SKLUSD
Have a big SKL position again after seeing FIB retracement levels hold very nicely at .58 and .62 with lots of buyers at these levels.
I'm personally seeing the 75cent level of resistance break very quickly once we break out from the downtrendline. This is barring any breakdown from BTC which would obviously throw things off if it happens (knocks on wood). Not all that worried about that happening right now though because I'm also bullish on BTC again after its been overshadowed by ETH and BTC Cash the past week. BTC's been trading sideways for the past month and I think we could at least retest the 65k ATH soon.
There's a potential to go back down to .58 but at this point the setup is too good to not be long IMO. Hopefully I'll see you guys at $0.85+ again very shortly :)
Comment:
BTC currently breaking out of downtrend since mid April. 60k+ shortly imo.
Comment:
It feels like a lot of alt capital is flowing into Doge. Once that shitcoin dumps we should be back on course...