LCX - LCX/USD - 1H - Technical analysis published on 06/27/2024 (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:
Bearish
Technical indicators
61%
0%
39%
My opinion
Bearish under 0.200023 USD
My targets
0.189794 USD (-1.46%)
0.184043 USD (-4.45%)
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 under the resistance located at 0.200023 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.189794 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.184043 USD as an objective. Crossing it would then enable sellers to target 0.147300 USD. If the resistance 0.200023 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
1.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LCX - LCX/USD rating is 0.192605 USD. The price registered a decrease of -0.17% on the session with the lowest point at 0.188837 USD and the highest point at 0.194108 USD. The deviation from the price is +2.00% for the low point and -0.77% for the high point.0.188837
0.194108
0.192605
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of LCX - LCX/USD indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.123062 | 0.147300 | 0.189794 | 0.192605 | 0.200023 | 0.208802 | 0.219781 |
| Change (%) | -36.11% | -23.52% | -1.46% | - | +3.85% | +8.41% | +14.11% |
| Change | -0.069543 | -0.045305 | -0.002811 | - | +0.007418 | +0.016197 | +0.027176 |
| Level | Major | Major | 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 | 0.175876 | 0.182821 | 0.187878 | 0.194823 | 0.199880 | 0.206825 | 0.211882 |
| Camarilla | 0.189635 | 0.190735 | 0.191835 | 0.192935 | 0.194035 | 0.195135 | 0.196236 |
| Woodie | 0.174932 | 0.182349 | 0.186934 | 0.194351 | 0.198936 | 0.206353 | 0.210938 |
| Fibonacci | 0.182821 | 0.187406 | 0.190238 | 0.194823 | 0.199408 | 0.202240 | 0.206825 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.129923 | 0.157010 | 0.184043 | 0.211130 | 0.238163 | 0.265250 | 0.292283 |
| Camarilla | 0.196192 | 0.201153 | 0.206114 | 0.211075 | 0.216036 | 0.220997 | 0.225958 |
| Woodie | 0.129895 | 0.156997 | 0.184015 | 0.211117 | 0.238135 | 0.265237 | 0.292255 |
| Fibonacci | 0.157010 | 0.177684 | 0.190457 | 0.211130 | 0.231804 | 0.244577 | 0.265250 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.176093 | 0.218057 | 0.240748 | 0.282712 | 0.305403 | 0.347367 | 0.370058 |
| Camarilla | 0.245659 | 0.251586 | 0.257512 | 0.263439 | 0.269366 | 0.275292 | 0.281219 |
| Woodie | 0.166457 | 0.213239 | 0.231112 | 0.277894 | 0.295767 | 0.342549 | 0.360422 |
| Fibonacci | 0.218057 | 0.242755 | 0.258014 | 0.282712 | 0.307410 | 0.322669 | 0.347367 |
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): | 49.49 | |
| MACD (12,26,9): | -0.0009 | |
| Directional Movement: | 1.107580 | |
| AROON (14): | 21.428571 | |
| DEMA (21): | 0.191223 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.194876 | |
| Elder Ray (13): | 0.000605 | |
| Super Trend (3,10): | 0.197982 | |
| Zig ZAG (10): | 0.192564 | |
| VORTEX (21): | 1.0579 | |
| Stochastique (14,3,5): | 69.77 | |
| TEMA (21): | 0.191444 | |
| Williams %R (14): | -26.40 | |
| Chande Momentum Oscillator (20): | 0.000875 | |
| Repulse (5,40,3): | 0.2461 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1042 | |
| Courbe Coppock: | 0.08 |
| MA7: | 0.201270 | |
| MA20: | 0.217001 | |
| MA50: | 0.252848 | |
| MA100: | 0.280372 | |
| MAexp7: | 0.192276 | |
| MAexp20: | 0.192756 | |
| MAexp50: | 0.194988 | |
| MAexp100: | 0.198447 | |
| Price / MA7: | -4.31% | |
| Price / MA20: | -11.24% | |
| Price / MA50: | -23.83% | |
| Price / MA100: | -31.30% | |
| Price / MAexp7: | +0.17% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -1.22% | |
| Price / MAexp100: | -2.94% |
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.
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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