SKALE NETWORK - SKL/USD - 15 min. - Technical analysis published on 01/12/2023 (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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 0.025167 USD
My targets
0.026333 USD (+0.89%)
0.026967 USD (+3.32%)
My analysis
The bullish trend is currently very strong on SKALE NETWORK - SKL/USD. As long as the price remains above the support at 0.025167 USD, you could try to benefit from the boom. The first bullish objective is located at 0.026333 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.026967 USD as an objective. Crossing it would then enable buyers to target 0.028133 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
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 0.026100 USD. The price has increased by +1.56% since the last closing with the lowest point at 0.025600 USD and the highest point at 0.026300 USD. The deviation from the price is +1.95% for the low point and -0.76% for the high point.0.025600
0.026300
0.026100
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of SKALE NETWORK - SKL/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong 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, 12 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.024000 | 0.024750 | 0.025500 | 0.026100 | 0.042800 | 0.055800 | 0.074900 |
| Change (%) | -8.05% | -5.17% | -2.30% | - | +63.98% | +113.79% | +186.97% |
| Change | -0.002100 | -0.001350 | -0.000600 | - | +0.016700 | +0.029700 | +0.048800 |
| Level | Minor | Minor | Minor | - | Minor | Minor | Major |
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 | 0.022733 | 0.023367 | 0.024533 | 0.025167 | 0.026333 | 0.026967 | 0.028133 |
| Camarilla | 0.025205 | 0.025370 | 0.025535 | 0.025700 | 0.025865 | 0.026030 | 0.026195 |
| Woodie | 0.023000 | 0.023500 | 0.024800 | 0.025300 | 0.026600 | 0.027100 | 0.028400 |
| Fibonacci | 0.023367 | 0.024054 | 0.024479 | 0.025167 | 0.025854 | 0.026279 | 0.026967 |
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): | 64.56 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | 16.325936 | |
| AROON (14): | 78.571429 | |
| DEMA (21): | 0.026211 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.025829 | |
| Elder Ray (13): | 0.000172 | |
| Super Trend (3,10): | 0.025498 | |
| Zig ZAG (10): | 0.026100 | |
| VORTEX (21): | 1.0566 | |
| Stochastique (14,3,5): | 66.03 | |
| TEMA (21): | 0.026256 | |
| Williams %R (14): | -20.00 | |
| Chande Momentum Oscillator (20): | 0.000400 | |
| Repulse (5,40,3): | -0.4709 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1703 | |
| Courbe Coppock: | 2.49 |
| MA7: | 0.024487 | |
| MA20: | 0.022470 | |
| MA50: | 0.024009 | |
| MA100: | 0.028767 | |
| MAexp7: | 0.026090 | |
| MAexp20: | 0.025848 | |
| MAexp50: | 0.025411 | |
| MAexp100: | 0.025145 | |
| Price / MA7: | +6.59% | |
| Price / MA20: | +16.15% | |
| Price / MA50: | +8.71% | |
| Price / MA100: | -9.27% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.97% | |
| Price / MAexp50: | +2.71% | |
| Price / MAexp100: | +3.80% |
Quotes :
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Real time data
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