LCX - LCX/USD - 1H - Technical analysis published on 03/12/2024 (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 bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.264288 USD
My targets
0.244988 USD (-3.06%)
0.236256 USD (-6.52%)
My analysis
The bearish trend is currently very strong for LCX - LCX/USD. As long as the price remains below the resistance at 0.264288 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.244988 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.236256 USD as an objective. Crossing it would then enable sellers to target 0.226156 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.1
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Additional analysis
Quotes
LCX - LCX/USD rating 0.252733 USD. On the day, this instrument lost -0.21% with the lowest point at 0.249839 USD and the highest point at 0.266656 USD. The deviation from the price is +1.16% for the low point and -5.22% for the high point.0.249839
0.266656
0.252733
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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 sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact 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 | 0.236256 | 0.244988 | 0.252490 | 0.252733 | 0.264288 | 0.279337 | 0.289216 |
| Change (%) | -6.52% | -3.06% | -0.10% | - | +4.57% | +10.53% | +14.44% |
| Change | -0.016477 | -0.007745 | -0.000243 | - | +0.011555 | +0.026604 | +0.036483 |
| Level | Major | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.204035 | 0.228263 | 0.240761 | 0.264989 | 0.277487 | 0.301715 | 0.314213 |
| Camarilla | 0.243160 | 0.246527 | 0.249894 | 0.253260 | 0.256627 | 0.259993 | 0.263360 |
| Woodie | 0.198171 | 0.225331 | 0.234897 | 0.262057 | 0.271623 | 0.298783 | 0.308349 |
| Fibonacci | 0.228263 | 0.242292 | 0.250959 | 0.264989 | 0.279018 | 0.287685 | 0.301715 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.172611 | 0.199383 | 0.242195 | 0.268967 | 0.311779 | 0.338551 | 0.381363 |
| Camarilla | 0.265870 | 0.272249 | 0.278628 | 0.285006 | 0.291385 | 0.297763 | 0.304142 |
| Woodie | 0.180630 | 0.203393 | 0.250214 | 0.272977 | 0.319798 | 0.342561 | 0.389382 |
| Fibonacci | 0.199383 | 0.225964 | 0.242386 | 0.268967 | 0.295548 | 0.311970 | 0.338551 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.054553 | 0.134049 | 0.190415 | 0.269911 | 0.326277 | 0.405773 | 0.462139 |
| Camarilla | 0.209420 | 0.221874 | 0.234328 | 0.246782 | 0.259236 | 0.271690 | 0.284144 |
| Woodie | 0.042989 | 0.128267 | 0.178851 | 0.264129 | 0.314713 | 0.399991 | 0.450575 |
| Fibonacci | 0.134049 | 0.185948 | 0.218011 | 0.269911 | 0.321810 | 0.353873 | 0.405773 |
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): | 37.72 | |
| MACD (12,26,9): | -0.0036 | |
| Directional Movement: | -16.425765 | |
| AROON (14): | -64.285714 | |
| DEMA (21): | 0.254573 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.265825 | |
| Elder Ray (13): | -0.006223 | |
| Super Trend (3,10): | 0.265907 | |
| Zig ZAG (10): | 0.252376 | |
| VORTEX (21): | 0.8635 | |
| Stochastique (14,3,5): | 10.37 | |
| TEMA (21): | 0.254304 | |
| Williams %R (14): | -85.09 | |
| Chande Momentum Oscillator (20): | -0.010775 | |
| Repulse (5,40,3): | -0.5389 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1761 | |
| Courbe Coppock: | 2.25 |
| MA7: | 0.263450 | |
| MA20: | 0.255837 | |
| MA50: | 0.260101 | |
| MA100: | 0.179888 | |
| MAexp7: | 0.255807 | |
| MAexp20: | 0.259193 | |
| MAexp50: | 0.264500 | |
| MAexp100: | 0.266318 | |
| Price / MA7: | -4.07% | |
| Price / MA20: | -1.21% | |
| Price / MA50: | -2.83% | |
| Price / MA100: | +40.49% | |
| Price / MAexp7: | -1.20% | |
| Price / MAexp20: | -2.49% | |
| Price / MAexp50: | -4.45% | |
| Price / MAexp100: | -5.10% |
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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