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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 04/10/2021 (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
Court terme: Bullish
De fond: Bullish
Technical indicators
44%
33%
22%
My opinion
Bullish above 221.76 USD
My targets
228.84 USD (+1.28%)
237.29 USD (+5.02%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on LITECOIN - LTC/USD as long as the price remains well above 221.76 USD. The buyers” bullish objective is set at 228.84 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 237.29 USD. If there is any crossing, the next objective would be the resistance located at 244.28 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.2

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.

teodorassenov69
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 225.95 USD. The price registered an increase of +2.26% on the session and was between 219.29 USD and 226.23 USD. This implies that the price is at +3.04% from its lowest and at -0.12% from its highest.

219.29
226.23
225.95

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



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

Technical


Technical analysis of LITECOIN - LTC/USD in 1H shows an overall bullish trend. The signals given by moving averages are 64.29% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour


Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



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


S3S2S1PriceR1R2R3
ProTrendLines 211.11 217.79 221.76 225.95 228.84 237.29 244.28
Change (%) -6.57% -3.61% -1.85% - +1.28% +5.02% +8.11%
Change -14.84 -8.16 -4.19 - +2.89 +11.34 +18.33
Level Intermediate Intermediate Intermediate - Major Major Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard206.50212.60216.78222.88227.06233.16237.34
Camarilla218.13219.08220.02220.96221.90222.85223.79
Woodie205.54212.12215.82222.40226.10232.68236.38
Fibonacci212.60216.53218.95222.88226.81229.23233.16


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard139.67159.78177.55197.66215.43235.54253.31
Camarilla184.89188.37191.84195.31198.78202.26205.73
Woodie138.49159.20176.37197.08214.25234.96252.13
Fibonacci159.78174.25183.19197.66212.13221.07235.54


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard97.21130.36163.61196.76230.01263.16296.41
Camarilla178.59184.68190.76196.85202.94209.02215.11
Woodie97.25130.39163.65196.79230.05263.19296.45
Fibonacci130.36155.73171.40196.76222.13237.80263.16

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): 50.26
MACD (12,26,9): -0.7100
Directional Movement: -10.21
AROON (14): -71.43
DEMA (21): 222.52
Parabolic SAR (0,02-0,02-0,2): 225.74
Elder Ray (13): 0.27
Super Trend (3,10): 227.06
Zig ZAG (10): 223.65
VORTEX (21): 0.9700
Stochastique (14,3,5): 41.17
TEMA (21): 221.90
Williams %R (14): -38.12
Chande Momentum Oscillator (20): -0.20
Repulse (5,40,3): 1.2600
ROCnROLL: 1
TRIX (15,9): -0.0300
Courbe Coppock: 2.69
MA7: 221.55
MA20: 200.91
MA50: 197.36
MA100: 179.06
MAexp7: 222.61
MAexp20: 223.33
MAexp50: 223.86
MAexp100: 222.34
Price / MA7: +1.99%
Price / MA20: +12.46%
Price / MA50: +14.49%
Price / MA100: +26.19%
Price / MAexp7: +1.50%
Price / MAexp20: +1.17%
Price / MAexp50: +0.93%
Price / MAexp100: +1.62%

Quotes : - Real time data - Cryptocompare

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

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