LCX - LCX/USD - 1H - Technical analysis published on 10/13/2023 (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:
Slightly bearish
Technical indicators
33%
11%
56%
My opinion
Bullish above 0.039805 USD
My targets
0.043174 USD (+5.56%)
0.044692 USD (+9.27%)
My analysis
The strong short-term increase in LCX - LCX/USD calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 0.039805 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 0.043174 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.044692 USD as an objective. Crossing it would then enable buyers to target 0.046993 USD. Caution, a return under 0.039805 USD could jeopardize the reversal.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
1.1
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Additional analysis
Quotes
The LCX - LCX/USD rating is 0.040899 USD. On the day, this instrument gained +0.00% with the lowest point at 0.040301 USD and the highest point at 0.041499 USD. The deviation from the price is +1.48% for the low point and -1.45% for the high point.0.040301
0.041499
0.040899
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Technical
A technical analysis in 1H of this LCX - LCX/USD chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.038724 | 0.039805 | 0.040844 | 0.040899 | 0.043369 | 0.044692 | 0.046993 |
Change (%) | -5.32% | -2.67% | -0.13% | - | +6.04% | +9.27% | +14.90% |
Change | -0.002175 | -0.001094 | -0.000055 | - | +0.002470 | +0.003793 | +0.006094 |
Level | Major | Minor | Intermediate | - | Minor | Intermediate | Intermediate |
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 | 0.036335 | 0.037568 | 0.039234 | 0.040467 | 0.042133 | 0.043366 | 0.045032 |
Camarilla | 0.040103 | 0.040369 | 0.040634 | 0.040900 | 0.041166 | 0.041432 | 0.041697 |
Woodie | 0.036552 | 0.037676 | 0.039451 | 0.040575 | 0.042350 | 0.043474 | 0.045249 |
Fibonacci | 0.037568 | 0.038675 | 0.039360 | 0.040467 | 0.041574 | 0.042259 | 0.043366 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.032004 | 0.034610 | 0.037589 | 0.040195 | 0.043174 | 0.045780 | 0.048759 |
Camarilla | 0.039033 | 0.039545 | 0.040057 | 0.040569 | 0.041081 | 0.041593 | 0.042105 |
Woodie | 0.032192 | 0.034703 | 0.037777 | 0.040288 | 0.043362 | 0.045873 | 0.048947 |
Fibonacci | 0.034610 | 0.036743 | 0.038061 | 0.040195 | 0.042328 | 0.043646 | 0.045780 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.025900 | 0.030760 | 0.034780 | 0.039640 | 0.043660 | 0.048520 | 0.052540 |
Camarilla | 0.036358 | 0.037172 | 0.037986 | 0.038800 | 0.039614 | 0.040428 | 0.041242 |
Woodie | 0.025480 | 0.030550 | 0.034360 | 0.039430 | 0.043240 | 0.048310 | 0.052120 |
Fibonacci | 0.030760 | 0.034152 | 0.036248 | 0.039640 | 0.043032 | 0.045128 | 0.048520 |
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): | 50.52 | |
MACD (12,26,9): | 0.0001 | |
Directional Movement: | 5.016954 | |
AROON (14): | 35.714286 | |
DEMA (21): | 0.040518 | |
Parabolic SAR (0,02-0,02-0,2): | 0.040117 | |
Elder Ray (13): | 0.000075 | |
Super Trend (3,10): | 0.041743 | |
Zig ZAG (10): | 0.040401 | |
VORTEX (21): | 1.0502 | |
Stochastique (14,3,5): | 58.64 | |
TEMA (21): | 0.040789 | |
Williams %R (14): | -50.12 | |
Chande Momentum Oscillator (20): | 0.000131 | |
Repulse (5,40,3): | -0.2482 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0382 | |
Courbe Coppock: | 5.33 |
MA7: | 0.041495 | |
MA20: | 0.040004 | |
MA50: | 0.040877 | |
MA100: | 0.046380 | |
MAexp7: | 0.040682 | |
MAexp20: | 0.040385 | |
MAexp50: | 0.040490 | |
MAexp100: | 0.040713 | |
Price / MA7: | -1.44% | |
Price / MA20: | +2.24% | |
Price / MA50: | +0.05% | |
Price / MA100: | -11.82% | |
Price / MAexp7: | +0.53% | |
Price / MAexp20: | +1.27% | |
Price / MAexp50: | +1.01% | |
Price / MAexp100: | +0.46% |
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.
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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