LOOPRING - LRC/USD - 15 min. - Technical analysis published on 04/14/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.378514 USD
My targets
0.415229 USD (+3.48%)
0.448531 USD (+11.78%)
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 0.378514 USD. The next resistance located at 0.415229 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 0.448531 USD. After this resistance, buyers could then target 0.829754 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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This analysis was given by Henry07. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LOOPRING - LRC/USD rating is 0.401257 USD. On the day, this instrument gained +13.29% with the lowest point at 0.352807 USD and the highest point at 0.472166 USD. The deviation from the price is +13.73% for the low point and -15.02% for the high point.0.352807
0.472166
0.401257
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:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of LOOPRING - LRC/USD indicates that the overall trend is strongly bullish. 92.86% 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 market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.364956 | 0.369434 | 0.376852 | 0.401257 | 0.415229 | 0.448531 | 0.829754 |
| Change (%) | -9.05% | -7.93% | -6.08% | - | +3.48% | +11.78% | +106.79% |
| Change | -0.036301 | -0.031823 | -0.024405 | - | +0.013972 | +0.047274 | +0.428497 |
| Level | Minor | Minor | Intermediate | - | Minor | Intermediate | Minor |
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 | 0.323688 | 0.334096 | 0.344140 | 0.354548 | 0.364592 | 0.375000 | 0.385044 |
| Camarilla | 0.348560 | 0.350435 | 0.352309 | 0.354184 | 0.356059 | 0.357934 | 0.359808 |
| Woodie | 0.323506 | 0.334005 | 0.343958 | 0.354457 | 0.364410 | 0.374909 | 0.384862 |
| Fibonacci | 0.334096 | 0.341909 | 0.346735 | 0.354548 | 0.362361 | 0.367187 | 0.375000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.290346 | 0.316377 | 0.334430 | 0.360461 | 0.378514 | 0.404545 | 0.422598 |
| Camarilla | 0.340359 | 0.344400 | 0.348441 | 0.352482 | 0.356523 | 0.360564 | 0.364605 |
| Woodie | 0.286356 | 0.314383 | 0.330440 | 0.358467 | 0.374524 | 0.402551 | 0.418608 |
| Fibonacci | 0.316377 | 0.333217 | 0.343621 | 0.360461 | 0.377301 | 0.387705 | 0.404545 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.092939 | 0.168510 | 0.267298 | 0.342869 | 0.441657 | 0.517228 | 0.616016 |
| Camarilla | 0.318136 | 0.334119 | 0.350102 | 0.366085 | 0.382068 | 0.398051 | 0.414034 |
| Woodie | 0.104547 | 0.174314 | 0.278906 | 0.348673 | 0.453265 | 0.523032 | 0.627624 |
| Fibonacci | 0.168510 | 0.235116 | 0.276264 | 0.342869 | 0.409475 | 0.450623 | 0.517228 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 59.03 | |
| MACD (12,26,9): | 0.0023 | |
| Directional Movement: | 2.978803 | |
| AROON (14): | 71.428571 | |
| DEMA (21): | 0.400247 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.414441 | |
| Elder Ray (13): | 0.006128 | |
| Super Trend (3,10): | 0.456794 | |
| Zig ZAG (10): | 0.399036 | |
| VORTEX (21): | 1.0330 | |
| Stochastique (14,3,5): | 63.96 | |
| TEMA (21): | 0.403338 | |
| Williams %R (14): | -10.17 | |
| Chande Momentum Oscillator (20): | 0.018712 | |
| Repulse (5,40,3): | -3.7932 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0451 | |
| Courbe Coppock: | 5.44 |
| MA7: | 0.361869 | |
| MA20: | 0.359986 | |
| MA50: | 0.348504 | |
| MA100: | 0.340278 | |
| MAexp7: | 0.401110 | |
| MAexp20: | 0.397863 | |
| MAexp50: | 0.392654 | |
| MAexp100: | 0.383962 | |
| Price / MA7: | +10.88% | |
| Price / MA20: | +11.46% | |
| Price / MA50: | +15.14% | |
| Price / MA100: | +17.92% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.85% | |
| Price / MAexp50: | +2.19% | |
| Price / MAexp100: | +4.50% |
Quotes :
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Real time data
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