LIVEPEER - LPT/USD - 1H - Technical analysis published on 12/23/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 9.00 USD
My targets
9.53 USD (+3.93%)
10.34 USD (+12.76%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 9.00 USD remains possible. It is advisable to trade LIVEPEER - LPT/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 9.00 USD. The next bullish objective for buyers is set at 9.53 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 10.34 USD. If there is any crossing, the next objective would be the resistance located at 10.66 USD. PS: if there is a bearish break in the support located at 9.00 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.2
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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 LIVEPEER - LPT/USD price is 9.17 USD. The price has increased by +2.80% since the last closing with the lowest point at 8.76 USD and the highest point at 9.23 USD. The deviation from the price is +4.68% for the low point and -0.65% for the high point.8.76
9.23
9.17
Here is a more detailed summary of the historical variations registered by LIVEPEER - LPT/USD:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of LIVEPEER - LPT/USD indicates that the overall trend is bullish. The signals given by moving averages are 64.29% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of 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 | 7.91 | 8.65 | 9.00 | 9.17 | 9.53 | 10.34 | 10.66 |
| Change (%) | -13.74% | -5.67% | -1.85% | - | +3.93% | +12.76% | +16.25% |
| Change | -1.26 | -0.52 | -0.17 | - | +0.36 | +1.17 | +1.49 |
| Level | Major | Intermediate | Minor | - | 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 | 7.89 | 8.34 | 8.63 | 9.08 | 9.37 | 9.82 | 10.11 |
| Camarilla | 8.72 | 8.78 | 8.85 | 8.92 | 8.99 | 9.06 | 9.12 |
| Woodie | 7.81 | 8.30 | 8.55 | 9.04 | 9.29 | 9.78 | 10.03 |
| Fibonacci | 8.34 | 8.62 | 8.80 | 9.08 | 9.36 | 9.54 | 9.82 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.19 | 5.07 | 6.35 | 7.23 | 8.51 | 9.39 | 10.67 |
| Camarilla | 7.03 | 7.22 | 7.42 | 7.62 | 7.82 | 8.02 | 8.21 |
| Woodie | 4.38 | 5.17 | 6.54 | 7.33 | 8.70 | 9.49 | 10.86 |
| Fibonacci | 5.07 | 5.90 | 6.41 | 7.23 | 8.06 | 8.57 | 9.39 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.78 | 4.81 | 5.60 | 6.63 | 7.42 | 8.45 | 9.24 |
| Camarilla | 5.88 | 6.05 | 6.21 | 6.38 | 6.55 | 6.71 | 6.88 |
| Woodie | 3.65 | 4.75 | 5.47 | 6.57 | 7.29 | 8.39 | 9.11 |
| Fibonacci | 4.81 | 5.51 | 5.94 | 6.63 | 7.33 | 7.76 | 8.45 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 57.29 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | 5.93 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 8.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.77 | |
| Elder Ray (13): | 0.21 | |
| Super Trend (3,10): | 9.30 | |
| Zig ZAG (10): | 9.21 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 87.45 | |
| TEMA (21): | 8.96 | |
| Williams %R (14): | -3.81 | |
| Chande Momentum Oscillator (20): | 0.25 | |
| Repulse (5,40,3): | 2.4900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1400 | |
| Courbe Coppock: | 0.78 |
| MA7: | 8.61 | |
| MA20: | 7.39 | |
| MA50: | 6.97 | |
| MA100: | 6.44 | |
| MAexp7: | 9.05 | |
| MAexp20: | 9.03 | |
| MAexp50: | 9.03 | |
| MAexp100: | 8.73 | |
| Price / MA7: | +6.50% | |
| Price / MA20: | +24.09% | |
| Price / MA50: | +31.56% | |
| Price / MA100: | +42.39% | |
| Price / MAexp7: | +1.33% | |
| Price / MAexp20: | +1.55% | |
| Price / MAexp50: | +1.55% | |
| Price / MAexp100: | +5.04% |
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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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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