SKALELong
SKALE #SKL is positioned nicely versus Ethereum
right in accumulation zone
which was a previous launchpad for good gains versus #ETH
can it do it again?
Well odds favour YES
and you have a well defined area/level that if you see skale breakdown on this ratio you can abandon the trade.
But I believe Skale can go on a Run
Gasless Gaming blockchains are very much needed if #Crypto is to succeed in bringing millions of more people into this space.
which was a previous launchpad for good gains versus #ETH
can it do it again?
Well odds favour YES
and you have a well defined area/level that if you see skale breakdown on this ratio you can abandon the trade.
But I believe Skale can go on a Run
Gasless Gaming blockchains are very much needed if #Crypto is to succeed in bringing millions of more people into this space.
Note
small time frame
nice break out and retest
on the usd chart
Note
could be a good entry point
oversold on the hourly RSI
into a S/R level
Note
The action on #SKALE is constructive for a good base to launch from. It has been tough for many Altcoin investors these past few years. It is that pain and removal of weak hands that allows these coins to finally go on epic runs.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.