LISK - LSK/USD - 1H - Technical analysis published on 05/03/2024 (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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 1.80 USD
My targets
1.93 USD (+2.66%)
2.03 USD (+7.98%)
My analysis
The bullish trend is currently very strong on LISK - LSK/USD. As long as the price remains above the support at 1.80 USD, you could try to benefit from the boom. The first bullish objective is located at 1.93 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.03 USD as an objective. Crossing it would then enable buyers to target 2.14 USD. 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
8.6
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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 LISK - LSK/USD price is 1.88 USD. The price registered an increase of +6.22% on the session and was between 1.77 USD and 1.90 USD. This implies that the price is at +6.21% from its lowest and at -1.05% from its highest.1.77
1.90
1.88
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
A technical analysis in 1H of this LISK - LSK/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
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 : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.58 | 1.77 | 1.87 | 1.88 | 1.93 | 2.03 | 2.14 |
| Change (%) | -15.96% | -5.85% | -0.53% | - | +2.66% | +7.98% | +13.83% |
| Change | -0.30 | -0.11 | -0.01 | - | +0.05 | +0.15 | +0.26 |
| Level | Intermediate | Major | Intermediate | - | Minor | Intermediate | Intermediate |
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 | 1.45 | 1.56 | 1.66 | 1.77 | 1.87 | 1.98 | 2.08 |
| Camarilla | 1.71 | 1.73 | 1.75 | 1.77 | 1.79 | 1.81 | 1.83 |
| Woodie | 1.46 | 1.56 | 1.67 | 1.77 | 1.88 | 1.98 | 2.09 |
| Fibonacci | 1.56 | 1.64 | 1.69 | 1.77 | 1.85 | 1.90 | 1.98 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.93 | 1.26 | 1.47 | 1.80 | 2.01 | 2.34 | 2.55 |
| Camarilla | 1.52 | 1.57 | 1.62 | 1.67 | 1.72 | 1.77 | 1.82 |
| Woodie | 0.86 | 1.23 | 1.40 | 1.77 | 1.94 | 2.31 | 2.48 |
| Fibonacci | 1.26 | 1.47 | 1.60 | 1.80 | 2.01 | 2.14 | 2.34 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.17 | 0.67 | 1.13 | 1.63 | 2.09 | 2.59 | 3.05 |
| Camarilla | 1.32 | 1.40 | 1.49 | 1.58 | 1.67 | 1.76 | 1.84 |
| Woodie | 0.14 | 0.66 | 1.10 | 1.62 | 2.06 | 2.58 | 3.02 |
| Fibonacci | 0.67 | 1.04 | 1.27 | 1.63 | 2.00 | 2.23 | 2.59 |
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): | 60.97 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 18.38 | |
| AROON (14): | 7.15 | |
| DEMA (21): | 1.87 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.77 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 1.74 | |
| Zig ZAG (10): | 1.88 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 76.92 | |
| TEMA (21): | 1.86 | |
| Williams %R (14): | -15.38 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | 1.4900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2100 | |
| Courbe Coppock: | 4.17 |
| MA7: | 1.70 | |
| MA20: | 1.69 | |
| MA50: | 1.80 | |
| MA100: | 1.68 | |
| MAexp7: | 1.86 | |
| MAexp20: | 1.83 | |
| MAexp50: | 1.78 | |
| MAexp100: | 1.74 | |
| Price / MA7: | +10.59% | |
| Price / MA20: | +11.24% | |
| Price / MA50: | +4.44% | |
| Price / MA100: | +11.90% | |
| Price / MAexp7: | +1.08% | |
| Price / MAexp20: | +2.73% | |
| Price / MAexp50: | +5.62% | |
| Price / MAexp100: | +8.05% |
Quotes :
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Real time data
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