LITECOIN - LTC/ETH - 1H - Technical analysis published on 11/10/2022 (GMT)
- 192
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bullish
Technical indicators
22%
28%
50%
My opinion
Neutral between 0.043930 ETH and 0.045628 ETH
My targets
-
My analysis
The strong short-term decrease on LITECOIN - LTC/ETH is in contrast to the bullish trend. Sellers are trying to regain control of the asset and a reversal of the trend could be possible. It would be interesting to understand what caused such a fall. Has an economic announcement impacting the basics been published? As long as the price remains above 0.043930 ETH, you could take advantage of the short-term boom. The first bearish objective would be 0.043930 ETH. Then the price could move towards 0.041595 ETH. Then 0.040152 ETH by extension. Attention should be paid to reaction of the price on these supports to see if buyers show up. Be careful, a return to above 0.045628 ETH could be a sign of a recovery in the basic bullish trend.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Beba1123. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LITECOIN - LTC/ETH price is 0.044796 ETH. The price registered a decrease of -2.70% on the session and was between 0.044473 ETH and 0.046567 ETH. This implies that the price is at +0.73% from its lowest and at -3.80% from its highest.0.044473
0.046567
0.044796
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of LITECOIN - LTC/ETH in 1H shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that there could be a reversal of the trend. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 9 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
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 | 0.037223 | 0.040152 | 0.041595 | 0.044796 | 0.045628 | 0.047662 | 0.050288 |
| Change (%) | -16.91% | -10.37% | -7.15% | - | +1.86% | +6.40% | +12.26% |
| Change | -0.007573 | -0.004644 | -0.003201 | - | +0.000832 | +0.002866 | +0.005492 |
| Level | Minor | Minor | Major | - | Intermediate | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.038805 | 0.040902 | 0.043469 | 0.045566 | 0.048133 | 0.050230 | 0.052797 |
| Camarilla | 0.044754 | 0.045182 | 0.045610 | 0.046037 | 0.046465 | 0.046892 | 0.047320 |
| Woodie | 0.039041 | 0.041020 | 0.043705 | 0.045684 | 0.048369 | 0.050348 | 0.053033 |
| Fibonacci | 0.040902 | 0.042683 | 0.043784 | 0.045566 | 0.047347 | 0.048448 | 0.050230 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.027345 | 0.030867 | 0.036741 | 0.040263 | 0.046137 | 0.049659 | 0.055533 |
| Camarilla | 0.040032 | 0.040893 | 0.041755 | 0.042616 | 0.043477 | 0.044339 | 0.045200 |
| Woodie | 0.028522 | 0.031455 | 0.037918 | 0.040851 | 0.047314 | 0.050247 | 0.056710 |
| Fibonacci | 0.030867 | 0.034456 | 0.036673 | 0.040263 | 0.043852 | 0.046069 | 0.049659 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.025105 | 0.029576 | 0.032282 | 0.036753 | 0.039459 | 0.043930 | 0.046636 |
| Camarilla | 0.033015 | 0.033673 | 0.034331 | 0.034989 | 0.035647 | 0.036305 | 0.036963 |
| Woodie | 0.024224 | 0.029135 | 0.031401 | 0.036312 | 0.038578 | 0.043489 | 0.045755 |
| Fibonacci | 0.029576 | 0.032317 | 0.034011 | 0.036753 | 0.039494 | 0.041188 | 0.043930 |
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): | 48.08 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 3.828417 | |
| AROON (14): | 14.285714 | |
| DEMA (21): | 0.045461 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.044184 | |
| Elder Ray (13): | -0.000181 | |
| Super Trend (3,10): | 0.044322 | |
| Zig ZAG (10): | 0.045151 | |
| VORTEX (21): | 0.9446 | |
| Stochastique (14,3,5): | 46.95 | |
| TEMA (21): | 0.045328 | |
| Williams %R (14): | -67.58 | |
| Chande Momentum Oscillator (20): | 0.000460 | |
| Repulse (5,40,3): | -1.2227 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0050 | |
| Courbe Coppock: | 0.67 |
| MA7: | 0.043519 | |
| MA20: | 0.039454 | |
| MA50: | 0.039857 | |
| MA100: | 0.037751 | |
| MAexp7: | 0.045400 | |
| MAexp20: | 0.045416 | |
| MAexp50: | 0.045162 | |
| MAexp100: | 0.044402 | |
| Price / MA7: | +2.93% | |
| Price / MA20: | +13.54% | |
| Price / MA50: | +12.39% | |
| Price / MA100: | +18.66% | |
| Price / MAexp7: | -1.33% | |
| Price / MAexp20: | -1.37% | |
| Price / MAexp50: | -0.81% | |
| Price / MAexp100: | +0.89% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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