$SKL - ready for another run

SKL🚀 - (1-3 days)

- About to test descending wedge (buy the break) ✅
- Volume on daily heading up and hourly ✅
- 4 days of support above the $0.68usd range ✅
- Golden Cross coming ✅
- Res ichimoku cloud thinning out, currently occupies a $0.02 range ✅


Enter at break or uptrend resistance $0.715-$0.735


Target 1: $0.77usd
Target 2: $0.88usd
Target 3: $1.02usd
Target 4: $1.12usd

Stop loss: $0.668

Potential gain: 61.67%
Potential loss: 4.36%

RR 1:14.13
Risk: low risk


Worst case scenario: SL is breached price could fall to the bottom of the wedge around $0.50usd in that case we would look for a buy - although on this trade a 4.36% is the most you would lose 🐳