LITECOIN - LTC/USD - 15 min. - Technical analysis published on 04/10/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
44%
11%
44%
My opinion
Bullish above 222.88 USD
My targets
233.16 USD (+0.19%)
237.34 USD (+1.99%)
My analysis
LITECOIN - LTC/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 222.88 USD. The next resistance located at 233.16 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 237.34 USD. After this resistance, buyers could then target 244.28 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.1
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This analysis was given by teodorassenov69. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
LITECOIN - LTC/USD rating 232.71 USD. The price has increased by +5.32% since the last closing and was traded between 219.29 USD and 233.93 USD over the period. The price is currently at +6.12% from its lowest and -0.52% from its highest.219.29
233.93
232.71
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by LITECOIN - LTC/USD:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of LITECOIN - LTC/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 15 minutes
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal support is broken
Type : Bearish
Timeframe : 15 minutes
Support of triangle is broken
Type : Bearish
Timeframe : 15 minutes
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 217.79 | 221.76 | 228.84 | 232.71 | 237.29 | 244.28 |
| Change (%) | -6.41% | -4.71% | -1.66% | - | +1.97% | +4.97% |
| Change | -14.92 | -10.95 | -3.87 | - | +4.58 | +11.57 |
| Level | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 206.50 | 212.60 | 216.78 | 222.88 | 227.06 | 233.16 | 237.34 |
| Camarilla | 218.13 | 219.08 | 220.02 | 220.96 | 221.90 | 222.85 | 223.79 |
| Woodie | 205.54 | 212.12 | 215.82 | 222.40 | 226.10 | 232.68 | 236.38 |
| Fibonacci | 212.60 | 216.53 | 218.95 | 222.88 | 226.81 | 229.23 | 233.16 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 139.67 | 159.78 | 177.55 | 197.66 | 215.43 | 235.54 | 253.31 |
| Camarilla | 184.89 | 188.37 | 191.84 | 195.31 | 198.78 | 202.26 | 205.73 |
| Woodie | 138.49 | 159.20 | 176.37 | 197.08 | 214.25 | 234.96 | 252.13 |
| Fibonacci | 159.78 | 174.25 | 183.19 | 197.66 | 212.13 | 221.07 | 235.54 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 97.21 | 130.36 | 163.61 | 196.76 | 230.01 | 263.16 | 296.41 |
| Camarilla | 178.59 | 184.68 | 190.76 | 196.85 | 202.94 | 209.02 | 215.11 |
| Woodie | 97.25 | 130.39 | 163.65 | 196.79 | 230.05 | 263.19 | 296.45 |
| Fibonacci | 130.36 | 155.73 | 171.40 | 196.76 | 222.13 | 237.80 | 263.16 |
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): | 67.42 | |
| MACD (12,26,9): | 2.1100 | |
| Directional Movement: | 27.54 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 233.41 | |
| Parabolic SAR (0,02-0,02-0,2): | 233.66 | |
| Elder Ray (13): | 1.35 | |
| Super Trend (3,10): | 228.68 | |
| Zig ZAG (10): | 232.71 | |
| VORTEX (21): | 1.3000 | |
| Stochastique (14,3,5): | 80.01 | |
| TEMA (21): | 234.03 | |
| Williams %R (14): | -33.68 | |
| Chande Momentum Oscillator (20): | 0.68 | |
| Repulse (5,40,3): | -0.5100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1600 | |
| Courbe Coppock: | 4.52 |
| MA7: | 222.60 | |
| MA20: | 201.37 | |
| MA50: | 197.54 | |
| MA100: | 179.16 | |
| MAexp7: | 232.07 | |
| MAexp20: | 230.54 | |
| MAexp50: | 227.61 | |
| MAexp100: | 226.09 | |
| Price / MA7: | +4.54% | |
| Price / MA20: | +15.56% | |
| Price / MA50: | +17.80% | |
| Price / MA100: | +29.89% | |
| Price / MAexp7: | +0.28% | |
| Price / MAexp20: | +0.94% | |
| Price / MAexp50: | +2.24% | |
| Price / MAexp100: | +2.93% |
Quotes :
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Real time data
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