LIVEPEER - LPT/USDT - 1H - Technical analysis published on 03/10/2023 (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
67%
0%
33%
My opinion
Bearish under 5.38 USDT
My targets
4.89 USDT (-8.03%)
4.64 USDT (-12.78%)
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 LIVEPEER - LPT/USDT. As long as you are under the resistance located at 5.38 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 4.89 USDT 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 4.64 USDT as an objective. If the resistance 5.38 USDT 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
1.1
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Additional analysis
Quotes
LIVEPEER - LPT/USDT rating 5.32 USDT. The price is lower by -2.03% since the last closing and was between 5.01 USDT and 5.43 USDT. This implies that the price is at +6.19% from its lowest and at -2.03% from its highest.5.01
5.43
5.32
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this LIVEPEER - LPT/USDT chart shows a bearish trend. 75.00% 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 market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Three white soldiers
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 4.64 | 5.32 | 5.38 | 5.85 | 6.08 |
| Change (%) | -12.78% | - | +1.13% | +9.96% | +14.29% |
| Change | -0.68 | - | +0.06 | +0.53 | +0.76 |
| Level | Major | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.54 | 4.89 | 5.16 | 5.51 | 5.78 | 6.13 | 6.40 |
| Camarilla | 5.26 | 5.32 | 5.37 | 5.43 | 5.49 | 5.54 | 5.60 |
| Woodie | 4.50 | 4.87 | 5.12 | 5.49 | 5.74 | 6.11 | 6.36 |
| Fibonacci | 4.89 | 5.13 | 5.27 | 5.51 | 5.75 | 5.89 | 6.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.94 | 4.89 | 5.46 | 6.41 | 6.98 | 7.93 | 8.50 |
| Camarilla | 5.60 | 5.74 | 5.88 | 6.02 | 6.16 | 6.30 | 6.44 |
| Woodie | 3.74 | 4.80 | 5.26 | 6.32 | 6.78 | 7.84 | 8.30 |
| Fibonacci | 4.89 | 5.47 | 5.83 | 6.41 | 6.99 | 7.35 | 7.93 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.90 | 4.40 | 6.36 | 8.86 | 10.82 | 13.32 | 15.28 |
| Camarilla | 7.10 | 7.51 | 7.92 | 8.33 | 8.74 | 9.15 | 9.56 |
| Woodie | 1.64 | 4.27 | 6.10 | 8.73 | 10.56 | 13.19 | 15.02 |
| Fibonacci | 4.40 | 6.10 | 7.15 | 8.86 | 10.56 | 11.61 | 13.32 |
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): | 49.34 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | -1.78 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 5.23 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.08 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 5.44 | |
| Zig ZAG (10): | 5.34 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 80.02 | |
| TEMA (21): | 5.27 | |
| Williams %R (14): | -14.85 | |
| Chande Momentum Oscillator (20): | 0.14 | |
| Repulse (5,40,3): | 0.8400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2000 | |
| Courbe Coppock: | 1.53 |
| MA7: | 5.79 | |
| MA20: | 7.54 | |
| MA50: | 7.54 | |
| MA100: | 6.77 | |
| MAexp7: | 5.29 | |
| MAexp20: | 5.30 | |
| MAexp50: | 5.44 | |
| MAexp100: | 5.66 | |
| Price / MA7: | -8.12% | |
| Price / MA20: | -29.44% | |
| Price / MA50: | -29.44% | |
| Price / MA100: | -21.42% | |
| Price / MAexp7: | +0.57% | |
| Price / MAexp20: | +0.38% | |
| Price / MAexp50: | -2.21% | |
| Price / MAexp100: | -6.01% |
Quotes :
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Real time data
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Cryptocompare
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