LCX - LCX/USD - 1H - Technical analysis published on 11/23/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 0.063064 USD
My targets
0.066900 USD (+3.26%)
0.075300 USD (+16.23%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on LCX - LCX/USD. As long as you are above the support located at 0.063064 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.066900 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.075300 USD as an objective. Crossing it would then enable buyers to target 0.083178 USD. If the support 0.063064 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.5
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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 0.064787 USD. The price has increased by +6.22% since the last closing and was between 0.058847 USD and 0.072213 USD. This implies that the price is at +10.09% from its lowest and at -10.28% from its highest.0.058847
0.072213
0.064787
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of LCX - LCX/USD in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.046965 | 0.057220 | 0.063064 | 0.064787 | 0.066900 | 0.075300 | 0.083178 |
| Change (%) | -27.51% | -11.68% | -2.66% | - | +3.26% | +16.23% | +28.39% |
| Change | -0.017822 | -0.007567 | -0.001723 | - | +0.002113 | +0.010513 | +0.018391 |
| Level | Major | Intermediate | 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 | -0.003434 | 0.018325 | 0.039660 | 0.061419 | 0.082754 | 0.104513 | 0.125848 |
| Camarilla | 0.049144 | 0.053094 | 0.057045 | 0.060995 | 0.064945 | 0.068896 | 0.072846 |
| Woodie | -0.003646 | 0.018219 | 0.039448 | 0.061313 | 0.082542 | 0.104407 | 0.125636 |
| Fibonacci | 0.018325 | 0.034787 | 0.044957 | 0.061419 | 0.077881 | 0.088051 | 0.104513 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.030297 | 0.035511 | 0.038906 | 0.044120 | 0.047515 | 0.052729 | 0.056124 |
| Camarilla | 0.039933 | 0.040722 | 0.041511 | 0.042300 | 0.043089 | 0.043878 | 0.044668 |
| Woodie | 0.029387 | 0.035056 | 0.037996 | 0.043665 | 0.046605 | 0.052274 | 0.055214 |
| Fibonacci | 0.035511 | 0.038800 | 0.040832 | 0.044120 | 0.047409 | 0.049441 | 0.052729 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.022077 | 0.029989 | 0.034946 | 0.042858 | 0.047815 | 0.055727 | 0.060684 |
| Camarilla | 0.036365 | 0.037545 | 0.038724 | 0.039904 | 0.041084 | 0.042263 | 0.043443 |
| Woodie | 0.020601 | 0.029250 | 0.033470 | 0.042119 | 0.046339 | 0.054988 | 0.059208 |
| Fibonacci | 0.029989 | 0.034905 | 0.037942 | 0.042858 | 0.047774 | 0.050811 | 0.055727 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.25 | |
| MACD (12,26,9): | 0.0014 | |
| Directional Movement: | 5.018360 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.067595 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.058932 | |
| Elder Ray (13): | -0.000926 | |
| Super Trend (3,10): | 0.060448 | |
| Zig ZAG (10): | 0.065553 | |
| VORTEX (21): | 0.9521 | |
| Stochastique (14,3,5): | 53.92 | |
| TEMA (21): | 0.065913 | |
| Williams %R (14): | -51.75 | |
| Chande Momentum Oscillator (20): | -0.000643 | |
| Repulse (5,40,3): | -0.2563 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.4445 | |
| Courbe Coppock: | 7.34 |
| MA7: | 0.047820 | |
| MA20: | 0.046403 | |
| MA50: | 0.042885 | |
| MA100: | 0.042091 | |
| MAexp7: | 0.065843 | |
| MAexp20: | 0.065258 | |
| MAexp50: | 0.060324 | |
| MAexp100: | 0.054508 | |
| Price / MA7: | +35.48% | |
| Price / MA20: | +39.62% | |
| Price / MA50: | +51.07% | |
| Price / MA100: | +53.92% | |
| Price / MAexp7: | -1.60% | |
| Price / MAexp20: | -0.72% | |
| Price / MAexp50: | +7.40% | |
| Price / MAexp100: | +18.86% |
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
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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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