sklThe result of the analysis
Support and press the rocket to cheer me up
Observe the ten percent loss limit
Stay away from Bitcoins
Feel free to buy and sell and post your comments
SKLUSDT trade ideas
Mock Up Price Action for SKL | Mid Term (12HR)Mock Up Price Action for BINANCE:SKLUSDT | Mid Term (12HR)
- Watching and waiting for opportunities
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
sklSupport and press the rocket to cheer me up
Observe the ten percent loss limit
Stay away from Bitcoins
Feel free to buy and sell and post your comments
✴️ Skale Newtork 800%+ Potential Revealed!My dear Cryptocurrency traders, the market continues to improve, everything is looking better by the hour... Something really special is about to take place.
➖ Skale Newtork (SKLUSDT) is now full green on the weekly timeframe as it moves above EMA21.
Chart, after chart, after chart, is showing really strong bullish signals but still at low prices/near support.
The trading pairs are looking great but they are about to shoot up.
So in a way is early because the bullish wave is not yet in but at the same time is kind of late because when the bullish breakout happens it will go up way too fast and that's it, it becomes complex as soon as we are half way through.
That's why I prefer/recommend buy low near support and hold/wait strong, after the waiting we go big green and the rest is a piece of cake, easy to eat.
➖ Rising volume, SKLUSDT.
➖ The last three sessions green.
➖ Weekly RSI above 50.
The potential targets mapped on the chart can be just the initial wave because we will see new All-Time Highs in 2024.
Thank you for reading.
Namaste.
SKL Next Support & Resistance SKL Next Support & Resistance
0.02323
0.02402
0.02484
0.02778
0.03609
0.04525
0.07048
Risky SKLUSDT Long SKL recently had a massive surge of nearly 100%. after a downtrend it finds itself on a massive support level that could be a good entry point. As mentioned in the title this is a RISKY Long so dont invest too much.
Key points
-TP green box around +/- 0.107
-SL closure below support box under 0.0694
-I cant mention it enough but it is RISKY, Max leverage of 5 and dont invest more dan 5% of total portifolio.
- R:R 1:20
SKLUSDT(SKALE Network) Daily tf Range Updated till 27-12-23SKLUSDT(SKALE Network) Daily timeframe range. staying above 0.06934 means open way till 0.09938 halfway there. but it had its pump all it needs now is retail interest . if not than back to 0.05080.
Long SKL
SKL has been consolidating above the long-term trendline and forming a phase D of an accumulation schematic (Wyckoff).
For these reasons, a long set-up is proposed as in chart.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
SKLUSDTBINANCE:SKLUSDT is still in bullish form and can touch higher targets until key levels are broken
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
Don't forget to like and comment
SKLUSDT - D1SKLUSDT
D1 - A 3-wave structure has been formed (also fixation behind the trend line), which can lead to further upward movement, you can also see the beginning of the 5th wave on W1 - it is better to consider targets for breaking the maximum of the 3rd wave on W1, since this was a strong impulse - 0.06982
What can you expect?
Long - You can consider entering from these levels 0.06982 with a target of 0.06982
Cancellation if the price breaks the minimum of the 3rd wave - 0.03607
Long
Target 0.05316 - 0.05710 - 0.06350 - 0.06982
SKL Potential MovementSKL chart is preparing for the big move
Buy: 0.03935
TP1: 0.085
TP2: 0.1
TP3: 0.12
Good luck, thanks!
SKL BUY SETUPWe are considering a buy setup for SKL. Put this symbol in the watch list and enter the position if it reaches the buy zone.
Do not open a position without capital management and stop setting, and note that this is a buy setup, do not use this setup to open sell/short positions.
SKL/USDT Looking BullishTRADE ALERT!SKL
Ticker: SKL/USDT
Entry: 0.0438 - 0.0446
Take Profit: 0.0483 - 0.0599
Stop Loss: 0.0404
Risk to reward: 1:2
Technical Thesis: It seems like SKL is on the verge of breaking out from a falling wedge pattern, indicating a potentially bullish trend. This breakout could lead to an increase in pump lines for SKL. Keep an eye on the charts for confirmation and potential trading opportunities.
SKL is repeating the past
As can be seen on SKL chart, the current move is repeating the past with a similar move at the start of the year 2023.
the levels are on the chart, however, I dont think it will hit the same levels hit before since market conditions have changed, and SKL has a good reputation. I think it will only hit level (1) or (2) in the worst condition.
SKL/USDT Break out the key level area ??? SKL Analysis Today💎 SKL has undeniably left its mark on the market. Currently, SKL finds itself in a pivotal zone, facing a resistance area. If SKL successfully breaches this resistance in the near future, it will be poised to continue its upward trajectory, with the probability of reaching our target zone, encompassing both the supply and major supply areas.
💎 Conversely, if SKL fails to break through the resistance, there's a possibility that it will return to testing the demand area at $0.0275 in order to generate fresh momentum.
💎 During this retesting phase at the $0.0275 demand area, SKL must either maintain this level or risk breaching the demand. Such an outcome would be unfavorable for SKL, indicating a shift back to a downward movement and a potential descent to the strong demand area.
SKL UPDATE I anticipate SKL's price to surge by at least 30-60% from this point. We're awaiting some support from BTC before making the move. Let's observe.
Disclaimer: This is not financial advice. Perform your own research before making any decisions.
It is time to SKALE ⤴️Hello TradingView Family / Fellow Traders,
📉 After a 130% surge , BITRUE:SKLUSDT has entered a correction phase and is currently trading within the descending blue channel.
🏹 SKL is presently approaching a robust demand zone highlighted in green. Therefore, as the price approaches this zone, we will be seeking trend-following buy setups on lower timeframes.
📈 For the bulls to assume control and initiate the next upward impulse movement, a breakout above the blue channel is required.
Meanwhile, an expected movement towards the demand zone is anticipated.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
SKLUSDT - End of RetracementExtended retracement after bullish fundamentally driven runup entering into Consolidation phase.
Finding support at important 0.618 Fibonacci level.
Aggressive traders might bet on it returning to the previous recent highs.
There is also a Divergence on the MACD indicator showing a slowing of the bearish momentum.
Observe increased Volume as confirmation of buying interest
Trade signal | SKALE (SKL) completed setup for upto 37.50% pumpHi dear friends, hope you are well, and welcome to the new trade setup of SKALE (SKL) with US Dollar pair.
Previously we caught almost 22% pump of SKL as below:
Now on a 4-hr time frame, SKL has formed a bullish AB=CD move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
SKL/USDT plan bullish ride? 👀 🚀 SKL Today analysis💎 Paradisers, keep your eyes on SKLUSDT! We've observed its trajectory as it faces rejection from the supply zone, hinting at a heightened likelihood of a bullish surge post a retest of the demand zone.
💎 Historically, SKLUSDT has been adhering to a descending trendline. However, it managed to break free, charting an upward course. Currently, after facing rejection at the .2770 supply level, the odds are leaning towards a bullish resurgence upon retesting the .2373 demand zone.
💎 However, if the asset struggles to maintain this momentum, it might seek bullish support from the robust .1952 support level. A breach below this level could signal a potential downward shift. Stay alert and strategize accordingly!
