LEO TOKEN - LEO/USDT - Daily - Technical analysis published on 07/17/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 5.82 USDT
My targets
4.89 USDT (-6.68%)
3.87 USDT (-26.15%)
My analysis
In the short term, we can see an acceleration in the bearish trend on LEO TOKEN - LEO/USDT, which is a positive signal for sellers. As long as the price remains above 5.82 USDT, a sale could be considered. The first bearish objective is located at 4.89 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 3.87 USDT as an objective. Crossing it would then enable sellers to target 3.45 USDT. If the price were to return above 5.82 USDT, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.9
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Additional analysis
Quotes
LEO TOKEN - LEO/USDT rating 5.24 USDT. On the day, this instrument lost -3.32% and was traded between 5.22 USDT and 5.61 USDT over the period. The price is currently at +0.38% from its lowest and -6.60% from its highest.5.22
5.61
5.24
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in Daily of this LEO TOKEN - LEO/USDT chart shows a bearish trend. The signals given by moving averages are 64.29% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : Daily
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 | 3.45 | 3.87 | 4.89 | 5.24 | 5.35 | 5.82 | 6.23 |
| Change (%) | -34.16% | -26.15% | -6.68% | - | +2.10% | +11.07% | +18.89% |
| Change | -1.79 | -1.37 | -0.35 | - | +0.11 | +0.58 | +0.99 |
| Level | Minor | Major | Major | - | Major | 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 | 5.16 | 5.22 | 5.32 | 5.38 | 5.48 | 5.54 | 5.64 |
| Camarilla | 5.38 | 5.39 | 5.41 | 5.42 | 5.44 | 5.45 | 5.46 |
| Woodie | 5.18 | 5.23 | 5.34 | 5.39 | 5.50 | 5.55 | 5.66 |
| Fibonacci | 5.22 | 5.28 | 5.32 | 5.38 | 5.44 | 5.48 | 5.54 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.43 | 4.81 | 5.12 | 5.50 | 5.81 | 6.19 | 6.50 |
| Camarilla | 5.23 | 5.29 | 5.36 | 5.42 | 5.48 | 5.55 | 5.61 |
| Woodie | 4.39 | 4.79 | 5.08 | 5.48 | 5.77 | 6.17 | 6.46 |
| Fibonacci | 4.81 | 5.08 | 5.24 | 5.50 | 5.77 | 5.93 | 6.19 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.00 | 3.66 | 4.73 | 5.39 | 6.46 | 7.12 | 8.19 |
| Camarilla | 5.31 | 5.47 | 5.63 | 5.79 | 5.95 | 6.11 | 6.27 |
| Woodie | 3.20 | 3.76 | 4.93 | 5.49 | 6.66 | 7.22 | 8.39 |
| Fibonacci | 3.66 | 4.32 | 4.73 | 5.39 | 6.05 | 6.46 | 7.12 |
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): | 37.72 | |
| MACD (12,26,9): | -0.0600 | |
| Directional Movement: | 1.09 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 5.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.86 | |
| Elder Ray (13): | -0.05 | |
| Super Trend (3,10): | 6.05 | |
| Zig ZAG (10): | 5.24 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 14.83 | |
| TEMA (21): | 5.34 | |
| Williams %R (14): | -96.36 | |
| Chande Momentum Oscillator (20): | -0.51 | |
| Repulse (5,40,3): | -7.9200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 14.25 |
| MA7: | 5.34 | |
| MA20: | 5.61 | |
| MA50: | 5.45 | |
| MA100: | 5.44 | |
| MAexp7: | 5.38 | |
| MAexp20: | 5.51 | |
| MAexp50: | 5.49 | |
| MAexp100: | 5.41 | |
| Price / MA7: | -1.87% | |
| Price / MA20: | -6.60% | |
| Price / MA50: | -3.85% | |
| Price / MA100: | -3.68% | |
| Price / MAexp7: | -2.60% | |
| Price / MAexp20: | -4.90% | |
| Price / MAexp50: | -4.55% | |
| Price / MAexp100: | -3.14% |
Quotes :
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Real time data
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