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SKALE NETWORK - SKL/USD
SKALE NETWORK - SKL/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: SKLUSD
ISIN:

SKALE NETWORK - SKL/USD - 1H - Technical analysis published on 03/18/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 0.042800 USD
My targets
0.046300 USD (+4.99%)
0.047980 USD (+8.80%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.042800 USD remains possible. 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 0.042800 USD. The next bullish objective for buyers is set at 0.046300 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.047980 USD. If there is any crossing, the next objective would be the resistance located at 0.052000 USD. PS: if there is a bearish break in the support located at 0.042800 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

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
4.6

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The SKALE NETWORK - SKL/USD rating is 0.044100 USD. On the day, this instrument lost -0.23% with the lowest point at 0.043500 USD and the highest point at 0.046640 USD. The deviation from the price is +1.38% for the low point and -5.45% for the high point.

0.043500
0.046640
0.044100

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by SKALE NETWORK - SKL/USD:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in 1H of this SKALE NETWORK - SKL/USD chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral 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, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.037083 0.040654 0.042800 0.044100 0.046300 0.047980 0.052000
Change (%) -15.91% -7.81% -2.95% - +4.99% +8.80% +17.91%
Change -0.007017 -0.003446 -0.001300 - +0.002200 +0.003880 +0.007900
Level Major Intermediate Major - Minor 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
Standard0.0380500.0392800.0417400.0429700.0454300.0466600.049120
Camarilla0.0431850.0435240.0438620.0442000.0445380.0448770.045215
Woodie0.0386650.0395880.0423550.0432780.0460450.0469680.049735
Fibonacci0.0392800.0406900.0415600.0429700.0443800.0452500.046660


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0217000.0277000.0317000.0377000.0417000.0477000.051700
Camarilla0.0329500.0338670.0347830.0357000.0366170.0375330.038450
Woodie0.0207000.0272000.0307000.0372000.0407000.0472000.050700
Fibonacci0.0277000.0315200.0338800.0377000.0415200.0438800.047700


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0005470.0161270.0347630.0514370.0700730.0867470.105383
Camarilla0.0436900.0469270.0501630.0534000.0566370.0598740.063110
Woodie0.0004350.0166180.0357450.0519280.0710550.0872380.106365
Fibonacci0.0161270.0296150.0379480.0514370.0649250.0732580.086747

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): 61.50
MACD (12,26,9): 0.0009
Directional Movement: 14.334505
AROON (14): 42.857143
DEMA (21): 0.046251
Parabolic SAR (0,02-0,02-0,2): 0.045600
Elder Ray (13): 0.000271
Super Trend (3,10): 0.043576
Zig ZAG (10): 0.045800
VORTEX (21): 1.2500
Stochastique (14,3,5): 62.01
TEMA (21): 0.046475
Williams %R (14): -58.76
Chande Momentum Oscillator (20): 0.000000
Repulse (5,40,3): -1.4118
ROCnROLL: 1
TRIX (15,9): 0.3247
Courbe Coppock: 8.77
MA7: 0.042743
MA20: 0.043015
MA50: 0.043663
MA100: 0.034085
MAexp7: 0.045747
MAexp20: 0.045067
MAexp50: 0.043817
MAexp100: 0.042866
Price / MA7: +3.17%
Price / MA20: +2.52%
Price / MA50: +1.00%
Price / MA100: +29.38%
Price / MAexp7: -3.60%
Price / MAexp20: -2.15%
Price / MAexp50: +0.65%
Price / MAexp100: +2.88%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia
Londinia AI

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