SKALE - SKL/USDT - 1H - Technical analysis published on 02/26/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.032090 USDT
My targets
0.034674 USDT (+3.69%)
0.037013 USDT (+10.68%)
My analysis
The strong short-term increase in SKALE NETWORK - SKL/USDT calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 0.032090 USDT, you could consider taking advantage of the short-term movement. The first bullish objective is located at 0.034674 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.037013 USDT as an objective. Crossing it would then enable buyers to target 0.038070 USDT. Caution, a return under 0.032090 USDT could jeopardize the reversal.
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
3.2
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This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SKALE NETWORK - SKL/USDT price is 0.033440 USDT. On the day, this instrument gained +2.21% with the lowest point at 0.032618 USDT and the highest point at 0.033488 USDT. The deviation from the price is +2.52% for the low point and -0.14% for the high point.0.032618
0.033488
0.033440
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of SKALE NETWORK - SKL/USDT indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Upside gap
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.031101 | 0.032090 | 0.033363 | 0.033440 | 0.034674 | 0.037013 | 0.038070 |
| Change (%) | -6.99% | -4.04% | -0.23% | - | +3.69% | +10.68% | +13.85% |
| Change | -0.002339 | -0.001350 | -0.000077 | - | +0.001234 | +0.003573 | +0.004630 |
| Level | Minor | Intermediate | Minor | - | Major | Minor | Intermediate |
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 | 0.028479 | 0.029475 | 0.031097 | 0.032093 | 0.033715 | 0.034711 | 0.036333 |
| Camarilla | 0.031998 | 0.032238 | 0.032478 | 0.032718 | 0.032958 | 0.033198 | 0.033438 |
| Woodie | 0.028791 | 0.029632 | 0.031409 | 0.032250 | 0.034027 | 0.034868 | 0.036645 |
| Fibonacci | 0.029475 | 0.030475 | 0.031093 | 0.032093 | 0.033093 | 0.033711 | 0.034711 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.027471 | 0.029781 | 0.033451 | 0.035761 | 0.039431 | 0.041741 | 0.045411 |
| Camarilla | 0.035478 | 0.036026 | 0.036574 | 0.037122 | 0.037670 | 0.038218 | 0.038767 |
| Woodie | 0.028152 | 0.030121 | 0.034132 | 0.036101 | 0.040112 | 0.042081 | 0.046092 |
| Fibonacci | 0.029781 | 0.032065 | 0.033476 | 0.035761 | 0.038045 | 0.039456 | 0.041741 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011907 | 0.025586 | 0.039610 | 0.053289 | 0.067313 | 0.080992 | 0.095016 |
| Camarilla | 0.046015 | 0.048554 | 0.051094 | 0.053633 | 0.056172 | 0.058712 | 0.061251 |
| Woodie | 0.012079 | 0.025672 | 0.039782 | 0.053375 | 0.067485 | 0.081078 | 0.095188 |
| Fibonacci | 0.025586 | 0.036169 | 0.042707 | 0.053289 | 0.063872 | 0.070410 | 0.080992 |
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): | 62.28 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 8.819428 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.032558 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.032318 | |
| Elder Ray (13): | 0.000640 | |
| Super Trend (3,10): | 0.031883 | |
| Zig ZAG (10): | 0.033486 | |
| VORTEX (21): | 1.1171 | |
| Stochastique (14,3,5): | 94.84 | |
| TEMA (21): | 0.033109 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.001467 | |
| Repulse (5,40,3): | 2.3223 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0436 | |
| Courbe Coppock: | 7.49 |
| MA7: | 0.034659 | |
| MA20: | 0.036111 | |
| MA50: | 0.042001 | |
| MA100: | 0.051189 | |
| MAexp7: | 0.032911 | |
| MAexp20: | 0.032542 | |
| MAexp50: | 0.033045 | |
| MAexp100: | 0.033900 | |
| Price / MA7: | -3.52% | |
| Price / MA20: | -7.40% | |
| Price / MA50: | -20.38% | |
| Price / MA100: | -34.67% | |
| Price / MAexp7: | +1.61% | |
| Price / MAexp20: | +2.76% | |
| Price / MAexp50: | +1.20% | |
| Price / MAexp100: | -1.36% |
Quotes :
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Real time data
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CoinMarketCap
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