LOOPRING - LRC/USD - 1H - Technical analysis published on 09/16/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
39%
44%
My opinion
Bullish above 0.180161 USD
My targets
0.186679 USD (+2.92%)
0.197267 USD (+8.76%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.180161 USD remains possible. It is advisable to trade LOOPRING - LRC/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.180161 USD. The next bullish objective for buyers is set at 0.186679 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.197267 USD. If there is any crossing, the next objective would be the resistance located at 0.200138 USD. PS: if there is a bearish break in the support located at 0.180161 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
3.2
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Additional analysis
Quotes
The LOOPRING - LRC/USD price is 0.181382 USD. On the day, this instrument lost -0.07% with the lowest point at 0.180845 USD and the highest point at 0.185478 USD. The deviation from the price is +0.30% for the low point and -2.21% for the high point.0.180845
0.185478
0.181382
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by LOOPRING - LRC/USD:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of LOOPRING - LRC/USD indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, only 7 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.171754 | 0.175766 | 0.180161 | 0.181382 | 0.186679 | 0.197267 | 0.200138 |
Change (%) | -5.31% | -3.10% | -0.67% | - | +2.92% | +8.76% | +10.34% |
Change | -0.009628 | -0.005616 | -0.001221 | - | +0.005297 | +0.015885 | +0.018756 |
Level | Intermediate | Minor | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.170275 | 0.172989 | 0.177246 | 0.179960 | 0.184217 | 0.186931 | 0.191188 |
Camarilla | 0.179587 | 0.180226 | 0.180865 | 0.181504 | 0.182143 | 0.182782 | 0.183421 |
Woodie | 0.171048 | 0.173375 | 0.178019 | 0.180346 | 0.184990 | 0.187317 | 0.191961 |
Fibonacci | 0.172989 | 0.175652 | 0.177297 | 0.179960 | 0.182623 | 0.184268 | 0.186931 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.147146 | 0.161774 | 0.174821 | 0.189449 | 0.202496 | 0.217124 | 0.230171 |
Camarilla | 0.180256 | 0.182793 | 0.185330 | 0.187867 | 0.190404 | 0.192941 | 0.195478 |
Woodie | 0.146355 | 0.161379 | 0.174030 | 0.189054 | 0.201705 | 0.216729 | 0.229380 |
Fibonacci | 0.161774 | 0.172346 | 0.178878 | 0.189449 | 0.200021 | 0.206553 | 0.217124 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.065191 | 0.115245 | 0.147076 | 0.197130 | 0.228961 | 0.279015 | 0.310846 |
Camarilla | 0.156388 | 0.163894 | 0.171400 | 0.178906 | 0.186412 | 0.193918 | 0.201424 |
Woodie | 0.056079 | 0.110689 | 0.137964 | 0.192574 | 0.219849 | 0.274459 | 0.301734 |
Fibonacci | 0.115245 | 0.146525 | 0.165850 | 0.197130 | 0.228410 | 0.247735 | 0.279015 |
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): | 53.60 | |
MACD (12,26,9): | 0.0007 | |
Directional Movement: | 7.399749 | |
AROON (14): | -57.142857 | |
DEMA (21): | 0.182683 | |
Parabolic SAR (0,02-0,02-0,2): | 0.184633 | |
Elder Ray (13): | -0.000358 | |
Super Trend (3,10): | 0.178870 | |
Zig ZAG (10): | 0.181664 | |
VORTEX (21): | 1.1018 | |
Stochastique (14,3,5): | 18.38 | |
TEMA (21): | 0.182529 | |
Williams %R (14): | -81.74 | |
Chande Momentum Oscillator (20): | -0.002796 | |
Repulse (5,40,3): | 0.0739 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0847 | |
Courbe Coppock: | 0.28 |
MA7: | 0.178667 | |
MA20: | 0.182101 | |
MA50: | 0.195801 | |
MA100: | 0.211324 | |
MAexp7: | 0.181906 | |
MAexp20: | 0.181574 | |
MAexp50: | 0.180007 | |
MAexp100: | 0.179307 | |
Price / MA7: | +1.52% | |
Price / MA20: | -0.39% | |
Price / MA50: | -7.36% | |
Price / MA100: | -14.17% | |
Price / MAexp7: | -0.29% | |
Price / MAexp20: | -0.11% | |
Price / MAexp50: | +0.76% | |
Price / MAexp100: | +1.16% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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