TonyTheBullSeverino

Skale SKLUSD Analysis

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 ADAUSD Analysis by Request

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.

Ethereum Bullish August Closing Price Target

If Ether can close August above $3,800, it will trigger the a buy signal with a close above the upper Bollinger Band on the two-month timeframe.

This will be the first buy signal since January 2021.

The buy signal will also fire as the Bollinger Bands expand after the tightest squeeze and lowest BBW (Bollinger Bands Width) reading ever.