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SKLUSDT trade ideas

SKL > Parallel Channel > Upmove till next Resistance?Hello Friends, Hope you all are having a thrill in your trading journey. I am presenting you my analysis of SKL. According to my technical analysis, SKL is moving in a parallel channel. Now, we are expecting a rise till next resistance. "My analysis is valid until We don't see a breakout from channel" I hope my analysis is pretty clear to you guys. Kindly do your own research and follow proper risk management. Feel free to share your views in the comment section. Like and Follow! Best Regards, Shaswat Naman TradeThrill, India🇮🇳 Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Long
by tradethrill
3
SKLUSDT TRENDSklusdt continues to consolidate after a breakdown below the support zone , this implies price is trading at a very strong support zone . A good entry is at (0.2- 0.202), this was the perfect entry published yesterday but sad none was able to leverage the prediction due to the restrictions on yesterday's post. Skl has been consolidating btw 0.234 - 0.244, you can take a long postion at the zone with a stop loss at 0.229 (3.5% risk). Your likes and comments would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.
Long
by Pearl-A
2
SKALE Network Has Revealed Another Clue For A Huge RallyDown channel: Since March 2021 the price action of SKL is moving in a down channel. After applying the volume profile on the complete price action moving within this channel, we can see the result that the volume profile is showing very less interest of the traders close to the support of this channel and the point of control of the volume profile is above the resistance of this channel and we have very strong interest of the traders even above the resistance. The price action can follow the point of control which can lead to a big break up. There is also a 100 simple moving average resistance at the same level where we have the resistance of down channel. Small Shark: On the daily time frame chart, the price action of SKL has formed the final leg of bullish Shark. Therefore a reversal move is possible from here. Big BAT: On the weekly time frame chart, the price action has of SKL has formed a big bullish BAT pattern. As per the Fibonacci sequence the buy and sell targets for this bullish BAT can be as below: Buy between: $0.2898 to $0.1684 Sell between: $0.5794 to $1. 01 The maximum extent of potential reversal zone $0.1684 can be used as stop loss. As per the above targets, this trade has a huge profit possibility of up to 499%, and the loss possibility is 42% but at this time it is 22% as the priceline is moving at $0.2240. Conclusion: Even though the price action is moving in the down channel channel for the long time period. But now we are having two harmonic bullish reversal patterns formed. One is on the daily time frame another one is on the weekly time frame. These harmonic moves are signaling to a big break from this down channel out soon.
Long
by moon333
2
DOGE AND SKL WICH ONE WILL BRING PRICE TO 1 usd + AS BEST ONE!Hello trading friends, A challenge between 2 coins Doge - and SKL as they are around the same price now, which one do you expect will hit as first 1 USD? add it into the comments. We did update before about the doge since 0,004 when doge did start to increase, and we did go with the before trend and have seen doge increase as Elon musk did promote the coin. SKL is a sleeping giant that is not so known as dodge - We from a watch trend expect that SKL can hit 1 USD before Doge can do that. This one more reason, the trend - data and history shows. and what do you expect? add it into comments, thank you. Out of this challenge - SKL is very undervalued in the price, and we expect with time we will see great increase trends on it. This update means not that we will bring doge into the lower trend - doge can show also good increases as they did show before also, but if we can choose between these 2, then we go for SKL. # This is not an investment view this is just our expectation, At the same time, we trade the market also for the short term as markets can change with time. As always manage your risk, and have great trading time! If you like the content give it a like, thank you
Long
by watchtrend
3
SKL- TREND WHALES ARE YOU READY FOR SKL NETWORK?... MTN 420Hello trading friends, SKL has the chance to get pumped by whales - and this depending on more trends, not only history trend shows this, but more private signals that we use - shows SKL has a huge chance for this breakout. SKL is under trend what makes this coin more interesting. I will be not surprised if this coin increase to a high amount, depending on the last study trend SKL is very interesting, not only for whales but also for normal users also. Know that this coin choice by watch trend as the top coin with an increasing trend. We know there is noting called 100% into crypto - but this is our trend and use expecting - you should do your own study, and manage your ris k. Have a great coffee time! Follow/like for more trends.
Long
by watchtrend
1
SKALE - THE TOP COIN THAT CAN SHOW INCREASE EFFECTS WITH HUGE % Hello trading friends, When we find a signal like this, then the most time we add it also as long term, we don't just a coin for no reason, there should be at last high study on the trend, and we can say SKL is a top coin for coming time ( long term vision possible ATH) WE did meet this coin also before, when we did add this below update when the price was 0,30, we did expect 1 USD, and in some days the price did hit 1 USD + See the below chart from 02-03-2021 We expect a great increase trend on SKL with possible ATH - at last, we expect for short term 50% increase as we did say from this start price 0,190 Have a great coffee Time! #Manage always your risk, and dont enter with all in.
Long
by watchtrend
4
SKALE NETWORK IS READY FOR A HUGE BREAKOUT 50% + TO 0,32+.. SKLHello trading friends, Our eyes focus coming time on SKALE NETWORK it shows great trends on long term depending on TA study. We expecting a target of 0,32 + long term . this can also be done in the short term if the volume will be done faster. there is also a possible way that we can hit ATH , but for that target we should get more confirmations coming time. We have expected more increases in the last times. and the same way we use now on the Skale network. Means this that you should enter scale now directly? this is not an advice update to let you buy or sell, this is our expecting trend for the coming time for scale, any coin you enter study the trend before you enter. Have great coffee time
Long
by watchtrend
2
SKALE NETWORK ON IMPORTANT ZONE FOR INCREASE TREND 10% +Hello trading friends, Chart data shows the interesting trend for the Skale network for a possible breakout, that even can meet the 10% - same time know this is expecting depending on TA, and don't go 100% on the trade. always check your risk before entering any order, and there is no must to enter directly an order with no study. Back to trend The scale was before a coin the 1 USD coin, we know into markets there is no cheap or expensive, as this update depending on markets trend and TA. We expecting an increased trend coming time if we hold the uptrend. Have a good coffee time! Follow/like for more updates, thank you
Long
by watchtrend
3
🆓SKALE Network (SKL) July-19 #SKL $SKLSKL is heading towards $0.18 zone, which is reliable support for $0.24, $0.28 and $0.38 targets in early August. However, if SKL loses $0.18, then $0.14 is also a good support that we need to pay attention to 📈BUY 🔴Buy : 0.176-0.184$. SL if B 📉SELL 🔴Sell : 0.234-0.246$. SL if A 🔴Sell : 0.273-0.287$. SL if A 🔴Sell : 0.372-0.388$. SL if A ♻️BACK-UP 🔵Sell : 0.176-0.184$ if B. SL if A 🔵Buy : 0.137-0.143$. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Long
by CryptoStation