💎 Paradisers, I am expecting that #SKL might trap buyers who entered based on the supportive trendline, given that the short-term trend remains bearish.
💎If #SKLUSDT displays a Change of Character (CHoCH) and Break of Structure (BOS) from the key level, then a bounce could be expected.
💎Should there be a breakdown of this key level without any bullish signals,...
SKLUSDT refers to the trading pair between SKALE Network's native token (SKL) and the stablecoin Tether (USDT) on a cryptocurrency exchange. SKALE Network is a blockchain platform that aims to provide high-performance decentralized applications (dApps) and smart contracts. The SKL token is used within the SKALE Network for various purposes such as staking,...
SKL/USDT.P is on bullish view, there is buying pressure and make a big move.
Analyse before taking any position.
I will take position if it crosses $0.02361 and place a stoploss at $0.023
SKL on a 4hr timeframe !
🚫Disclaimer:
I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
Thank you!!!
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This is my personal view of this currency - also the market has high risks. If you do not know anything about these risks, I do not advise you to enter or exit any deals - and you bear responsibility for that -
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