LITECOIN - LTC/USD - 1H - Technical analysis published on 05/02/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 267.03 USD
My targets
300.11 USD (+10.66%)
309.26 USD (+14.03%)
My analysis
The basic bullish trend is very strong on LITECOIN - LTC/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 267.03 USD. Crossing the first resistance at 300.11 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 309.26 USD as an objective. Caution, a return to below 267.03 USD would be a sign of a consolidation phase in the short-term basic trend. 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.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
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 271.20 USD. The price is lower by -2.04% since the last closing and was traded between 265.23 USD and 277.48 USD over the period. The price is currently at +2.25% from its lowest and -2.26% from its highest.265.23
277.48
271.20
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
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 a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 50
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
On the 18 technical indicators analysed, 5 are bullish, 8 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 237.29 | 248.30 | 267.03 | 271.20 | 309.26 |
| Change (%) | -12.50% | -8.44% | -1.54% | - | +14.03% |
| Change | -33.91 | -22.90 | -4.17 | - | +38.06 |
| Level | Major | Major | Minor | - | 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 | 257.06 | 261.78 | 269.31 | 274.03 | 281.56 | 286.28 | 293.81 |
| Camarilla | 273.47 | 274.59 | 275.72 | 276.84 | 277.96 | 279.09 | 280.21 |
| Woodie | 258.47 | 262.48 | 270.72 | 274.73 | 282.97 | 286.98 | 295.22 |
| Fibonacci | 261.78 | 266.46 | 269.35 | 274.03 | 278.71 | 281.60 | 286.28 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 164.33 | 187.59 | 232.22 | 255.48 | 300.11 | 323.37 | 368.00 |
| Camarilla | 258.17 | 264.39 | 270.62 | 276.84 | 283.06 | 289.29 | 295.51 |
| Woodie | 175.01 | 192.93 | 242.90 | 260.82 | 310.79 | 328.71 | 378.68 |
| Fibonacci | 187.59 | 213.53 | 229.55 | 255.48 | 281.42 | 297.44 | 323.37 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 56.44 | 124.94 | 198.32 | 266.82 | 340.20 | 408.70 | 482.08 |
| Camarilla | 232.68 | 245.69 | 258.69 | 271.70 | 284.71 | 297.71 | 310.72 |
| Woodie | 58.88 | 126.16 | 200.76 | 268.04 | 342.64 | 409.92 | 484.52 |
| Fibonacci | 124.94 | 179.14 | 212.62 | 266.82 | 321.02 | 354.50 | 408.70 |
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): | 47.60 | |
| MACD (12,26,9): | -0.2600 | |
| Directional Movement: | -10.55 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 270.91 | |
| Parabolic SAR (0,02-0,02-0,2): | 274.84 | |
| Elder Ray (13): | -0.28 | |
| Super Trend (3,10): | 276.70 | |
| Zig ZAG (10): | 269.52 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 32.27 | |
| TEMA (21): | 269.40 | |
| Williams %R (14): | -67.01 | |
| Chande Momentum Oscillator (20): | -7.16 | |
| Repulse (5,40,3): | 0.3000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 2.39 |
| MA7: | 262.90 | |
| MA20: | 264.17 | |
| MA50: | 228.99 | |
| MA100: | 203.95 | |
| MAexp7: | 270.02 | |
| MAexp20: | 271.09 | |
| MAexp50: | 269.06 | |
| MAexp100: | 264.38 | |
| Price / MA7: | +3.16% | |
| Price / MA20: | +2.66% | |
| Price / MA50: | +18.43% | |
| Price / MA100: | +32.97% | |
| Price / MAexp7: | +0.44% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | +0.80% | |
| Price / MAexp100: | +2.58% |
Quotes :
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Real time data
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