SKALE - SKL/USDT - 1H - Technical analysis published on 02/10/2025 (GMT)
- 105
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 0.041915 USDT
My targets
0.037022 USDT (-3.58%)
0.034732 USDT (-9.55%)
My analysis
There is a bearish trend on SKALE NETWORK - SKL/USDT both at the basic level and in the short term. A sale could be considered, so long as the price remains below 0.041915 USDT. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 0.037022 USDT. Then the price could move towards 0.034732 USDT. Then 0.030489 USDT by extension. Be careful, a return to above the resistance 0.041915 USDT would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.6
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SKALE NETWORK - SKL/USDT rating 0.038398 USDT. The price is lower by -0.08% since the last closing and was traded between 0.038398 USDT and 0.038422 USDT over the period. The price is currently at 0% from its lowest and -0.06% from its highest.0.038398
0.038422
0.038398
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of SKALE NETWORK - SKL/USDT indicates that the overall trend is bearish. The signals given by moving averages are at 71.43% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 6 are neutral and 6 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.030489 | 0.034732 | 0.037022 | 0.038398 | 0.042810 | 0.045736 | 0.052892 |
| Change (%) | -20.60% | -9.55% | -3.58% | - | +11.49% | +19.11% | +37.75% |
| Change | -0.007909 | -0.003666 | -0.001376 | - | +0.004412 | +0.007338 | +0.014494 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.033211 | 0.034896 | 0.036662 | 0.038347 | 0.040113 | 0.041798 | 0.043564 |
| Camarilla | 0.037480 | 0.037796 | 0.038113 | 0.038429 | 0.038745 | 0.039062 | 0.039378 |
| Woodie | 0.033253 | 0.034916 | 0.036704 | 0.038367 | 0.040155 | 0.041818 | 0.043606 |
| Fibonacci | 0.034896 | 0.036214 | 0.037028 | 0.038347 | 0.039665 | 0.040479 | 0.041798 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.015105 | 0.024919 | 0.032101 | 0.041915 | 0.049097 | 0.058911 | 0.066093 |
| Camarilla | 0.034610 | 0.036168 | 0.037726 | 0.039284 | 0.040842 | 0.042400 | 0.043958 |
| Woodie | 0.013790 | 0.024261 | 0.030786 | 0.041257 | 0.047782 | 0.058253 | 0.064778 |
| Fibonacci | 0.024919 | 0.031411 | 0.035422 | 0.041915 | 0.048407 | 0.052418 | 0.058911 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011907 | 0.025586 | 0.039610 | 0.053289 | 0.067313 | 0.080992 | 0.095016 |
| Camarilla | 0.046015 | 0.048554 | 0.051094 | 0.053633 | 0.056172 | 0.058712 | 0.061251 |
| Woodie | 0.012079 | 0.025672 | 0.039782 | 0.053375 | 0.067485 | 0.081078 | 0.095188 |
| Fibonacci | 0.025586 | 0.036169 | 0.042707 | 0.053289 | 0.063872 | 0.070410 | 0.080992 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 48.30 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -19.025101 | |
| AROON (14): | -92.857143 | |
| DEMA (21): | 0.038309 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.038495 | |
| Elder Ray (13): | -0.000186 | |
| Super Trend (3,10): | 0.038987 | |
| Zig ZAG (10): | 0.038362 | |
| VORTEX (21): | 0.9016 | |
| Stochastique (14,3,5): | 33.87 | |
| TEMA (21): | 0.037979 | |
| Williams %R (14): | -39.86 | |
| Chande Momentum Oscillator (20): | -0.000839 | |
| Repulse (5,40,3): | 1.7583 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0101 | |
| Courbe Coppock: | 7.11 |
| MA7: | 0.039675 | |
| MA20: | 0.045614 | |
| MA50: | 0.047093 | |
| MA100: | 0.051712 | |
| MAexp7: | 0.038129 | |
| MAexp20: | 0.038490 | |
| MAexp50: | 0.038566 | |
| MAexp100: | 0.039314 | |
| Price / MA7: | -3.22% | |
| Price / MA20: | -15.82% | |
| Price / MA50: | -18.46% | |
| Price / MA100: | -25.75% | |
| Price / MAexp7: | +0.71% | |
| Price / MAexp20: | -0.24% | |
| Price / MAexp50: | -0.44% | |
| Price / MAexp100: | -2.33% |
Quotes :
-
Real time data
-
CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis SKALE - SKL/USDT - 1H