SKLUSDTHello my dear friends
At the end of the descending channel, a tight movement is formed in the daily time frame!
The possibility of the price exiting from compression is both upward and downward.
But whichever way it exits, it will definitely be a very fast move (:
For me, it would be better to wait and enter the trade if the trend moves above $0.0616.
----> At the end of the trend, both ICHIMOKU and RSI issued a signal of formation of an uptrend.
It would be great if you share your thoughts with us.
SKLUSDT
SKLSKL / USDT
(Binance Futures)
On 4hr timeframe, SKL formed a bullish gartley harmonic pattern where in CD is at least a 0.786 retracement of leg XA. The patern is a reversal of cd move so the expected outcome from the D point is bullish.
Target profits: B, C, A phase.
Safest EP: D phase ( 0.20456 -0.21256) pero If meron other confluences si SKL pwede magenter kahit hindi sakto sa EP. Anyways, use low leverage 5 to 15 all goods na.
SKLUSDT 6H TA: Bullish if break As we can see in the chart, the downward trend line is broken and if it crosses the $0.051 area and makes a peak higher than the previous peak, we have the possibility of price increase up to the specified areas. Otherwise, the analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
SKLUSDTHello Guys , as you see skl now on the good support and for now supporting from here but as you know market is bearish now so you have to be careful and if you buy it you should set your stoploss below the green zone , so here we are if supporting this is my idea and there is level here !
NOT FINANCIAL ADVICE
SKL Network is primed for a trend reversalThe Skale network may be primed for a trend reversal or corrective price pullback above 0.2$
The RSI indicates that Skl is preparing for pullback toward 0.25$.
Skale network Relative strength index regaining some ground after recently falling below RSI 40 and i think if Rsi could will go above 52 the price will resume running toward upward.