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Sklusdtsignal

SKL/USDT In the critical support area, possible to bounce here!💎 Paradisers, #SKL is indeed a coin worth monitoring closely. 💎 It rests on a crucial support area and needs to bounce from here to sustain its upward movement. If the bounce proves successful, SKL may retest the resistance around $0.104. 💎 This level holds significant importance as a confirmation point for the bullish trend. Breaking above this resistance is essential for SKL to continue its upward trajectory. 💎 However, if SKL fails to break above the resistance and faces rejection, it could retreat back to the support area. Multiple touches on the support area may weaken its strength over time, posing a potential concern for the bullish scenario. 💎 If SKL fails to bounce from the support area and breaks below it, it may descend towards the demand area around $0.05. This level is critical, and a bounce from here, coupled with a reclaiming of the support area, would be necessary for SKL to maintain its upward momentum. 💎 The bullish invalidation would occur if SKL fails to bounce from the demand area and confirms a daily candle close below it. Such a development would signal a shift towards bearish sentiment and could lead to further price declines.   MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
3
SKL/USDT it required to break the resistance to continue upward!💎 Paradisers, the recent market movements of #SKL have caught our attention. Currently, SKL is encountering resistance, with a breakout needed to reignite upward momentum. 💎 A successful breakout could propel SKL towards our target area within the supply zone. 💎 However, if SKL faces rejection at this resistance level, a retreat to test the support trendline is likely, creating new momentum. 💎 Should SKL fail to hold the support trendline and break below it, it would mark a significant shift in the bullish trend. Testing the Bullish OB area becomes crucial in such a scenario, as a bounce from here could reignite attempts to break above the resistance. 💎 However, a breakdown below the Bullish OB would confirm a bearish trend, potentially leading to further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
SKLUSDT Analysis (LOCAL VISION)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 0.2 and 0.25 after first target reached move ur stop to breakeven Stop: 0.11 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 4 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
3
SKLUSDT Analysis (falling wedge looks completed)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 0.2 and 0.25 after first target reached move ur stop to breakeven Stop: under 0.12 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 3 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
2
SKLUSDT Analysis (LONGTERM)Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market and lower target: 0.38 - 0.5 - 0.58 - 0.7 after first target reached move ur stop to breakeven stop: under 0.25 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 6 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to your questions or suggestions.
Long
by trytofeelpositive
2
SKLUSDT signalHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market target: 0.46 and 0.49 after first target reached move ur stop to breakeven stop: ~0.38 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 3+ Good luck everyone! Follow me on TRADING View, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to your questions or suggestions(Looking for investors!).
Long
by trytofeelpositive
2