LITECOIN - LTC/USD
LITECOIN - LTC/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: LTCUSD
ISIN:

LITECOIN - LTC/USD - 15 min. - Technical analysis published on 01/22/2021 (GMT)

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  • Timeframe : 15 min.
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 135.12 USD
My targets
120.01 USD (-7.11%)
110.45 USD (-14.51%)
My analysis
LITECOIN - LTC/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 135.12 USD. The next support located at 120.01 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 110.45 USD. Below this support, sellers could then target 95.34 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by teodorassenov69. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

LITECOIN - LTC/USD rating 129.20 USD. The price is lower by -0.29% since the last closing with the lowest point at 122.52 USD and the highest point at 129.76 USD. The deviation from the price is +5.45% for the low point and -0.43% for the high point.

122.52
129.76
129.20

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

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:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in 15 min. of this LITECOIN - LTC/USD chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 15 minutes



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 67.23 83.28 125.93 129.20 130.20 136.56 141.26
Change (%) -47.96% -35.54% -2.53% - +0.77% +5.70% +9.33%
Change -61.97 -45.92 -3.27 - +1.00 +7.36 +12.06
Level Intermediate Intermediate Minor - 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
Standard95.34110.45120.01135.12144.68159.79169.35
Camarilla122.80125.06127.32129.58131.84134.10136.36
Woodie92.58109.06117.25133.73141.92158.40166.59
Fibonacci110.45119.87125.69135.12144.54150.36159.79


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard36.4974.88109.43147.82182.37220.76255.31
Camarilla123.93130.62137.30143.99150.68157.36164.05
Woodie34.5873.92107.52146.86180.46219.80253.40
Fibonacci74.88102.74119.95147.82175.68192.89220.76


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.0942.0483.30111.25152.51180.46221.72
Camarilla105.52111.86118.21124.55130.89137.24143.58
Woodie20.7445.3789.95114.58159.16183.79228.37
Fibonacci42.0468.4884.82111.25137.69154.03180.46

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): 33.85
MACD (12,26,9): -1.8300
Directional Movement: -29.04
AROON (14): -92.86
DEMA (21): 128.17
Parabolic SAR (0,02-0,02-0,2): 130.77
Elder Ray (13): -1.53
Super Trend (3,10): 131.96
Zig ZAG (10): 127.18
VORTEX (21): 0.8100
Stochastique (14,3,5): 32.09
TEMA (21): 127.21
Williams %R (14): -56.79
Chande Momentum Oscillator (20): -2.78
Repulse (5,40,3): -0.3300
ROCnROLL: 2
TRIX (15,9): -0.1500
Courbe Coppock: 6.99
MA7: 142.19
MA20: 152.34
MA50: 122.64
MA100: 93.88
MAexp7: 126.91
MAexp20: 129.89
MAexp50: 132.57
MAexp100: 136.22
Price / MA7: -9.14%
Price / MA20: -15.19%
Price / MA50: +5.35%
Price / MA100: +37.62%
Price / MAexp7: +1.80%
Price / MAexp20: -0.53%
Price / MAexp50: -2.54%
Price / MAexp100: -5.15%

Quotes : 2021-01-22 01:44:21 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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