SKL/BTC BreakoutSKL/BTC has been outperforming its USD and USDT counterparts. We look to be breaking out of our falling wedge, and if we can retest these levels as support, we may achieve liftoff.
SKLBTC trade ideas
SKLBTC - Long - Potential 10.10%SKLBTC - Long - Potential 10.10%
Exchanges: Binance
Signal Type: Regular (Long)
Entry Zone:
0.00000973 - 0.00001004
Take-Profit Targets:
1) 0.00001049
2) 0.00001106
Stop Targets:
1) 0.00000919
Trailing Configuration:
Entry: Percentage (0.0%)
Skale Network is trending $SKL is trending - RSI was able to regain the barrier at 48.5. At the same time, #SKLBTC was able to break out of the wedge formation and unleash new momentum - already +7% today. A short-term key resistance is now within reach. A recapture can trigger strong momentum in $SKLBTC
Too good to be true?Very difficult to fit everything I'm trying to show in 1 chart, still don't have enough rep to update with charts in an idea (hitting the like button helps with that, would be appreciated). I opted to show the zoomed out view just so you can see how well this all lines up, the fib extension is nearly on the nuts with the retracement from the 2nd move inside the pennant, what I had a hard time showing in this zoomed out view are the ways the white trend lines are being followed and used heavily as resistance with strong repeated rejections and then used as support a couple times before making the next move. Lastly you can see how there is a large pennant formed (green) and the end of the pennant is timed perfectly to follow the curve, too good to be true? We will see.
SKLBTC fly soon#SKLBTC price formed a wedge and now try to break out the resistance. also there is good news for #SKALE-NETWORK
Skl is almost ready for the next wave (easy 50%)Buy Between 1080-1304
1st target 1804
other targets on chart
SKLBTCSKLBTC has reached to the end of the triangle,keep it in your watchlist and wait for the breaking out.in case of breaking out to the upside it will reach to the upper dynamic resistance probably.
SKL: Undermarketed, valuable. Market says UP.Skale, an Ethereum sharding scaling solution, recently launched without much fanfare or retail interest. But whales where buying. They were buying then, and they're buying now. You won't get many more chances to pick up SKL at this price.
Skl Vision for JanuaryGood project has good news coming in January
Breakout will be good for confirmation
SKL chanceI hope we catch it from this area
from 560-570 Satoshi area
Correction maybe continue to 500 Satoshi
if it reached 780-790
then 1st target
1200
next targets on chart
Skale Falling WedgePrice of this project will moon soon, at the moment is in a falling wedge waiting for breackout to the upside.
