LISK - LSK/USDT - Daily - Technical analysis published on 05/12/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 1.64 USDT
My targets
2.11 USDT (+9.90%)
2.58 USDT (+34.22%)
My analysis
The bullish trend is currently very strong on LISK - LSK/USDT. As long as the price remains above the support at 1.64 USDT, you could try to benefit from the boom. The first bullish objective is located at 2.11 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.58 USDT as an objective. Crossing it would then enable buyers to target 2.74 USDT. 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
7.3
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This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
LISK - LSK/USDT rating 1.92 USDT. The price registered an increase of +4.92% on the session with the lowest point at 1.82 USDT and the highest point at 1.95 USDT. The deviation from the price is +5.49% for the low point and -1.54% for the high point.1.82
1.95
1.92
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of LISK - LSK/USDT in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% 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.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.97 | 1.30 | 1.58 | 1.92 | 1.96 | 2.11 | 2.74 |
| Change (%) | -49.48% | -32.29% | -17.71% | - | +2.08% | +9.90% | +42.71% |
| Change | -0.95 | -0.62 | -0.34 | - | +0.04 | +0.19 | +0.82 |
| Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.69 | 1.76 | 1.79 | 1.86 | 1.89 | 1.96 | 1.99 |
| Camarilla | 1.80 | 1.81 | 1.82 | 1.83 | 1.84 | 1.85 | 1.86 |
| Woodie | 1.68 | 1.75 | 1.78 | 1.85 | 1.88 | 1.95 | 1.98 |
| Fibonacci | 1.76 | 1.80 | 1.82 | 1.86 | 1.90 | 1.92 | 1.96 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.51 | 1.66 | 1.75 | 1.90 | 1.99 | 2.14 | 2.23 |
| Camarilla | 1.76 | 1.79 | 1.81 | 1.83 | 1.85 | 1.87 | 1.90 |
| Woodie | 1.47 | 1.65 | 1.71 | 1.89 | 1.95 | 2.13 | 2.19 |
| Fibonacci | 1.66 | 1.76 | 1.81 | 1.90 | 2.00 | 2.05 | 2.14 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.20 | 0.70 | 1.14 | 1.64 | 2.08 | 2.58 | 3.02 |
| Camarilla | 1.33 | 1.42 | 1.50 | 1.59 | 1.68 | 1.76 | 1.85 |
| Woodie | 0.18 | 0.69 | 1.12 | 1.63 | 2.06 | 2.57 | 3.00 |
| Fibonacci | 0.70 | 1.06 | 1.28 | 1.64 | 2.00 | 2.22 | 2.58 |
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): | 54.06 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 8.97 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 1.89 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.68 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 1.50 | |
| Zig ZAG (10): | 1.92 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 59.99 | |
| TEMA (21): | 1.93 | |
| Williams %R (14): | -33.25 | |
| Chande Momentum Oscillator (20): | 0.33 | |
| Repulse (5,40,3): | 0.0900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2400 | |
| Courbe Coppock: | 22.82 |
| MA7: | 1.91 | |
| MA20: | 1.81 | |
| MA50: | 1.82 | |
| MA100: | 1.73 | |
| MAexp7: | 1.90 | |
| MAexp20: | 1.84 | |
| MAexp50: | 1.80 | |
| MAexp100: | 1.70 | |
| Price / MA7: | +0.52% | |
| Price / MA20: | +6.08% | |
| Price / MA50: | +5.49% | |
| Price / MA100: | +10.98% | |
| Price / MAexp7: | +1.05% | |
| Price / MAexp20: | +4.35% | |
| Price / MAexp50: | +6.67% | |
| Price / MAexp100: | +12.94% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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