LOOPRING - LRC/USD - 1H - Technical analysis published on 06/12/2020 (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
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 0.094963 USD
My targets
0.101020 USD (+1.45%)
0.109621 USD (+10.09%)
My analysis
LOOPRING - LRC/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.094963 USD. The next resistance located at 0.101020 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.109621 USD. After this resistance, buyers could then target 0.310000 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
6.4
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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LOOPRING - LRC/USD rating is 0.099576 USD. The price registered an increase of +16.21% on the session and was traded between 0.080361 USD and 0.105055 USD over the period. The price is currently at +23.91% from its lowest and -5.22% from its highest.0.080361
0.105055
0.099576
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this LOOPRING - LRC/USD chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bearish reversal
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.
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 | 0.079863 | 0.085239 | 0.094963 | 0.099576 | 0.101020 | 0.109621 | 0.310000 |
| Change (%) | -19.80% | -14.40% | -4.63% | - | +1.45% | +10.09% | +211.32% |
| Change | -0.019713 | -0.014337 | -0.004613 | - | +0.001444 | +0.010045 | +0.210424 |
| Level | Intermediate | Intermediate | Minor | - | Minor | 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 | 0.050923 | 0.068303 | 0.076994 | 0.094374 | 0.103065 | 0.120445 | 0.129136 |
| Camarilla | 0.078515 | 0.080904 | 0.083294 | 0.085684 | 0.088074 | 0.090464 | 0.092854 |
| Woodie | 0.046578 | 0.066131 | 0.072649 | 0.092202 | 0.098720 | 0.118273 | 0.124791 |
| Fibonacci | 0.068303 | 0.078263 | 0.084415 | 0.094374 | 0.104334 | 0.110486 | 0.120445 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.029740 | 0.038911 | 0.055425 | 0.064596 | 0.081110 | 0.090281 | 0.106795 |
| Camarilla | 0.064876 | 0.067230 | 0.069585 | 0.071939 | 0.074294 | 0.076648 | 0.079002 |
| Woodie | 0.033412 | 0.040747 | 0.059097 | 0.066432 | 0.084782 | 0.092117 | 0.110467 |
| Fibonacci | 0.038911 | 0.048723 | 0.054784 | 0.064596 | 0.074408 | 0.080469 | 0.090281 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.013224 | 0.021675 | 0.035128 | 0.043579 | 0.057032 | 0.065483 | 0.078936 |
| Camarilla | 0.042556 | 0.044564 | 0.046572 | 0.048580 | 0.050588 | 0.052596 | 0.054604 |
| Woodie | 0.015724 | 0.022926 | 0.037628 | 0.044830 | 0.059532 | 0.066734 | 0.081436 |
| Fibonacci | 0.021675 | 0.030043 | 0.035212 | 0.043579 | 0.051947 | 0.057116 | 0.065483 |
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): | 53.78 | |
| MACD (12,26,9): | 0.0014 | |
| Directional Movement: | 2.916422 | |
| AROON (14): | 64.285717 | |
| DEMA (21): | 0.099411 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.105055 | |
| Elder Ray (13): | -0.000230 | |
| Super Trend (3,10): | 0.092552 | |
| Zig ZAG (10): | 0.099010 | |
| VORTEX (21): | 1.1434 | |
| Stochastique (14,3,5): | 55.00 | |
| TEMA (21): | 0.100842 | |
| Williams %R (14): | -48.62 | |
| Chande Momentum Oscillator (20): | -0.000862 | |
| Repulse (5,40,3): | -0.7080 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1619 | |
| Courbe Coppock: | 18.88 |
| MA7: | 0.089445 | |
| MA20: | 0.065174 | |
| MA50: | 0.047241 | |
| MA100: | 0.038926 | |
| MAexp7: | 0.099396 | |
| MAexp20: | 0.097876 | |
| MAexp50: | 0.096414 | |
| MAexp100: | 0.093085 | |
| Price / MA7: | +11.33% | |
| Price / MA20: | +52.78% | |
| Price / MA50: | +110.78% | |
| Price / MA100: | +155.81% | |
| Price / MAexp7: | +0.18% | |
| Price / MAexp20: | +1.74% | |
| Price / MAexp50: | +3.28% | |
| Price / MAexp100: | +6.97% |
Quotes :
2020-06-12 19:21:39
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Real time data
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