LCX - LCX/USD - 1H - Technical analysis published on 07/03/2024 (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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 0.176873 USD
My targets
0.160702 USD (-3.70%)
0.147300 USD (-11.73%)
My analysis
LCX - LCX/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.176873 USD. The next support located at 0.160702 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.147300 USD. Below this support, sellers could then target 0.123062 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.1
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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 0.166872 USD. The price has increased by +2.73% since the last closing and was between 0.162445 USD and 0.169282 USD. This implies that the price is at +2.73% from its lowest and at -1.42% from its highest.0.162445
0.169282
0.166872
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
Here is a more detailed summary of the historical variations registered by LCX - LCX/USD:
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 strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
On the 18 technical indicators analysed, 6 are bullish, 6 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.160702 | 0.166872 | 0.176873 | 0.188958 | 0.196221 |
| Change (%) | -26.25% | -11.73% | -3.70% | - | +5.99% | +13.24% | +17.59% |
| Change | -0.043810 | -0.019572 | -0.006170 | - | +0.010001 | +0.022086 | +0.029349 |
| Level | Major | Major | Intermediate | - | Minor | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.139593 | 0.150147 | 0.156296 | 0.166850 | 0.172999 | 0.183553 | 0.189702 |
| Camarilla | 0.157851 | 0.159382 | 0.160913 | 0.162444 | 0.163975 | 0.165506 | 0.167037 |
| Woodie | 0.137390 | 0.149046 | 0.154093 | 0.165749 | 0.170796 | 0.182452 | 0.187499 |
| Fibonacci | 0.150147 | 0.156528 | 0.160470 | 0.166850 | 0.173231 | 0.177173 | 0.183553 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.115810 | 0.143162 | 0.161695 | 0.189047 | 0.207580 | 0.234932 | 0.253465 |
| Camarilla | 0.167609 | 0.171815 | 0.176021 | 0.180227 | 0.184433 | 0.188639 | 0.192845 |
| Woodie | 0.111400 | 0.140957 | 0.157285 | 0.186842 | 0.203170 | 0.232727 | 0.249055 |
| Fibonacci | 0.143162 | 0.160690 | 0.171519 | 0.189047 | 0.206575 | 0.217404 | 0.234932 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.045793 | 0.108154 | 0.145183 | 0.207544 | 0.244573 | 0.306934 | 0.343963 |
| Camarilla | 0.154880 | 0.163991 | 0.173101 | 0.182212 | 0.191323 | 0.200434 | 0.209544 |
| Woodie | 0.033127 | 0.101821 | 0.132517 | 0.201211 | 0.231907 | 0.300601 | 0.331297 |
| Fibonacci | 0.108154 | 0.146121 | 0.169577 | 0.207544 | 0.245511 | 0.268967 | 0.306934 |
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): | 44.31 | |
| MACD (12,26,9): | -0.0026 | |
| Directional Movement: | -15.510162 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.164845 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.161161 | |
| Elder Ray (13): | 0.000284 | |
| Super Trend (3,10): | 0.172714 | |
| Zig ZAG (10): | 0.166545 | |
| VORTEX (21): | 0.8974 | |
| Stochastique (14,3,5): | 42.11 | |
| TEMA (21): | 0.164455 | |
| Williams %R (14): | -51.80 | |
| Chande Momentum Oscillator (20): | -0.005118 | |
| Repulse (5,40,3): | 0.7878 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2412 | |
| Courbe Coppock: | 7.21 |
| MA7: | 0.178083 | |
| MA20: | 0.199431 | |
| MA50: | 0.241519 | |
| MA100: | 0.275721 | |
| MAexp7: | 0.166337 | |
| MAexp20: | 0.168447 | |
| MAexp50: | 0.173156 | |
| MAexp100: | 0.178345 | |
| Price / MA7: | -6.30% | |
| Price / MA20: | -16.33% | |
| Price / MA50: | -30.91% | |
| Price / MA100: | -39.48% | |
| Price / MAexp7: | +0.32% | |
| Price / MAexp20: | -0.94% | |
| Price / MAexp50: | -3.63% | |
| Price / MAexp100: | -6.43% |
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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