LCX - LCX/USD - 1H - Technical analysis published on 02/19/2024 (GMT)
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- Timeframe : 1H
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
44%
22%
33%
My opinion
Bearish under 0.272444 USD
My targets
0.242371 USD (-2.19%)
0.217441 USD (-12.25%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.272444 USD remains possible. It is advisable to trade LCX - LCX/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.272444 USD. The next bearish objective for sellers is set at 0.242371 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.217441 USD. In case of crossing, the next objective would be the support located at 0.147300 USD. PS: if there is a bullish break in the resistance located at 0.272444 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.2
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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 0.247808 USD. The price registered an increase of +4.50% on the session with the lowest point at 0.234788 USD and the highest point at 0.247813 USD. The deviation from the price is +5.55% for the low point and +0.00% for the high point.0.234788
0.247813
0.247808
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this LCX - LCX/USD chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
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.
The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.095400 | 0.123062 | 0.147300 | 0.247808 | 0.272444 | 0.284097 | 0.295683 |
| Change (%) | -61.50% | -50.34% | -40.56% | - | +9.94% | +14.64% | +19.32% |
| Change | -0.152408 | -0.124746 | -0.100508 | - | +0.024636 | +0.036289 | +0.047875 |
| Level | Minor | Minor | Major | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.155897 | 0.184720 | 0.210924 | 0.239747 | 0.265951 | 0.294774 | 0.320978 |
| Camarilla | 0.221995 | 0.227039 | 0.232083 | 0.237127 | 0.242171 | 0.247215 | 0.252259 |
| Woodie | 0.154587 | 0.184065 | 0.209614 | 0.239092 | 0.264641 | 0.294119 | 0.319668 |
| Fibonacci | 0.184720 | 0.205741 | 0.218727 | 0.239747 | 0.260768 | 0.273754 | 0.294774 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.183635 | 0.217441 | 0.242371 | 0.276177 | 0.301107 | 0.334913 | 0.359843 |
| Camarilla | 0.251148 | 0.256532 | 0.261916 | 0.267300 | 0.272684 | 0.278068 | 0.283452 |
| Woodie | 0.179196 | 0.215222 | 0.237932 | 0.273958 | 0.296668 | 0.332694 | 0.355404 |
| Fibonacci | 0.217441 | 0.239879 | 0.253740 | 0.276177 | 0.298615 | 0.312476 | 0.334913 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.062161 | 0.017597 | 0.160718 | 0.240476 | 0.383597 | 0.463355 | 0.606476 |
| Camarilla | 0.242548 | 0.262979 | 0.283409 | 0.303840 | 0.324271 | 0.344701 | 0.365132 |
| Woodie | -0.030479 | 0.033438 | 0.192401 | 0.256317 | 0.415280 | 0.479196 | 0.638159 |
| Fibonacci | 0.017597 | 0.102736 | 0.155336 | 0.240476 | 0.325615 | 0.378215 | 0.463355 |
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): | 44.68 | |
| MACD (12,26,9): | -0.0058 | |
| Directional Movement: | -10.835147 | |
| AROON (14): | -28.571429 | |
| DEMA (21): | 0.239194 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.218776 | |
| Elder Ray (13): | 0.000972 | |
| Super Trend (3,10): | 0.255004 | |
| Zig ZAG (10): | 0.244042 | |
| VORTEX (21): | 0.8845 | |
| Stochastique (14,3,5): | 69.57 | |
| TEMA (21): | 0.238981 | |
| Williams %R (14): | -23.80 | |
| Chande Momentum Oscillator (20): | -0.008682 | |
| Repulse (5,40,3): | 1.5230 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3676 | |
| Courbe Coppock: | 8.73 |
| MA7: | 0.269530 | |
| MA20: | 0.286529 | |
| MA50: | 0.206513 | |
| MA100: | 0.135692 | |
| MAexp7: | 0.243130 | |
| MAexp20: | 0.247231 | |
| MAexp50: | 0.257623 | |
| MAexp100: | 0.267965 | |
| Price / MA7: | -8.06% | |
| Price / MA20: | -13.51% | |
| Price / MA50: | +20.00% | |
| Price / MA100: | +82.63% | |
| Price / MAexp7: | +1.92% | |
| Price / MAexp20: | +0.23% | |
| Price / MAexp50: | -3.81% | |
| Price / MAexp100: | -7.52% |
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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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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