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
SKL
🆓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$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
SKL gaint falling wedgeSKL / USDT
SKL was in strong downtrend since march
(Almost 4 months in falling wedge)
Bulls show some strength here
As selling pressure start to drop too
If we hold weekly demand as base of support very high chance we will have nice pump
Invalidation : Loss support = dump
Not financial advice
Best of luck
This Is How SKALE Network Can Turn Your Thousand$ To Million$Down channel:
On the daily timeframe chart, the price action of SKL is moving in a down channel since the month of March 2021. It was moving between the resistance in the support of this down channel very well. But after 28th May so far, the priceline of Skale is moving sideways and did not hit the resistance or support of the channel and moved slightly to the downside and now it has started moving towards the upside.
Breaking out the triangle:
If we switch to the 4 -hourly chart, then the price action has broken out the resistance of the triangle. Now the entry can be between: $0.25 to $0.258 and the support of the triangle can be used as a stop loss because here we have a recent swing low before the breakout which is $0.22. The immediate target after this breakout can be $
A big bullish BAT move:
On the weekly time frame chart, the price action has of SKL has formed a big bullish BAT pattern.
The buy and sell targets as per the Fibonacci sequence of this 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. But there is strong support at $0.2240, therefore, we can use this level as stop loss to minimize the risk factor.
As per the above targets, this pattern has a huge profit potential 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.
Time for Skl/Eth move?A little double bullish divergence on the daily time frame. Skale has been losing a lot of value in comparison to ETH lately. I think it’s time for a breakout.
SKLBTC - SKLUSDTENTRY - STL - TP on picture
TP of me . And TP of you , i don't know
You can buy more if price lower entry
" High risk scaling consider when entering orders "
Wait to entry no buy price now if price done TP2 , We cancel this order !
THIS SHITCOIN BUY 20% $ TOTAL ACCOUNT
I am fomo following the recent pump dump events
#SKL will need a few daysHi guys
if I'm correct, I believe SKL will need a few days to get back to 0.60 - 0.70
we will probably see some up and downs over the next days.
lets hope some whales can see the opportunity and help us out!
the market supply is so low for SKL... how I wish to see half of #XRP market cap down here...
Patience Always Pays OffWe are still in this huge descending wedge .
Stoch RSI is showing signs of an upward movment.
RSI is inching higher every day.
MACD seems ready for a cross and lower timeframes confirm that.
Volume is decent; however, for a solid move, we still need more.
I am still bullish on this coin.
#SKL if going up, same as #XRPSKL - We need to go out of the green triangle.
if this happen, we can probably see 0.45-46 between 00h and 2am (London time)
*not financial advice, please note we can still drop to 0.37-38 after 00H00 if we don't cross the 0.44 and hold support
XRP will need to cross 0.915 and hold support
🆓SKALE Network (SKL) May-28 #SKL $SKLSKL is moving down to 0.4$ zone again after being rejected from 0.6$ zone. 0.4$ zone is a good support for generating new rally up to 0.6$ zone again and 0.8$. But if it loses 0.4$ zone, it will have a decline to 0.3$ or even 0.2$ at mid June
📈BUY
-Buy: 0.39-0.41$ if A. SL if B
-Buy: 0.585-0.615$ if A. SL if B
📉SELL
-Sell: 0.585-0.615$. SL if A
-Sell: 0.78-0.82$. SL if A
♻️BACK-UP
-Sell: 0.39-0.41$ if B. SL if A
-Buy: 0.29-0.31$ if A. SL if B
-Buy: 0.19-0.21$ if A. 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
SKL: THE BIG PICTURE ALWAYS HELPSWe're still stuck within this falling wedge in the 3D timeframe, and boundaries are respected.
To avoid FUD & FOMO always keep the big picture in mind.
When the breakout comes to pass, it will be parabolic. I have no reason to doubt. This wedge survived the worst. To the moon!