SKL has been inside this pennant for a couple of weeks now. Looking at the general market direction of crypto, SKL has been lagging behind for a while now. This trade is based on both the bullish pennant and the fact that SKL hasn't seen much action in quite some time now.
On the chart Iâve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
On the chart Iâve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
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