LOOPRING - LRC/USD - 1H - Technical analysis published on 10/14/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
78%
11%
11%
My opinion
Bullish above 0.166577 USD
My targets
0.172518 USD (+2.15%)
0.176101 USD (+4.28%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on LOOPRING - LRC/USD as long as the price remains well above 0.166577 USD. The buyers' bullish objective is set at 0.172518 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.176101 USD. If there is any crossing, the next objective would be the resistance located at 0.178536 USD.
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
6.1
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Additional analysis
Quotes
The LOOPRING - LRC/USD price is 0.168880 USD. The price is lower by -0.01% since the last closing with the lowest point at 0.168470 USD and the highest point at 0.169063 USD. The deviation from the price is +0.24% for the low point and -0.11% for the high point.0.168470
0.169063
0.168880
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
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of LOOPRING - LRC/USD indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Black evening star
Type : Bearish
Timeframe : 1 hour
Abandoned baby evening star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.163458 | 0.166577 | 0.167969 | 0.168880 | 0.172518 | 0.176101 | 0.178536 |
| Change (%) | -3.21% | -1.36% | -0.54% | - | +2.15% | +4.28% | +5.72% |
| Change | -0.005422 | -0.002303 | -0.000911 | - | +0.003638 | +0.007221 | +0.009656 |
| Level | Minor | Intermediate | Major | - | Minor | 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 | 0.159333 | 0.161689 | 0.165289 | 0.167645 | 0.171245 | 0.173601 | 0.177201 |
| Camarilla | 0.167252 | 0.167798 | 0.168344 | 0.168890 | 0.169436 | 0.169982 | 0.170528 |
| Woodie | 0.159956 | 0.162000 | 0.165912 | 0.167956 | 0.171868 | 0.173912 | 0.177824 |
| Fibonacci | 0.161689 | 0.163964 | 0.165370 | 0.167645 | 0.169920 | 0.171326 | 0.173601 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.147169 | 0.159241 | 0.167037 | 0.179109 | 0.186905 | 0.198977 | 0.206773 |
| Camarilla | 0.169370 | 0.171192 | 0.173013 | 0.174834 | 0.176655 | 0.178477 | 0.180298 |
| Woodie | 0.145032 | 0.158172 | 0.164900 | 0.178040 | 0.184768 | 0.197908 | 0.204636 |
| Fibonacci | 0.159241 | 0.166830 | 0.171519 | 0.179109 | 0.186698 | 0.191387 | 0.198977 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.128302 | 0.148227 | 0.164229 | 0.184154 | 0.200156 | 0.220081 | 0.236083 |
| Camarilla | 0.170352 | 0.173645 | 0.176939 | 0.180232 | 0.183525 | 0.186819 | 0.190112 |
| Woodie | 0.126342 | 0.147246 | 0.162269 | 0.183173 | 0.198196 | 0.219100 | 0.234123 |
| Fibonacci | 0.148227 | 0.161951 | 0.170430 | 0.184154 | 0.197878 | 0.206357 | 0.220081 |
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): | 59.21 | |
| MACD (12,26,9): | 0.0008 | |
| Directional Movement: | 12.078460 | |
| AROON (14): | 78.571429 | |
| DEMA (21): | 0.168786 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.168247 | |
| Elder Ray (13): | 0.000610 | |
| Super Trend (3,10): | 0.166131 | |
| Zig ZAG (10): | 0.168759 | |
| VORTEX (21): | 1.0743 | |
| Stochastique (14,3,5): | 68.37 | |
| TEMA (21): | 0.169141 | |
| Williams %R (14): | -40.21 | |
| Chande Momentum Oscillator (20): | 0.000871 | |
| Repulse (5,40,3): | -0.2672 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0729 | |
| Courbe Coppock: | 2.08 |
| MA7: | 0.168922 | |
| MA20: | 0.174182 | |
| MA50: | 0.177969 | |
| MA100: | 0.197484 | |
| MAexp7: | 0.168550 | |
| MAexp20: | 0.167394 | |
| MAexp50: | 0.166663 | |
| MAexp100: | 0.167516 | |
| Price / MA7: | -0.02% | |
| Price / MA20: | -3.04% | |
| Price / MA50: | -5.11% | |
| Price / MA100: | -14.48% | |
| Price / MAexp7: | +0.20% | |
| Price / MAexp20: | +0.89% | |
| Price / MAexp50: | +1.33% | |
| Price / MAexp100: | +0.81% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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