SKALE - SKL/USD - 1H - Technical analysis published on 03/04/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 0.029256 USD
My targets
0.028877 USD (-0.36%)
0.026001 USD (-10.29%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on SKALE - SKL/USD. As long as you are under the resistance located at 0.029256 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.028877 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.026001 USD as an objective. Crossing it would then enable sellers to target 0.019944 USD. If the resistance 0.029256 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.4
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Additional analysis
Quotes
The SKALE - SKL/USD rating is 0.028983 USD. The price registered a decrease of -0.36% on the session and was between 0.026726 USD and 0.029281 USD. This implies that the price is at +8.44% from its lowest and at -1.02% from its highest.0.026726
0.029281
0.028983
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this SKALE - SKL/USD chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
SuperTrend indicator bullish reversal
Type : Bullish
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:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.019944 | 0.028983 | 0.029256 | 0.030633 | 0.031898 |
| Change (%) | -31.19% | - | +0.94% | +5.69% | +10.06% |
| Change | -0.009039 | - | +0.000273 | +0.001650 | +0.002915 |
| Level | Intermediate | - | Intermediate | Intermediate | Intermediate |
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 | 0.020790 | 0.024586 | 0.026837 | 0.030633 | 0.032884 | 0.036680 | 0.038931 |
| Camarilla | 0.027424 | 0.027978 | 0.028533 | 0.029087 | 0.029641 | 0.030196 | 0.030750 |
| Woodie | 0.020017 | 0.024200 | 0.026064 | 0.030247 | 0.032111 | 0.036294 | 0.038158 |
| Fibonacci | 0.024586 | 0.026896 | 0.028323 | 0.030633 | 0.032943 | 0.034370 | 0.036680 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.021595 | 0.026001 | 0.028877 | 0.033283 | 0.036159 | 0.040565 | 0.043441 |
| Camarilla | 0.029752 | 0.030419 | 0.031087 | 0.031754 | 0.032422 | 0.033089 | 0.033757 |
| Woodie | 0.020831 | 0.025619 | 0.028113 | 0.032901 | 0.035395 | 0.040183 | 0.042677 |
| Fibonacci | 0.026001 | 0.028782 | 0.030501 | 0.033283 | 0.036064 | 0.037783 | 0.040565 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.001775 | 0.014316 | 0.023360 | 0.039451 | 0.048495 | 0.064586 | 0.073630 |
| Camarilla | 0.025493 | 0.027797 | 0.030101 | 0.032405 | 0.034709 | 0.037013 | 0.039317 |
| Woodie | -0.005298 | 0.012554 | 0.019838 | 0.037689 | 0.044973 | 0.062824 | 0.070108 |
| Fibonacci | 0.014316 | 0.023917 | 0.029849 | 0.039451 | 0.049052 | 0.054984 | 0.064586 |
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): | 49.95 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -5.313676 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 0.027915 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.027054 | |
| Elder Ray (13): | 0.000391 | |
| Super Trend (3,10): | 0.029036 | |
| Zig ZAG (10): | 0.028778 | |
| VORTEX (21): | 1.1275 | |
| Stochastique (14,3,5): | 84.80 | |
| TEMA (21): | 0.028256 | |
| Williams %R (14): | -14.00 | |
| Chande Momentum Oscillator (20): | 0.000658 | |
| Repulse (5,40,3): | 1.4316 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.3198 | |
| Courbe Coppock: | 1.54 |
| MA7: | 0.031799 | |
| MA20: | 0.034031 | |
| MA50: | 0.040543 | |
| MA100: | 0.049872 | |
| MAexp7: | 0.028491 | |
| MAexp20: | 0.028553 | |
| MAexp50: | 0.029624 | |
| MAexp100: | 0.030689 | |
| Price / MA7: | -8.86% | |
| Price / MA20: | -14.83% | |
| Price / MA50: | -28.51% | |
| Price / MA100: | -41.89% | |
| Price / MAexp7: | +1.73% | |
| Price / MAexp20: | +1.51% | |
| Price / MAexp50: | -2.16% | |
| Price / MAexp100: | -5.56% |
Quotes :
-
Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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