LIVEPEER - LPT/USD - 1H - Technical analysis published on 11/22/2023 (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
17%
61%
22%
My opinion
Bearish under 6.55 USD
My targets
5.85 USD (-6.89%)
5.38 USD (-14.33%)
My analysis
The bearish trend is currently very strong for LIVEPEER - LPT/USD. As long as the price remains below the resistance at 6.55 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 5.85 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 5.38 USD as an objective. Crossing it would then enable sellers to target 4.81 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 confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.5
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Additional analysis
Quotes
The LIVEPEER - LPT/USD price is 6.28 USD. The price registered a decrease of -0.16% on the session and was traded between 6.24 USD and 6.37 USD over the period. The price is currently at +0.64% from its lowest and -1.41% from its highest.6.24
6.37
6.28
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this LIVEPEER - LPT/USD chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are bearish. There is still some doubt about the decline in the price.
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
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 3.90 | 4.81 | 5.38 | 6.28 | 6.55 | 6.83 | 7.14 |
| Change (%) | -37.90% | -23.41% | -14.33% | - | +4.30% | +8.76% | +13.69% |
| Change | -2.38 | -1.47 | -0.90 | - | +0.27 | +0.55 | +0.86 |
| Level | Minor | Intermediate | Major | - | Intermediate | Minor | 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 | 5.04 | 5.60 | 5.95 | 6.51 | 6.86 | 7.42 | 7.77 |
| Camarilla | 6.04 | 6.12 | 6.21 | 6.29 | 6.37 | 6.46 | 6.54 |
| Woodie | 4.93 | 5.55 | 5.84 | 6.46 | 6.75 | 7.37 | 7.66 |
| Fibonacci | 5.60 | 5.95 | 6.17 | 6.51 | 6.86 | 7.08 | 7.42 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.19 | 5.85 | 6.36 | 7.02 | 7.53 | 8.19 | 8.70 |
| Camarilla | 6.56 | 6.67 | 6.77 | 6.88 | 6.99 | 7.10 | 7.20 |
| Woodie | 5.13 | 5.81 | 6.30 | 6.98 | 7.47 | 8.15 | 8.64 |
| Fibonacci | 5.85 | 6.29 | 6.57 | 7.02 | 7.46 | 7.74 | 8.19 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.21 | 4.76 | 5.46 | 6.01 | 6.71 | 7.26 | 7.96 |
| Camarilla | 5.81 | 5.92 | 6.04 | 6.15 | 6.27 | 6.38 | 6.49 |
| Woodie | 4.28 | 4.80 | 5.53 | 6.05 | 6.78 | 7.30 | 8.03 |
| Fibonacci | 4.76 | 5.24 | 5.54 | 6.01 | 6.49 | 6.79 | 7.26 |
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): | 32.06 | |
| MACD (12,26,9): | -0.1800 | |
| Directional Movement: | -34.51 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 6.35 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.45 | |
| Elder Ray (13): | -0.20 | |
| Super Trend (3,10): | 6.64 | |
| Zig ZAG (10): | 6.29 | |
| VORTEX (21): | 0.7300 | |
| Stochastique (14,3,5): | 18.99 | |
| TEMA (21): | 6.25 | |
| Williams %R (14): | -84.44 | |
| Chande Momentum Oscillator (20): | -0.49 | |
| Repulse (5,40,3): | -1.0500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3000 | |
| Courbe Coppock: | 16.01 |
| MA7: | 6.85 | |
| MA20: | 6.82 | |
| MA50: | 6.30 | |
| MA100: | 6.33 | |
| MAexp7: | 6.36 | |
| MAexp20: | 6.57 | |
| MAexp50: | 6.77 | |
| MAexp100: | 6.87 | |
| Price / MA7: | -8.32% | |
| Price / MA20: | -7.92% | |
| Price / MA50: | -0.32% | |
| Price / MA100: | -0.79% | |
| Price / MAexp7: | -1.26% | |
| Price / MAexp20: | -4.41% | |
| Price / MAexp50: | -7.24% | |
| Price / MAexp100: | -8.59% |
Quotes :
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Real time data
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Cryptocompare
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