SKALE NETWORK - SKL/USD - 15 min. - Technical analysis published on 01/08/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
28%
22%
50%
My opinion
Bullish above 0.022733 USD
My targets
0.023233 USD (+1.01%)
0.023467 USD (+2.03%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SKALE NETWORK - SKL/USD as long as the price remains well above 0.022733 USD. The buyers' bullish objective is set at 0.023233 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.023467 USD. If there is any crossing, the next objective would be the resistance located at 0.024750 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
4.8
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This analysis was given by Henry07. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SKALE NETWORK - SKL/USD price is 0.023000 USD. The price registered an increase of +1.32% on the session with the lowest point at 0.022400 USD and the highest point at 0.023200 USD. The deviation from the price is +2.68% for the low point and -0.86% for the high point.0.022400
0.023200
0.023000
Here is a more detailed summary of the historical variations registered by SKALE NETWORK - SKL/USD:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this SKALE NETWORK - SKL/USD chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.020708 | 0.021600 | 0.022400 | 0.023000 | 0.024750 | 0.042800 | 0.055800 |
| Change (%) | -9.97% | -6.09% | -2.61% | - | +7.61% | +86.09% | +142.61% |
| Change | -0.002292 | -0.001400 | -0.000600 | - | +0.001750 | +0.019800 | +0.032800 |
| Level | Minor | Minor | Major | - | Minor | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.021967 | 0.022233 | 0.022467 | 0.022733 | 0.022967 | 0.023233 | 0.023467 |
| Camarilla | 0.022563 | 0.022608 | 0.022654 | 0.022700 | 0.022746 | 0.022792 | 0.022838 |
| Woodie | 0.021950 | 0.022225 | 0.022450 | 0.022725 | 0.022950 | 0.023225 | 0.023450 |
| Fibonacci | 0.022233 | 0.022424 | 0.022542 | 0.022733 | 0.022924 | 0.023042 | 0.023233 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.017133 | 0.018367 | 0.020533 | 0.021767 | 0.023933 | 0.025167 | 0.027333 |
| Camarilla | 0.021765 | 0.022077 | 0.022388 | 0.022700 | 0.023012 | 0.023323 | 0.023635 |
| Woodie | 0.017600 | 0.018600 | 0.021000 | 0.022000 | 0.024400 | 0.025400 | 0.027800 |
| Fibonacci | 0.018367 | 0.019666 | 0.020468 | 0.021767 | 0.023066 | 0.023868 | 0.025167 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.007907 | 0.013753 | 0.016777 | 0.022623 | 0.025647 | 0.031493 | 0.034517 |
| Camarilla | 0.017361 | 0.018174 | 0.018987 | 0.019800 | 0.020613 | 0.021426 | 0.022239 |
| Woodie | 0.006495 | 0.013048 | 0.015365 | 0.021918 | 0.024235 | 0.030788 | 0.033105 |
| Fibonacci | 0.013753 | 0.017142 | 0.019235 | 0.022623 | 0.026012 | 0.028105 | 0.031493 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.64 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 10.329598 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.022876 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.023066 | |
| Elder Ray (13): | -0.000009 | |
| Super Trend (3,10): | 0.022735 | |
| Zig ZAG (10): | 0.022900 | |
| VORTEX (21): | 0.7778 | |
| Stochastique (14,3,5): | 0.00 | |
| TEMA (21): | 0.022837 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.000100 | |
| Repulse (5,40,3): | -0.4600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0175 | |
| Courbe Coppock: | 0.62 |
| MA7: | 0.022129 | |
| MA20: | 0.021685 | |
| MA50: | 0.023950 | |
| MA100: | 0.029288 | |
| MAexp7: | 0.022833 | |
| MAexp20: | 0.022871 | |
| MAexp50: | 0.022821 | |
| MAexp100: | 0.022746 | |
| Price / MA7: | +3.94% | |
| Price / MA20: | +6.06% | |
| Price / MA50: | -3.97% | |
| Price / MA100: | -21.47% | |
| Price / MAexp7: | +0.73% | |
| Price / MAexp20: | +0.56% | |
| Price / MAexp50: | +0.78% | |
| Price / MAexp100: | +1.12% |
Quotes :
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Real time data
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