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SKLUSD

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. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
COINBASE:SKLUSDLong
by TradingShot
11
SKALE (SKL) Opened Long position at .13500..., First target 100,SKALE (SKL) Opened Long position at .13500..., First target 100,fib Second target 134,fib Third target 200 - 227.2,fib Fourth target 341,fib On the 8H; Using the Monthly Pivots Woodie also as resistance levels. Currently above 20ma, 55ma, and yearly VWAP, with the 20 ma almost crossing VWAP. Right now finding resistance at R1 pivot, a break below ma's, VWAP and (P) pivot, may find its way back down to low .0900... levels. Will move Stop loss at every target Hit, Broke & Retested. Close half my position at the 200,fib and wait for next buy signal to add more. According buying pressure proceeds. Not A Financial Adviser, For Entertainment Purposes only!
BINANCE:SKLUSDLong
by Nikxsen
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.
COINBASE:SKLUSDLong
by scrom_indicator
1