LITECOIN - LTC/USDT - 1H - Technical analysis published on 09/25/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
22%
33%
44%
My opinion
Bearish under 54.76 USDT
My targets
52.58 USDT (-2.74%)
50.94 USDT (-5.77%)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for LITECOIN - LTC/USDT as long as the price remains well below 54.76 USDT. The sellers' bearish objective is set at 52.58 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 50.94 USDT. If there is any crossing, the next objective would be the support located at 42.70 USDT.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
1.4
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Additional analysis
Quotes
The LITECOIN - LTC/USDT price is 54.06 USDT. The price has increased by +1.18% since the last closing with the lowest point at 53.39 USDT and the highest point at 54.40 USDT. The deviation from the price is +1.25% for the low point and -0.62% for the high point.53.39
54.40
54.06
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of LITECOIN - LTC/USDT indicates that the overall trend is not clearly defined. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 50.94 | 52.58 | 53.77 | 54.06 | 54.76 | 55.48 | 56.15 |
| Change (%) | -5.77% | -2.74% | -0.54% | - | +1.29% | +2.63% | +3.87% |
| Change | -3.12 | -1.48 | -0.29 | - | +0.70 | +1.42 | +2.09 |
| Level | Intermediate | Major | Minor | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.72 | 51.46 | 52.44 | 54.18 | 55.16 | 56.90 | 57.88 |
| Camarilla | 52.68 | 52.93 | 53.18 | 53.43 | 53.68 | 53.93 | 54.18 |
| Woodie | 49.35 | 51.27 | 52.07 | 53.99 | 54.79 | 56.71 | 57.51 |
| Fibonacci | 51.46 | 52.50 | 53.14 | 54.18 | 55.22 | 55.86 | 56.90 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 42.06 | 46.10 | 49.76 | 53.80 | 57.46 | 61.50 | 65.16 |
| Camarilla | 51.31 | 52.02 | 52.72 | 53.43 | 54.14 | 54.84 | 55.55 |
| Woodie | 41.88 | 46.01 | 49.58 | 53.71 | 57.28 | 61.41 | 64.98 |
| Fibonacci | 46.10 | 49.04 | 50.86 | 53.80 | 56.74 | 58.56 | 61.50 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.87 | 43.35 | 48.59 | 57.07 | 62.31 | 70.79 | 76.03 |
| Camarilla | 50.06 | 51.32 | 52.57 | 53.83 | 55.09 | 56.35 | 57.60 |
| Woodie | 33.25 | 42.54 | 46.97 | 56.26 | 60.69 | 69.98 | 74.41 |
| Fibonacci | 43.35 | 48.59 | 51.83 | 57.07 | 62.31 | 65.55 | 70.79 |
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): | 45.55 | |
| MACD (12,26,9): | -0.1400 | |
| Directional Movement: | -5.31 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 54.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 54.47 | |
| Elder Ray (13): | -0.13 | |
| Super Trend (3,10): | 55.11 | |
| Zig ZAG (10): | 53.98 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 40.51 | |
| TEMA (21): | 53.82 | |
| Williams %R (14): | -65.55 | |
| Chande Momentum Oscillator (20): | -1.21 | |
| Repulse (5,40,3): | -0.1500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 3.83 |
| MA7: | 53.23 | |
| MA20: | 56.60 | |
| MA50: | 57.63 | |
| MA100: | 56.30 | |
| MAexp7: | 54.06 | |
| MAexp20: | 54.26 | |
| MAexp50: | 54.12 | |
| MAexp100: | 53.87 | |
| Price / MA7: | +1.56% | |
| Price / MA20: | -4.49% | |
| Price / MA50: | -6.19% | |
| Price / MA100: | -3.98% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.37% | |
| Price / MAexp50: | -0.11% | |
| Price / MAexp100: | +0.35% |
Quotes :
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Real time data
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Cryptocompare
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