SKL - 95c to $1?The patterns and fractals are unreal or is it simply my bullish imaginations? 🤔
As long as btc is bullish or range bound, SKL is looking to pop soon.
SKLPERP trade ideas
SKL about to rocket !!!A close above the 50 EMA (4H frame) currently at 0.69, and the rocket should be blasting off.
Btc just had a bull spike... it’s time for the Alts.
Your patience will be paid off soon.
Target 1 - 1.14 (Fibonacci extension of 1.0, Corresponding to the all time high)
Target 2 - 1.5 (Fibonacci extension of 1.62)
Cheers!!!
Will History repeat itself for SKL/USD ? It seems that history will repeat itself. We have a trend and it looks that we are going to hit 0.89, then a small retraction before going up again. Now is the time to buy.
Trade with caution. Not a financial advisor.
SKLUSD 4H: So far holding pattern with decent supportAs above.
Looks like decent support in upper 0.6 to lower 0.7 range.
Sideways movement with some consolidation occurring. BB looking like they are squeezing and could see some price action soon.
Would like to see increased volume, MACD crossover 0 line, and with push over 0.82 and out of upper resistance trend line in both the big down channel and the sideways channel for continued uptrend. Watch that black circle area closely and if breaks out of this area, then good news for continued uptrend and towards mid to upper 0.8 and beyond.
God luck traders!
SKL and fractal The similarities between prior and current SKL price movements are hard to overlook. Fractal!!!
Let’s see how this play out. Blue drawing is my best guess.
SKL going to pump, but not before around mid April I think. This is just what I think, I hope it will pump earlier but it doesn't seem like it.
This is no financial advice.
Update on SKL - sitting on support!!!Support/resistance and the green downtrend curves (not line) after a big pop!!!
I hope the chart is self-explanatory!
SKL Analysis based on Elliott Impluse wave
I draw any wave by accurate fibo levels .
Hope you enjoy this Coin
If you like to enjoy more analysis just PM me in Telgeram messanger: @omid4628
Long term bullish viewSKL loves to pump. We're 45% away from the recent high. Good entry point right now.
ETH pumping
ETHBTC ratio pumping
The higher the ETH price, the better for SKL
market green today
SKL likely at the bottom
Stock market at all time high
FIL is dropping... where will that money go?
SKLUSH 4H: Looks like finding support with sideways movementAs above.
Finding some support at 0.72 with low volume and sideways movement. Had a spike over 1.0 through top trend line in this current channel but not sustained.
Look for increased volume, MACD on 2H to turn positive, and would like to see it blast through resistance area in lower to mid 0.8 range for continuation up into at least 0.9 range. Would be very encouraging if breaks and sustains above 1.0 for moon shoot.
If 0.72 support fails, then back down to lower 0.6 or 0.5 areas again.
Will continue to watch.
Good luck traders!!
SKL building up pressure for another run!!SKL found support with 200 EMA.
Broke descending channel with rising volume.
Massive run up to ATH 1’s range (over shot) wide resistant zone.
It retraced back support zone in green (0.75).
It’s currently printing a nice green 4H candle possibly signifying the end of the retrace (need a few more hrs to confirm at the time of this post).
RSI in the meantime is showing a nice hidden bull divergence.
If support holds and BTC continues to remain in its bull channel. I anticipate SKL to retest the 1’s zone.
Cheers 🍻
SKL, continuation or retracement?SKALE had a really good day today but looks to have retraced back from the .236 Fibonacci retrace level from the previous dip back to the .382 Fibonacci level and potentially could be forming the upper part of a forming wedge (dashed red line). This leaves a couple of options still on the table from the looks of it.
Option one is a continuation (which could easily be supported soon by MACD on the daily chart soon). However, there is also the possiblity that an ascending triangle could be starting (solid red lines) after which a small dip could occur over the next few days before heading up again (particularly if BTC dips), that is, assuming it doesn't continue downward beyond the bottom support (solid red line).
There at least look to be a couple of options upward for SKL at least, so it should be interesting to see how it plays out over the next few days.
SKLUSD - Pump and dump? Or..Curious to know how this does as I'm waiting for an entry. This coin was just listed on Gemini yesterday (not sure if that means anything lol).
SKLno idea how i messed up the previous chart, i must have been playing around. here is the updated chart on next target
