LISK - LSK/USD - 1H - Technical analysis published on 04/28/2020 (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
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 1.21 USD
My targets
1.30 USD (+4.24%)
1.48 USD (+18.16%)
My analysis
LISK - LSK/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.21 USD. The next resistance located at 1.30 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.48 USD. After this resistance, buyers could then target 1.48 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8.4
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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 1.25 USD. The price has increased by +5.93% since the last closing and was traded between 1.12 USD and 1.25 USD over the period. The price is currently at +11.61% from its lowest and 0% from its highest.1.12
1.25
1.25
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this LISK - LSK/USD chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% 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.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
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 2
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
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 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.07 | 1.11 | 1.17 | 1.25 | 1.48 | 1.80 | 2.14 |
| Change (%) | -14.40% | -11.20% | -6.40% | - | +18.40% | +44.00% | +71.20% |
| Change | -0.18 | -0.14 | -0.08 | - | +0.23 | +0.55 | +0.89 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.93 | 0.99 | 1.08 | 1.14 | 1.23 | 1.29 | 1.38 |
| Camarilla | 1.14 | 1.15 | 1.17 | 1.18 | 1.19 | 1.21 | 1.22 |
| Woodie | 0.96 | 1.00 | 1.11 | 1.15 | 1.26 | 1.30 | 1.41 |
| Fibonacci | 0.99 | 1.04 | 1.08 | 1.14 | 1.19 | 1.23 | 1.29 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.79 | 0.87 | 0.96 | 1.04 | 1.13 | 1.21 | 1.30 |
| Camarilla | 1.01 | 1.03 | 1.04 | 1.06 | 1.08 | 1.09 | 1.11 |
| Woodie | 0.81 | 0.87 | 0.98 | 1.04 | 1.15 | 1.21 | 1.32 |
| Fibonacci | 0.87 | 0.93 | 0.97 | 1.04 | 1.10 | 1.14 | 1.21 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.46 | 0.03 | 0.51 | 1.00 | 1.48 | 1.97 | 2.45 |
| Camarilla | 0.71 | 0.80 | 0.89 | 0.98 | 1.07 | 1.16 | 1.25 |
| Woodie | -0.48 | 0.03 | 0.50 | 1.00 | 1.47 | 1.97 | 2.44 |
| Fibonacci | 0.03 | 0.40 | 0.63 | 1.00 | 1.37 | 1.60 | 1.97 |
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): | 69.41 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 14.86 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 1.18 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.12 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 1.11 | |
| Zig ZAG (10): | 1.20 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 76.67 | |
| TEMA (21): | 1.19 | |
| Williams %R (14): | -20.00 | |
| Chande Momentum Oscillator (20): | 0.07 | |
| Repulse (5,40,3): | -0.9900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2300 | |
| Courbe Coppock: | 5.35 |
| MA7: | 1.08 | |
| MA20: | 1.04 | |
| MA50: | 1.00 | |
| MA100: | 1.17 | |
| MAexp7: | 1.19 | |
| MAexp20: | 1.16 | |
| MAexp50: | 1.13 | |
| MAexp100: | 1.09 | |
| Price / MA7: | +15.74% | |
| Price / MA20: | +20.19% | |
| Price / MA50: | +25.00% | |
| Price / MA100: | +6.84% | |
| Price / MAexp7: | +5.04% | |
| Price / MAexp20: | +7.76% | |
| Price / MAexp50: | +10.62% | |
| Price / MAexp100: | +14.68% |
This member declared not having a position on this financial instrument or a related financial instrument.
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