Londinia Opportunities Analyses - 05/22/2022 (GMT) LOOPRING - LRC/USDT - 1H
Type: | Cryptocurrencies |
Ticker: | LRCUSDT |
ISIN: |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 0.483367 USDT
My targets
0.511067 USDT (+3.58%)
0.532700 USDT (+7.97%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on LOOPRING - LRC/USDT as long as the price remains well above 0.483367 USDT. The buyers' bullish objective is set at 0.511067 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.532700 USDT. If there is any crossing, the next objective would be the resistance located at 0.830000 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8
Analysis too old. There are no more charts available.
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.
Additional analysis
Quotes
The LOOPRING - LRC/USDT price is 0.493400 USDT. The price has increased by +0.55% since the last closing and was traded between 0.484200 USDT and 0.497500 USDT over the period. The price is currently at +1.90% from its lowest and -0.82% from its highest.0.484200
0.497500
0.493400
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this LOOPRING - LRC/USDT chart shows a strongly bullish trend. 92.86% 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 market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, 13 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.178620 | 0.442750 | 0.458936 | 0.493400 | 0.496067 | 0.511067 | 0.532700 |
Change (%) | -63.80% | -10.27% | -6.99% | - | +0.54% | +3.58% | +7.97% |
Change | -0.314780 | -0.050650 | -0.034464 | - | +0.002667 | +0.017667 | +0.039300 |
Level | Major | Intermediate | Intermediate | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.443733 | 0.456567 | 0.473633 | 0.486467 | 0.503533 | 0.516367 | 0.533433 |
Camarilla | 0.482478 | 0.485218 | 0.487959 | 0.490700 | 0.493441 | 0.496182 | 0.498923 |
Woodie | 0.445850 | 0.457625 | 0.475750 | 0.487525 | 0.505650 | 0.517425 | 0.535550 |
Fibonacci | 0.456567 | 0.467989 | 0.475045 | 0.486467 | 0.497889 | 0.504945 | 0.516367 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.379933 | 0.411967 | 0.451333 | 0.483367 | 0.522733 | 0.554767 | 0.594133 |
Camarilla | 0.471065 | 0.477610 | 0.484155 | 0.490700 | 0.497245 | 0.503790 | 0.510335 |
Woodie | 0.383600 | 0.413800 | 0.455000 | 0.485200 | 0.526400 | 0.556600 | 0.597800 |
Fibonacci | 0.411967 | 0.439242 | 0.456092 | 0.483367 | 0.510642 | 0.527492 | 0.554767 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -0.065467 | 0.292067 | 0.486933 | 0.844467 | 1.039333 | 1.396867 | 1.591733 |
Camarilla | 0.529890 | 0.580527 | 0.631163 | 0.681800 | 0.732437 | 0.783073 | 0.833710 |
Woodie | -0.146800 | 0.251400 | 0.405600 | 0.803800 | 0.958000 | 1.356200 | 1.510400 |
Fibonacci | 0.292067 | 0.503084 | 0.633450 | 0.844467 | 1.055484 | 1.185850 | 1.396867 |
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): | 55.13 | |
MACD (12,26,9): | 0.0016 | |
Directional Movement: | -0.342528 | |
AROON (14): | -28.571428 | |
DEMA (21): | 0.492116 | |
Parabolic SAR (0,02-0,02-0,2): | 0.496574 | |
Elder Ray (13): | 0.002854 | |
Super Trend (3,10): | 0.504950 | |
Zig ZAG (10): | 0.492900 | |
VORTEX (21): | 1.1042 | |
Stochastique (14,3,5): | 62.41 | |
TEMA (21): | 0.491828 | |
Williams %R (14): | -31.58 | |
Chande Momentum Oscillator (20): | 0.006200 | |
Repulse (5,40,3): | 0.5973 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0484 | |
Courbe Coppock: | 0.65 |
MA7: | 0.481786 | |
MA20: | 0.556470 | |
MA50: | 0.772270 | |
MA100: | 0.820852 | |
MAexp7: | 0.491236 | |
MAexp20: | 0.489978 | |
MAexp50: | 0.486534 | |
MAexp100: | 0.481833 | |
Price / MA7: | +2.41% | |
Price / MA20: | -11.33% | |
Price / MA50: | -36.11% | |
Price / MA100: | -39.89% | |
Price / MAexp7: | +0.44% | |
Price / MAexp20: | +0.70% | |
Price / MAexp50: | +1.41% | |
Price / MAexp100: | +2.40% |
Quotes :
-
Real time data
-
Cryptocompare