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SKLBTC

SKL-BTC - prime for breakout!!!SKL-BTC broke out at end of April, revisit apex/resistance now turned support and bounced back. Higher low on 4/12. Would like to see higher high to confirm. RSI broke out of down-trend, bounced off over-sold and on its way up, gaining strength. MACD turned positive. With all these positive signs, I think SKL is prime to break out soon... similarly SKLUSD is nearing the apex of the triangle. Target on chart. Patience will be rewarded. Not financial advice. Good luck trading!
Long
by EtherSwinger
SKLAs u all know if you follow my trades I am long SKL. It was the only Alt coin I kept open after Aril 13th. I tweeted that the top was in on alt coins and actually fomo ed back in B4 realizing that I was right I basically missed the top by few %. This was big for me b c I been trading crypto for many years and have always been super greedy, and kept adding my winnings into new trades or just HODLed up then back down. I would tell myself I like this coin or that coin and am holding for years. I do keep LT alts but once I changed my perspective on alt coin trading was when I actually made a nice return and kept it. You see the money isn't real until you actually sell into USD or whatever currency you trade with and then keep it and don't put the winnings at risk. Anyway I will get off my soap box here and say I held SKL up to .83c and back down to where we are today. I even knew .83c was the top. But I did this because I wanted to be in a trade and was still kinda 1/2 new big mike taking profits like a boss and 1/2 stupid big mike making Noob mistakes. But I also didn't think we would get this wrecked since I pulled my cash out. If you look at my old analysis on SKL I had this alt in a triangle with fib extension from the .53c lows in Feb. Now I can see the pattern we are in and I think it is more of a falling wedge and I am still expecting a big push for SKL b c I feel it is lagging. How is it lagging Big Mike? look at the weekly Stock RSI on most Alts vs USD & VS BTC and the weekly charts r coming out of overbought or still in overbought. But SKL (also ADA) r currently in oversold and have yet to have the big push. Anyway that is my theory you guys should always DYOR.
Long
by Big_Mike716
3
SKLUSDTHey. SKL had an amazing breakout as I said it will. I hope you opened that position and gained your profits already. But now it's getting rejected by the upper Bollinger Band and I don't see any safe positions for this coin for now. I'm publishing this idea to let you know that it's not a safe coin to trade right now. there are no valid data for how it's going to behave right now. Look for other coins. I know since it's the hottest coin on Binance right now some of you might FOMO, but don't. Good Luck 🎲 Tell me your ideas. Like and Share 🗣✅
by ShawnMCR
7
SKLBTC - Fundamentals, Short-time frame & Price expectations!Hello TRaders, Take a look at the short time frame. There's a double bottom spotted on the chart and oscillators. As well as a cross forming on the MACD. We should see a small bounce to the upside over the next couple of days. If it can hold above the EMA's, we may see a reversal. Price is almost at the same price point as when it was listed on Coinbase. Fundamentally, we have a lot of great announcements coming out over the next 30-60 days. There are going to be new staking options, integrations, subgraphs development, and interchain messaging. SKL is the #18 top smart contract project on coinmarketcap, in terms of market cap. The newly added staking should help to give it a boost to the number #15-#12 spot on top Smart Contracts. This would be an estimated market cap of about $1.5 Bil. - $675 Mil. Putting the price at: $2.27 - $1.02 You can take a look at some of the articles here: coinmarketcal.com Thanks!
SLong
by MarkStPeter