FieryTrading

🔥 SKL Triangle Reversal

Long
BINANCE:SKLUSDT   SKL / TetherUS
SKL has seen some strong volatility over the last couple of weeks, starting all the way in February. Currently, the price has been consolidating for almost a month now, fabricating a triangle in the process.

Since the price appears to be reversing from the bottom support, I'd say we could see SKL moving towards the triangle resistance fairly soon, potentially targeting the ATH resistance in the coming weeks.

Happy trading!

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