LCX - LCX/USD - 1H - Technical analysis published on 07/15/2024 (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 bullish
Underlying:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 0.166989 USD
My targets
0.176012 USD (+1.79%)
0.183368 USD (+6.04%)
My analysis
The bullish trend is currently very strong on LCX - LCX/USD. As long as the price remains above the support at 0.166989 USD, you could try to benefit from the boom. The first bullish objective is located at 0.176012 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.183368 USD as an objective. Crossing it would then enable buyers to target 0.231401 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
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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 0.172917 USD. On the day, this instrument gained +12.23% with the lowest point at 0.154023 USD and the highest point at 0.173598 USD. The deviation from the price is +12.27% for the low point and -0.39% for the high point.0.154023
0.173598
0.172917
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by LCX - LCX/USD:
Technical
Technical analysis of this 1H chart of LCX - LCX/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.147300 | 0.154756 | 0.166989 | 0.172917 | 0.176012 | 0.183368 | 0.231401 |
| Change (%) | -14.81% | -10.50% | -3.43% | - | +1.79% | +6.04% | +33.82% |
| Change | -0.025617 | -0.018161 | -0.005928 | - | +0.003095 | +0.010451 | +0.058484 |
| Level | Major | Intermediate | Major | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.133718 | 0.140007 | 0.147038 | 0.153327 | 0.160358 | 0.166647 | 0.173678 |
| Camarilla | 0.150407 | 0.151628 | 0.152849 | 0.154070 | 0.155291 | 0.156512 | 0.157733 |
| Woodie | 0.134090 | 0.140193 | 0.147410 | 0.153513 | 0.160730 | 0.166833 | 0.174050 |
| Fibonacci | 0.140007 | 0.145095 | 0.148238 | 0.153327 | 0.158415 | 0.161558 | 0.166647 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.113244 | 0.126993 | 0.139527 | 0.153276 | 0.165810 | 0.179559 | 0.192093 |
| Camarilla | 0.144834 | 0.147244 | 0.149653 | 0.152062 | 0.154471 | 0.156881 | 0.159290 |
| Woodie | 0.112638 | 0.126689 | 0.138921 | 0.152972 | 0.165204 | 0.179255 | 0.191487 |
| Fibonacci | 0.126993 | 0.137033 | 0.143236 | 0.153276 | 0.163316 | 0.169519 | 0.179559 |
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 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): | 59.67 | |
| MACD (12,26,9): | 0.0035 | |
| Directional Movement: | 0.337384 | |
| AROON (14): | 14.285715 | |
| DEMA (21): | 0.170860 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.164135 | |
| Elder Ray (13): | 0.003042 | |
| Super Trend (3,10): | 0.158887 | |
| Zig ZAG (10): | 0.170553 | |
| VORTEX (21): | 1.1911 | |
| Stochastique (14,3,5): | 69.53 | |
| TEMA (21): | 0.171555 | |
| Williams %R (14): | -25.62 | |
| Chande Momentum Oscillator (20): | 0.003275 | |
| Repulse (5,40,3): | 1.4594 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3504 | |
| Courbe Coppock: | 7.29 |
| MA7: | 0.156138 | |
| MA20: | 0.166540 | |
| MA50: | 0.208788 | |
| MA100: | 0.252876 | |
| MAexp7: | 0.169391 | |
| MAexp20: | 0.166103 | |
| MAexp50: | 0.160516 | |
| MAexp100: | 0.157463 | |
| Price / MA7: | +10.75% | |
| Price / MA20: | +3.83% | |
| Price / MA50: | -17.18% | |
| Price / MA100: | -31.62% | |
| Price / MAexp7: | +2.08% | |
| Price / MAexp20: | +4.10% | |
| Price / MAexp50: | +7.73% | |
| Price / MAexp100: | +9.81% |
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.
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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