The chart on SKL is screaming overbought at me
Not my favorite setup ever, but the risk/reward justifies it.
SETUP โ ๐ SHORT
๐ Trade Plan:
๐ Entry: 0.004962 โ 0.005012
๐ Stop: 0.005411
๐ฏ TP1: 0.004464
๐ฏ TP2: 0.003970
๐ฏ TP3: 0.003622
๐ Confidence: 82%
The chart is a masterclass in distribution.
The move lower is far from complete.
Accumulation Done ๐ $SKL ๐ Launch
#SKL $SOL $BTC
Not my favorite setup ever, but the risk/reward justifies it.
SETUP โ ๐ SHORT
๐ Trade Plan:
๐ Entry: 0.004962 โ 0.005012
๐ Stop: 0.005411
๐ฏ TP1: 0.004464
๐ฏ TP2: 0.003970
๐ฏ TP3: 0.003622
๐ Confidence: 82%
The chart is a masterclass in distribution.
The move lower is far from complete.
Accumulation Done ๐ $SKL ๐ Launch
#SKL $SOL $BTC
