💎 Paradisers, the recent market movements of #SKL have caught our attention. Currently, SKL is encountering resistance, with a breakout needed to reignite upward momentum.
💎 A successful breakout could propel SKL towards our target area within the supply zone.
💎 However, if SKL faces rejection at this resistance level, a retreat to test the support trendline is likely, creating new momentum.
💎 Should SKL fail to hold the support trendline and break below it, it would mark a significant shift in the bullish trend. Testing the Bullish OB area becomes crucial in such a scenario, as a bounce from here could reignite attempts to break above the resistance.
💎 However, a breakdown below the Bullish OB would confirm a bearish trend, potentially leading to further downward movement.
MyCryptoParadise
iFeel the success🌴
💎 A successful breakout could propel SKL towards our target area within the supply zone.
💎 However, if SKL faces rejection at this resistance level, a retreat to test the support trendline is likely, creating new momentum.
💎 Should SKL fail to hold the support trendline and break below it, it would mark a significant shift in the bullish trend. Testing the Bullish OB area becomes crucial in such a scenario, as a bounce from here could reignite attempts to break above the resistance.
💎 However, a breakdown below the Bullish OB would confirm a bearish trend, potentially leading to further downward movement.
MyCryptoParadise
iFeel the success🌴
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.