SKALE NETWORK - SKL/USD - 15 min. - Technical analysis published on 01/10/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 0.024933 USD
My targets
0.025667 USD (+2.63%)
0.026533 USD (+6.09%)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade SKALE NETWORK - SKL/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.024933 USD. The buyers' bullish objective is set at 0.025667 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.026533 USD. If there is any crossing, the next objective would be the resistance located at 0.027267 USD. If there is a bearish break in the support located at 0.024933 USD some indecision would arise.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.3
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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 rating is 0.025010 USD. The price has increased by +0.85% since the last closing with the lowest point at 0.024310 USD and the highest point at 0.025400 USD. The deviation from the price is +2.88% for the low point and -1.54% for the high point.0.024310
0.025400
0.025010
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of SKALE NETWORK - SKL/USD indicates that the overall trend is slightly bullish. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 11 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Aroon indicator bullish trend
Type : Bullish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.021600 | 0.022400 | 0.024750 | 0.025010 | 0.025800 | 0.042800 | 0.055800 |
| Change (%) | -13.63% | -10.44% | -1.04% | - | +3.16% | +71.13% | +123.11% |
| Change | -0.003410 | -0.002610 | -0.000260 | - | +0.000790 | +0.017790 | +0.030790 |
| Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.022467 | 0.023333 | 0.024067 | 0.024933 | 0.025667 | 0.026533 | 0.027267 |
| Camarilla | 0.024360 | 0.024507 | 0.024653 | 0.024800 | 0.024947 | 0.025093 | 0.025240 |
| Woodie | 0.022400 | 0.023300 | 0.024000 | 0.024900 | 0.025600 | 0.026500 | 0.027200 |
| Fibonacci | 0.023333 | 0.023945 | 0.024322 | 0.024933 | 0.025545 | 0.025922 | 0.026533 |
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): | 56.12 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 10.210721 | |
| AROON (14): | -14.285714 | |
| DEMA (21): | 0.024988 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.024330 | |
| Elder Ray (13): | 0.000151 | |
| Super Trend (3,10): | 0.025341 | |
| Zig ZAG (10): | 0.025100 | |
| VORTEX (21): | 0.8630 | |
| Stochastique (14,3,5): | 86.53 | |
| TEMA (21): | 0.025039 | |
| Williams %R (14): | -20.20 | |
| Chande Momentum Oscillator (20): | 0.000690 | |
| Repulse (5,40,3): | 0.3806 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0167 | |
| Courbe Coppock: | 0.08 |
| MA7: | 0.023400 | |
| MA20: | 0.022080 | |
| MA50: | 0.023996 | |
| MA100: | 0.029034 | |
| MAexp7: | 0.025080 | |
| MAexp20: | 0.024993 | |
| MAexp50: | 0.024995 | |
| MAexp100: | 0.024841 | |
| Price / MA7: | +6.88% | |
| Price / MA20: | +13.27% | |
| Price / MA50: | +4.23% | |
| Price / MA100: | -13.86% | |
| Price / MAexp7: | -0.28% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | +0.06% | |
| Price / MAexp100: | +0.68% |
Quotes :
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Real time data
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