LITECOIN - LTC/USD - 15 min. - Technical analysis published on 01/27/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 134.31 USD
My targets
123.19 USD (-1.67%)
117.87 USD (-5.91%)
My analysis
The bearish trend is currently very strong for LITECOIN - LTC/USD. As long as the price remains below the resistance at 134.31 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 123.19 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 117.87 USD as an objective. Crossing it would then enable sellers to target 83.28 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.5
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This analysis was given by teodorassenov69. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LITECOIN - LTC/USD price is 125.28 USD. On the day, this instrument lost -7.06% and was between 123.45 USD and 134.96 USD. This implies that the price is at +1.48% from its lowest and at -7.17% from its highest.123.45
134.96
125.28
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of LITECOIN - LTC/USD in 15 min. shows a overall strongly 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 15 minutes
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 | 67.23 | 83.28 | 122.52 | 125.28 | 129.58 | 133.98 | 141.26 |
| Change (%) | -46.34% | -33.52% | -2.20% | - | +3.43% | +6.94% | +12.76% |
| Change | -58.05 | -42.00 | -2.76 | - | +4.30 | +8.70 | +15.98 |
| Level | Major | Major | Minor | - | Major | 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 | 117.87 | 123.19 | 128.99 | 134.31 | 140.11 | 145.43 | 151.23 |
| Camarilla | 131.74 | 132.76 | 133.78 | 134.80 | 135.82 | 136.84 | 137.86 |
| Woodie | 118.12 | 123.31 | 129.24 | 134.43 | 140.36 | 145.55 | 151.48 |
| Fibonacci | 123.19 | 127.44 | 130.06 | 134.31 | 138.56 | 141.18 | 145.43 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 74.31 | 98.42 | 118.08 | 142.19 | 161.85 | 185.96 | 205.62 |
| Camarilla | 125.71 | 129.73 | 133.74 | 137.75 | 141.76 | 145.77 | 149.79 |
| Woodie | 72.10 | 97.31 | 115.87 | 141.08 | 159.64 | 184.85 | 203.41 |
| Fibonacci | 98.42 | 115.14 | 125.47 | 142.19 | 158.91 | 169.24 | 185.96 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.09 | 42.04 | 83.30 | 111.25 | 152.51 | 180.46 | 221.72 |
| Camarilla | 105.52 | 111.86 | 118.21 | 124.55 | 130.89 | 137.24 | 143.58 |
| Woodie | 20.74 | 45.37 | 89.95 | 114.58 | 159.16 | 183.79 | 228.37 |
| Fibonacci | 42.04 | 68.48 | 84.82 | 111.25 | 137.69 | 154.03 | 180.46 |
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): | 39.95 | |
| MACD (12,26,9): | -1.4000 | |
| Directional Movement: | -19.39 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 124.70 | |
| Parabolic SAR (0,02-0,02-0,2): | 126.21 | |
| Elder Ray (13): | -0.73 | |
| Super Trend (3,10): | 128.02 | |
| Zig ZAG (10): | 125.69 | |
| VORTEX (21): | 0.7700 | |
| Stochastique (14,3,5): | 15.59 | |
| TEMA (21): | 125.63 | |
| Williams %R (14): | -97.06 | |
| Chande Momentum Oscillator (20): | -1.13 | |
| Repulse (5,40,3): | -1.6900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1300 | |
| Courbe Coppock: | 4.78 |
| MA7: | 134.71 | |
| MA20: | 146.11 | |
| MA50: | 128.33 | |
| MA100: | 98.39 | |
| MAexp7: | 125.71 | |
| MAexp20: | 126.78 | |
| MAexp50: | 128.87 | |
| MAexp100: | 131.13 | |
| Price / MA7: | -7.00% | |
| Price / MA20: | -14.26% | |
| Price / MA50: | -2.38% | |
| Price / MA100: | +27.33% | |
| Price / MAexp7: | -0.34% | |
| Price / MAexp20: | -1.18% | |
| Price / MAexp50: | -2.79% | |
| Price / MAexp100: | -4.46% |
Quotes :
2021-01-27 12:56:36
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Real time data
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