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SKL

SKALE Network Has Revealed Another Clue For A Huge RallyDown channel: Since March 2021 the price action of SKL is moving in a down channel. After applying the volume profile on the complete price action moving within this channel, we can see the result that the volume profile is showing very less interest of the traders close to the support of this channel and the point of control of the volume profile is above the resistance of this channel and we have very strong interest of the traders even above the resistance. The price action can follow the point of control which can lead to a big break up. There is also a 100 simple moving average resistance at the same level where we have the resistance of down channel. Small Shark: On the daily time frame chart, the price action of SKL has formed the final leg of bullish Shark. Therefore a reversal move is possible from here. Big BAT: On the weekly time frame chart, the price action has of SKL has formed a big bullish BAT pattern. As per the Fibonacci sequence the buy and sell targets for this bullish BAT can be as below: Buy between: $0.2898 to $0.1684 Sell between: $0.5794 to $1. 01 The maximum extent of potential reversal zone $0.1684 can be used as stop loss. As per the above targets, this trade has a huge profit possibility of up to 499%, and the loss possibility is 42% but at this time it is 22% as the priceline is moving at $0.2240. Conclusion: Even though the price action is moving in the down channel channel for the long time period. But now we are having two harmonic bullish reversal patterns formed. One is on the daily time frame another one is on the weekly time frame. These harmonic moves are signaling to a big break from this down channel out soon.
Long
by moon333
2
DOGE AND SKL WICH ONE WILL BRING PRICE TO 1 usd + AS BEST ONE!Hello trading friends, A challenge between 2 coins Doge - and SKL as they are around the same price now, which one do you expect will hit as first 1 USD? add it into the comments. We did update before about the doge since 0,004 when doge did start to increase, and we did go with the before trend and have seen doge increase as Elon musk did promote the coin. SKL is a sleeping giant that is not so known as dodge - We from a watch trend expect that SKL can hit 1 USD before Doge can do that. This one more reason, the trend - data and history shows. and what do you expect? add it into comments, thank you. Out of this challenge - SKL is very undervalued in the price, and we expect with time we will see great increase trends on it. This update means not that we will bring doge into the lower trend - doge can show also good increases as they did show before also, but if we can choose between these 2, then we go for SKL. # This is not an investment view this is just our expectation, At the same time, we trade the market also for the short term as markets can change with time. As always manage your risk, and have great trading time! If you like the content give it a like, thank you
Long
by watchtrend
3
SKL- TREND WHALES ARE YOU READY FOR SKL NETWORK?... MTN 420Hello trading friends, SKL has the chance to get pumped by whales - and this depending on more trends, not only history trend shows this, but more private signals that we use - shows SKL has a huge chance for this breakout. SKL is under trend what makes this coin more interesting. I will be not surprised if this coin increase to a high amount, depending on the last study trend SKL is very interesting, not only for whales but also for normal users also. Know that this coin choice by watch trend as the top coin with an increasing trend. We know there is noting called 100% into crypto - but this is our trend and use expecting - you should do your own study, and manage your ris k. Have a great coffee time! Follow/like for more trends.
Long
by watchtrend
1
SKALE NETWORK ON IMPORTANT ZONE FOR INCREASE TREND 10% +Hello trading friends, Chart data shows the interesting trend for the Skale network for a possible breakout, that even can meet the 10% - same time know this is expecting depending on TA, and don't go 100% on the trade. always check your risk before entering any order, and there is no must to enter directly an order with no study. Back to trend The scale was before a coin the 1 USD coin, we know into markets there is no cheap or expensive, as this update depending on markets trend and TA. We expecting an increased trend coming time if we hold the uptrend. Have a good coffee time! Follow/like for more updates, thank you
Long
by watchtrend
3
🆓SKALE Network (SKL) July-19 #SKL $SKLSKL is heading towards $0.18 zone, which is reliable support for $0.24, $0.28 and $0.38 targets in early August. However, if SKL loses $0.18, then $0.14 is also a good support that we need to pay attention to 📈BUY 🔴Buy : 0.176-0.184$. SL if B 📉SELL 🔴Sell : 0.234-0.246$. SL if A 🔴Sell : 0.273-0.287$. SL if A 🔴Sell : 0.372-0.388$. SL if A ♻️BACK-UP 🔵Sell : 0.176-0.184$ if B. SL if A 🔵Buy : 0.137-0.143$. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Long
by CryptoStation
This Is How SKALE Network Can Turn Your Thousand$ To Million$Down channel: On the daily timeframe chart, the price action of SKL is moving in a down channel since the month of March 2021. It was moving between the resistance in the support of this down channel very well. But after 28th May so far, the priceline of Skale is moving sideways and did not hit the resistance or support of the channel and moved slightly to the downside and now it has started moving towards the upside. Breaking out the triangle: If we switch to the 4 -hourly chart, then the price action has broken out the resistance of the triangle. Now the entry can be between: $0.25 to $0.258 and the support of the triangle can be used as a stop loss because here we have a recent swing low before the breakout which is $0.22. The immediate target after this breakout can be $ A big bullish BAT move: On the weekly time frame chart, the price action has of SKL has formed a big bullish BAT pattern. The buy and sell targets as per the Fibonacci sequence of this BAT can be as below: Buy between: $0.2898 to $0.1684 Sell between: $0.5794 to $1. 01 The maximum extent of potential reversal zone $0.1684 can be used as stop loss. But there is strong support at $0.2240, therefore, we can use this level as stop loss to minimize the risk factor. As per the above targets, this pattern has a huge profit potential of up to 499%, and the loss possibility is 42% but at this time it is 22% as the priceline is moving at $0.2240.
Long
by moon333
3