LISK - LSK/USD - 1H - Technical analysis published on 04/24/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Slightly bearish
Technical indicators
39%
11%
50%
My opinion
Bearish under 1.05 USD
My targets
1.00 USD (-1.96%)
0.98 USD (-3.92%)
My analysis
The basic trend is currently slightly bearish on LISK - LSK/USD and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 1.05 USD, sales could be favoured. The first bearish objective would be located at 1.00 USD. Sellers would then use the next support located at 0.98 USD as an objective. Crossing it would then enable sellers to target 0.94 USD. A return to above the resistance at 1.05 USD could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
0.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LISK - LSK/USD price is 1.02 USD. On the day, this instrument lost +0.00% and was traded between 1.01 USD and 1.05 USD over the period. The price is currently at +0.99% from its lowest and -2.86% from its highest.1.01
1.05
1.02
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by LISK - LSK/USD:
Technical
Technical analysis of this 1H chart of LISK - LSK/USD indicates that the overall trend is slightly bearish. 46.43% of the signals given by moving averages are bearish. This bearish trend does not seem to be increasing given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
The probability of a further increase is slight given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.94 | 0.98 | 1.00 | 1.02 | 1.02 | 1.05 | 1.07 |
| Change (%) | -7.84% | -3.92% | -1.96% | 0% | - | +2.94% | +4.90% |
| Change | -0.08 | -0.04 | -0.02 | 0 | - | +0.03 | +0.05 |
| Level | Intermediate | Minor | Minor | Intermediate | - | Intermediate | Major |
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 | 0.91 | 0.95 | 0.98 | 1.02 | 1.05 | 1.09 | 1.12 |
| Camarilla | 1.00 | 1.01 | 1.01 | 1.02 | 1.03 | 1.03 | 1.04 |
| Woodie | 0.92 | 0.95 | 0.99 | 1.02 | 1.06 | 1.09 | 1.13 |
| Fibonacci | 0.95 | 0.97 | 0.99 | 1.02 | 1.04 | 1.06 | 1.09 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.76 | 0.84 | 0.96 | 1.04 | 1.16 | 1.24 | 1.36 |
| Camarilla | 1.02 | 1.03 | 1.05 | 1.07 | 1.09 | 1.11 | 1.13 |
| Woodie | 0.77 | 0.85 | 0.97 | 1.05 | 1.17 | 1.25 | 1.37 |
| Fibonacci | 0.84 | 0.92 | 0.97 | 1.04 | 1.12 | 1.17 | 1.24 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.96 | 1.10 | 1.04 | 1.18 | 1.12 | 1.26 | 1.20 |
| Camarilla | 0.97 | 0.98 | 0.98 | 0.99 | 1.00 | 1.01 | 1.01 |
| Woodie | 0.87 | 1.05 | 0.95 | 1.13 | 1.03 | 1.21 | 1.11 |
| Fibonacci | 1.10 | 1.13 | 1.15 | 1.18 | 1.21 | 1.23 | 1.26 |
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): | 43.89 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -3.60 | |
| AROON (14): | 0 | |
| DEMA (21): | 1.04 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.00 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 0.99 | |
| Zig ZAG (10): | 1.03 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 66.67 | |
| TEMA (21): | 1.05 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.01 | |
| Repulse (5,40,3): | 2.4100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 0.68 |
| MA7: | 1.05 | |
| MA20: | 1.03 | |
| MA50: | 1.01 | |
| MA100: | 1.16 | |
| MAexp7: | 1.04 | |
| MAexp20: | 1.03 | |
| MAexp50: | 1.03 | |
| MAexp100: | 1.02 | |
| Price / MA7: | -2.86% | |
| Price / MA20: | -0.97% | |
| Price / MA50: | +0.99% | |
| Price / MA100: | -12.07% | |
| Price / MAexp7: | -1.92% | |
| Price / MAexp20: | -0.97% | |
| Price / MAexp50: | -0.97% | |
| Price / MAexp100: | -0% |
This member declared not having a position on this financial instrument or a related financial instrument.
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