"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the buyers still there? Enough to absorb the selling power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected...
Its been just one year and the market is in the same spot as it was last year at this very day. a complete 360 and to me a good sign of whats to come-
Looking at the long term downtrend (white lines) and the short term lines, SKL hopefully will hold above the green ascending line as BTC finishes it's consolidation. Once the BTC crowd calms down maybe the alts can confidently grow, with SKL primed as a candidate for some major gains. Right now it seems like it's in limbo, but any dips from here most likely will...
Howdy folks, another play I wanted to share I've opened a position in Skale coin at around 12 cents bc (a) it is looking oversold at these levels, (b) there is chance for upside to 100-500%+, whereas if it dips from here I only temporarily am down 30-50% (I don't actually lose this money unless I sell while down, but with crypto if you hold long enough it will...
Another easy buy here - yes it can go lower and probably will but it won't matter in 12months - Fear is high and people are panic selling...this game is too easy for me...buy buy buy, Will update on targets once a bottom is confirmed.
I'm starting to accumulate here and will buy more if price falls a lot, As title says ditch eth and bet on l2...it's pretty self explanatory. I expect successful L2's to out perform ETH by quite a lot in 2022, WHY? Because L2's will have all the attention and are solving a real problem - the future is multi chain.
Long Setup Initial Target: .49-.5 Crypto boom targets: .65, .8, 1.10 Over extension: $2.10
$SKL has reclaimed support and is looking ready to make a big move back up. Adding to spot position as long as support stays intact.
Good old Gartley, one of my favorite patterns how will she play out this time
This wave should mark the completion of the correction. I'm expecting a parabolic wave 3 higher towards $1 incoming
As above. I'ma spend this holiday locked in My body got rid of them toxins SKLUSD broke local down trend and pumped up to low 0.4 range again. Needs more volume to break 0.5 level which has been recent strong local resistance level and if breaks this level, look for possible bigger bull run to start. 1D and 1W RSI look like they are trending up and still...
In this video: * Quick and dirty napkin charting on sklusd * Price target .70 cents
On the weekly it looks like an "M" pattern forming that could take us down to a low support level around .20 cents. I feel like this could hinge on the movement of BTC. BTC dipping could cause skale to break down to nearest support level before rallying to new all time highs.
SKL has been consolidating for a very long time and is one of few alts that has yet to breakout. Current supports .32 .30. Current Resistance .385 .40 .425. A daily close above .46 would be confirmation of breakout.
I KNOW NOTHING. DO NOT TRADE ON MY PROJECTIONS. NOT FINACIAL ADVICE. #Skale has broken out of this giant triangle and has flipped the diagonal resistance to support.
I think longing SKL could be a strong trade. Don't think the support will break, as it overlaps with the 0.5 fib, and think its likely that it break the downtrend here. First target is around 23% from entry
SKL has broken out of the trend line resistance and longer timeframe osciallators indicate that it will have the strength to make a move to the upside.
As we can see following the support qnd resistance lines. We expecte a 25% up in the next 3 days. Follow me for more works and grow your money