Luca7

SKL Potential break out - another beautiful falling wedge

Panjang
BINANCE:SKLUSDT   SKL / TetherUS
Looking to break out from somewhere inside the green box, as it corresponds with the previous high.

The last pump came from SKL's Coinsbase listing and was somewhat explosive, and has had a week or so consolidation, and is now looking to break out again, as USA wakes up with their new stimulus checks in their accounts.

A survey performed by the bank of America found that 20 - 30% of stimulus check will find their way to the stonk and crypto markets.... time will tell.

Fib levels stated on the way up.
Penafian

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