CryptoRich408

CryptoRich408

SKL hasn't broken out yet like many of the ALTs in this early leg of the mega bull. You can see resistance around the .50 cent area, once .50 breaks you can see the first target around .74 cents. After that it is clear sky's with some resistance around target 2. We break target two and we are off to the races.

CryptoRich408

As you can see the first target was reached on the initial move from coinbase listing down to about the .07 cent area. Overlap of the most recent move to a conservative target of the 1.618 level puts the this right around the .33 cent mark of target 2 from initial FIB analysis.

CryptoRich408

Once again taking the high and low peak for CB listing with your fib extensions you can see you price targets.

CryptoRich408 Updated 

Based on the CB listing price of peak and low. Fib extension from this macro triangle puts as at 1.62 extension for Target 1 and 2.618 target 2.