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:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 237.29 USD
My targets
244.28 USD (+1.22%)
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 237.29 USD. The next resistance located at 244.28 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
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 241.33 USD. The price has increased by +9.22% since the last closing and was between 219.29 USD and 242.93 USD. This implies that the price is at +10.05% from its lowest and at -0.66% from its highest.219.29
242.93
241.33
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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 (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of LITECOIN - LTC/USD indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 1 hour
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : 1 hour
In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
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
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Three white soldiers
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 221.76 | 228.84 | 237.29 | 241.33 | 244.28 |
| Change (%) | -8.11% | -5.18% | -1.67% | - | +1.22% |
| Change | -19.57 | -12.49 | -4.04 | - | +2.95 |
| Level | Intermediate | Major | Major | - | Intermediate |
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 | 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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 64.42 | |
| MACD (12,26,9): | 3.1900 | |
| Directional Movement: | 22.24 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 235.77 | |
| Parabolic SAR (0,02-0,02-0,2): | 232.27 | |
| Elder Ray (13): | 4.90 | |
| Super Trend (3,10): | 227.35 | |
| Zig ZAG (10): | 236.62 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 81.69 | |
| TEMA (21): | 237.81 | |
| Williams %R (14): | -32.79 | |
| Chande Momentum Oscillator (20): | 5.63 | |
| Repulse (5,40,3): | 1.5600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1500 | |
| Courbe Coppock: | 7.78 |
| MA7: | 223.96 | |
| MA20: | 201.70 | |
| MA50: | 197.66 | |
| MA100: | 179.22 | |
| MAexp7: | 235.30 | |
| MAexp20: | 232.05 | |
| MAexp50: | 228.47 | |
| MAexp100: | 225.31 | |
| Price / MA7: | +7.76% | |
| Price / MA20: | +19.65% | |
| Price / MA50: | +22.09% | |
| Price / MA100: | +34.66% | |
| Price / MAexp7: | +2.56% | |
| Price / MAexp20: | +4.00% | |
| Price / MAexp50: | +5.63% | |
| Price / MAexp100: | +7.11% |
Quotes :
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Real time data
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