes coins increase, but after that, it goes into recovery - for this reason, the place always good sl on any study coin you have done.
Data:
SkL looks interesting and the time frame should confirm a coming time or this are only for a small-time or longer time.
It's also not a bad idea to wait on recovery trends or a re-test on further levels.
Know that fast handling and just entering the market could bring some into losing - study the trend well and take time - there is no hurry to make always directly an action.
And the market is very big 24/7 open. study your setups, and check which markets are good for you.
Trying to check the best possible time frame coins that have possibility to increase depending on more data trends.
Have a great day.
This is not a trading call - manage always your risk.
#If you like the content leave a like and follow - Thank you
SKALE could make a jump from hereLooking at the long term downtrend (white lines) and the short term lines, SKL hopefully will hold above the green ascending line as BTC finishes it's consolidation. Once the BTC crowd calms down maybe the alts can confidently grow, with SKL primed as a candidate for some major gains. Right now it seems like it's in limbo, but any dips from here most likely will be very short lived, in my hardly-educated opinion. Good luck and wishing you all success.
SKALE is positioned for lots of upside Howdy folks, another play I wanted to share
I've opened a position in Skale coin at around 12 cents bc (a) it is looking oversold at these levels, (b) there is chance for upside to 100-500%+, whereas if it dips from here I only temporarily am down 30-50% (I don't actually lose this money unless I sell while down, but with crypto if you hold long enough it will rise again)
Three scenarios I see playing out:
1. Price returns to 24 cents
2. Price returns to 35 cents
3. Price rallies past 50 cents
In all of this instances the upside is 100%+
Volume is currently at $24M and rising. Watch out for the volume to continue rising to validate the bull run. Also, this is assuming tomorrow's Fed news doesn't crater markets again!
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