LCX - LCX/USD - 1H - Technical analysis published on 01/27/2023 (GMT)
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- Timeframe : 1H
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.140300 USD
My targets
0.150100 USD (+1.97%)
0.162400 USD (+10.33%)
My analysis
LCX - LCX/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 0.140300 USD. The next resistance located at 0.150100 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 0.162400 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
7.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
LCX - LCX/USD rating 0.147200 USD. The price registered an increase of +13.32% on the session and was traded between 0.125100 USD and 0.154800 USD over the period. The price is currently at +17.67% from its lowest and -4.91% from its highest.0.125100
0.154800
0.147200
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
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 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of LCX - LCX/USD in 1H shows a strongly overall 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
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.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.102723 | 0.131600 | 0.140300 | 0.147200 | 0.150100 | 0.162400 |
| Change (%) | -30.22% | -10.60% | -4.69% | - | +1.97% | +10.33% |
| Change | -0.044477 | -0.015600 | -0.006900 | - | +0.002900 | +0.015200 |
| Level | Major | Major | Minor | - | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.093600 | 0.108100 | 0.119000 | 0.133500 | 0.144400 | 0.158900 | 0.169800 |
| Camarilla | 0.122915 | 0.125243 | 0.127572 | 0.129900 | 0.132228 | 0.134557 | 0.136885 |
| Woodie | 0.091800 | 0.107200 | 0.117200 | 0.132600 | 0.142600 | 0.158000 | 0.168000 |
| Fibonacci | 0.108100 | 0.117803 | 0.123797 | 0.133500 | 0.143203 | 0.149197 | 0.158900 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.037420 | 0.053070 | 0.071600 | 0.087250 | 0.105780 | 0.121430 | 0.139960 |
| Camarilla | 0.080731 | 0.083864 | 0.086997 | 0.090130 | 0.093263 | 0.096396 | 0.099530 |
| Woodie | 0.038860 | 0.053790 | 0.073040 | 0.087970 | 0.107220 | 0.122150 | 0.141400 |
| Fibonacci | 0.053070 | 0.066127 | 0.074193 | 0.087250 | 0.100307 | 0.108373 | 0.121430 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011433 | 0.020467 | 0.025933 | 0.034967 | 0.040433 | 0.049467 | 0.054933 |
| Camarilla | 0.027413 | 0.028742 | 0.030071 | 0.031400 | 0.032729 | 0.034058 | 0.035388 |
| Woodie | 0.009650 | 0.019575 | 0.024150 | 0.034075 | 0.038650 | 0.048575 | 0.053150 |
| Fibonacci | 0.020467 | 0.026006 | 0.029428 | 0.034967 | 0.040506 | 0.043928 | 0.049467 |
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): | 61.35 | |
| MACD (12,26,9): | 0.0031 | |
| Directional Movement: | 28.031718 | |
| AROON (14): | 14.285714 | |
| DEMA (21): | 0.139833 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.129574 | |
| Elder Ray (13): | 0.005664 | |
| Super Trend (3,10): | 0.128908 | |
| Zig ZAG (10): | 0.145300 | |
| VORTEX (21): | 1.1197 | |
| Stochastique (14,3,5): | 65.32 | |
| TEMA (21): | 0.142875 | |
| Williams %R (14): | -29.97 | |
| Chande Momentum Oscillator (20): | 0.019800 | |
| Repulse (5,40,3): | 1.9608 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1183 | |
| Courbe Coppock: | 15.79 |
| MA7: | 0.117066 | |
| MA20: | 0.087506 | |
| MA50: | 0.055737 | |
| MA100: | 0.050598 | |
| MAexp7: | 0.141974 | |
| MAexp20: | 0.136604 | |
| MAexp50: | 0.132883 | |
| MAexp100: | 0.125323 | |
| Price / MA7: | +25.74% | |
| Price / MA20: | +68.22% | |
| Price / MA50: | +164.10% | |
| Price / MA100: | +190.92% | |
| Price / MAexp7: | +3.68% | |
| Price / MAexp20: | +7.76% | |
| Price / MAexp50: | +10.77% | |
| Price / MAexp100: | +17.46% |
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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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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