Trading plans for 23.05. Something will 100% catch your eye!👀Here are all plans for today, all those coins have really good setups. Instead of giving you 1-2 coins per day in separate posts, I collected 6 setups in one post to further facilitate your trading ability.
If you enjoy it, give it a like and a comment, so I will continue to do it in the future.
The thing I like the most today is that most of those setups can be traded both ways. The levels and trendlines are both powerful and you should trade this setups in direction of bitcoin .
In order to enter in any of this positions with scalper stop loss 1%, you have to wait for price to squeeze to the level or trendline on 5m timeframe, see a base of 5-8 candles ready and look for activity in the DOM.
If you don't know how to do that, just wait for squeezing and use swing stop-losses of 3%.
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
SKLUSDT trade ideas
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 / USDTI think SKL token fully retraced again and that we now have a good opportunity to buy, I expect it to at least make another 40% up, with a massive upwards potential.
Secure your TP, set your stop losses, but i this case reward risk ratio is really good for me. Once you cover your profits you can always save some for potential upward run.
SKL / USDT On macro chart we already broke the big triangle, we got volume for first pump and now we retraced to good buying position.
Here we have relative small risk to reward ratio, I make and idea which is safer, IMO this chart can go way beyond my prediction too, maybe sell what you invested on first TP and leave the rest as you wish to risk.
Hope we will see a good run again, considering BTC turned around hopefully.
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.
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.