TonyTheBullSeverino
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Chartered Market Technician. Cycles, crowds, psychology. I don’t predict — I observe structure. Less noise. More signal.
I thought I shared the chart yesterday, but it didn’t publish. It’s a little late now, but I think this still has legs considering how strong the breakout is
SKL is breaking out from a falling wedge pattern. It’s done 120% in two days, so there is a chance of a pullback soon
However, I think SKL gets to $1 again, making this a potential 20x from current levels
The weekly RSI is making a higher high and headed toward 70. Weekly Bollinger Bands show massive expansion
Monthly is at the Bollinger Band basis line. If it gets above, it should make a run to $0.10, which is another 100% move from here.
Cardano’s ADX is above 20 and rising, suggesting a trend is strengthening but slowly.
Last month’s candle was a bullish engulfing and price is holding above the Bollinger Bands expand basis line.
A close above $1 and the upper BB should send ADA into a bullish impulse.