LITECOIN - LTC/USD - 1H - Technical analysis published on 07/10/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bearish
Technical indicators
28%
33%
39%
My opinion
Neutral between 42.33 USD and 44.45 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on LITECOIN - LTC/USD. It is difficult to advise a trading direction under these conditions. The first support is located at 42.33 USD. The first resistance is located at 44.45 USD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
LITECOIN - LTC/USD rating 44.14 USD. On the day, this instrument gained +0.43% and was between 43.53 USD and 44.58 USD. This implies that the price is at +1.40% from its lowest and at -0.99% from its highest.43.53
44.58
44.14
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of LITECOIN - LTC/USD indicates that the overall trend is slightly bearish. 50.00% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 5 are bullish, 7 are neutral and 6 are bearish. 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 over resistance 3
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 41.62 | 42.33 | 44.02 | 44.14 | 44.45 | 44.95 | 45.73 |
| Change (%) | -5.71% | -4.10% | -0.27% | - | +0.70% | +1.84% | +3.60% |
| Change | -2.52 | -1.81 | -0.12 | - | +0.31 | +0.81 | +1.59 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 40.75 | 42.18 | 43.06 | 44.49 | 45.37 | 46.80 | 47.68 |
| Camarilla | 43.32 | 43.53 | 43.74 | 43.95 | 44.16 | 44.37 | 44.59 |
| Woodie | 40.49 | 42.04 | 42.80 | 44.35 | 45.11 | 46.66 | 47.42 |
| Fibonacci | 42.18 | 43.06 | 43.60 | 44.49 | 45.37 | 45.91 | 46.80 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.98 | 2.61 | 3.04 | 3.67 | 4.10 | 4.73 | 5.16 |
| Camarilla | 3.19 | 3.29 | 3.38 | 3.48 | 3.58 | 3.67 | 3.77 |
| Woodie | 1.89 | 2.56 | 2.95 | 3.62 | 4.01 | 4.68 | 5.07 |
| Fibonacci | 2.61 | 3.01 | 3.26 | 3.67 | 4.07 | 4.32 | 4.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 33.96 | 44.11 | 43.70 | 53.85 | 53.44 | 63.59 | 63.18 |
| Camarilla | 40.62 | 41.51 | 42.41 | 43.30 | 44.19 | 45.09 | 45.98 |
| Woodie | 28.69 | 41.47 | 38.43 | 51.21 | 48.17 | 60.95 | 57.91 |
| Fibonacci | 44.11 | 47.83 | 50.13 | 53.85 | 57.57 | 59.87 | 63.59 |
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): | 43.18 | |
| MACD (12,26,9): | -0.1500 | |
| Directional Movement: | 1.03 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 43.91 | |
| Parabolic SAR (0,02-0,02-0,2): | 43.70 | |
| Elder Ray (13): | -0.05 | |
| Super Trend (3,10): | 43.24 | |
| Zig ZAG (10): | 44.14 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 43.64 | |
| TEMA (21): | 43.92 | |
| Williams %R (14): | -70.10 | |
| Chande Momentum Oscillator (20): | -0.30 | |
| Repulse (5,40,3): | -0.6100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 0.47 |
| MA7: | 45.61 | |
| MA20: | 43.37 | |
| MA50: | 44.30 | |
| MA100: | 44.15 | |
| MAexp7: | 44.06 | |
| MAexp20: | 44.13 | |
| MAexp50: | 44.31 | |
| MAexp100: | 44.01 | |
| Price / MA7: | -3.22% | |
| Price / MA20: | +1.78% | |
| Price / MA50: | -0.36% | |
| Price / MA100: | -0.02% | |
| Price / MAexp7: | +0.18% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | -0.38% | |
| Price / MAexp100: | +0.30% |
Quotes :
2020-07-10 14:57:42
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Real time data
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Cryptocompare
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