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 - 1H - Technical analysis published on 03/04/2021 (GMT)

  • 121
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
22%
39%
39%
My opinion
Bullish above 177.86 USD
My targets
188.27 USD (+1.16%)
196.48 USD (+5.57%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on LITECOIN - LTC/USD. As long as you are above the support located at 177.86 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 188.27 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 196.48 USD as an objective. Crossing it would then enable buyers to target 205.00 USD. If the support 177.86 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2

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:
15 min. Daily Weekly

Additional analysis

Quotes

The LITECOIN - LTC/USD rating is 186.11 USD. The price is lower by -1.18% since the last closing and was between 182.41 USD and 194.34 USD. This implies that the price is at +2.03% from its lowest and at -4.23% from its highest.

182.41
194.34
186.11

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of this 1H chart of LITECOIN - LTC/USD indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 7 are neutral and 7 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

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.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 163.05 170.50 177.86 186.11 186.57 196.48 205.00
Change (%) -12.39% -8.39% -4.43% - +0.25% +5.57% +10.15%
Change -23.06 -15.61 -8.25 - +0.46 +10.37 +18.89
Level Intermediate Intermediate Major - Minor Intermediate Minor



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
Standard158.74167.93178.13187.32197.52206.71216.91
Camarilla183.01184.79186.56188.34190.12191.90193.67
Woodie159.26168.18178.65187.57198.04206.96217.43
Fibonacci167.93175.33179.91187.32194.72199.30206.71


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard68.62113.94142.95188.27217.28262.60291.61
Camarilla151.51158.32165.14171.95178.76185.58192.39
Woodie60.46109.86134.79184.19209.12258.52283.45
Fibonacci113.94142.34159.88188.27216.67234.21262.60


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-8.7958.71112.05179.55232.89300.39353.73
Camarilla132.16143.24154.31165.39176.47187.54198.62
Woodie-15.8755.17104.97176.01225.81296.85346.65
Fibonacci58.71104.87133.39179.55225.71254.23300.39

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 47.14
MACD (12,26,9): -0.6000
Directional Movement: -2.21
AROON (14): -50.00
DEMA (21): 186.54
Parabolic SAR (0,02-0,02-0,2): 189.68
Elder Ray (13): -0.81
Super Trend (3,10): 195.62
Zig ZAG (10): 185.65
VORTEX (21): 0.9100
Stochastique (14,3,5): 22.88
TEMA (21): 184.38
Williams %R (14): -80.22
Chande Momentum Oscillator (20): -6.83
Repulse (5,40,3): -0.1700
ROCnROLL: -1
TRIX (15,9): -0.0200
Courbe Coppock: 4.10
MA7: 176.59
MA20: 199.82
MA50: 169.14
MA100: 140.24
MAexp7: 185.83
MAexp20: 187.17
MAexp50: 185.35
MAexp100: 181.89
Price / MA7: +5.39%
Price / MA20: -6.86%
Price / MA50: +10.03%
Price / MA100: +32.71%
Price / MAexp7: +0.15%
Price / MAexp20: -0.57%
Price / MAexp50: +0.41%
Price / MAexp100: +2.32%

Quotes : 2021-03-04 14:27:25 - Real time data - Cryptocompare

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

About author

Online

Overall rating :
15111
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis LITECOIN - LTC/USD - 1H