Londinia Opportunities Analyses - 06/08/2023 (GMT) LUKSO - LYXE/USDT - 1H

LUKSO - LYXE/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: LYXEUSDT
ISIN:

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 9.70 USDT
My targets
8.92 USDT (-4.60%)
8.12 USDT (-13.16%)
My analysis
LUKSO - LYXE/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 9.70 USDT. The next support located at 8.92 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 8.12 USDT. Below this support, sellers could then target 7.82 USDT. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

LUKSO - LYXE/USDT rating 9.35 USDT. The price registered an increase of +0.75% on the session with the lowest point at 9.27 USDT and the highest point at 9.35 USDT. The deviation from the price is +0.86% for the low point and 0% for the high point.

9.27
9.35
9.35

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this LUKSO - LYXE/USDT chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1R1PriceR2R3
ProTrendLines 4.57 7.82 8.92 9.35 9.35 9.70 9.92
Change (%) -51.12% -16.36% -4.60% 0% - +3.74% +6.10%
Change -4.78 -1.53 -0.43 0 - +0.35 +0.57
Level Major Major Minor Minor - Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.858.488.889.519.9110.5410.94
Camarilla9.009.099.199.289.379.479.56
Woodie7.748.428.779.459.8010.4810.83
Fibonacci8.488.879.129.519.9010.1510.54


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.128.999.4810.3510.8411.7112.20
Camarilla9.609.729.859.9710.1010.2210.34
Woodie7.938.909.2910.2610.6511.6212.01
Fibonacci8.999.519.8310.3510.8711.1911.71


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.656.298.2311.8713.8117.4519.39
Camarilla8.659.169.6710.1810.6911.2011.72
Woodie1.815.877.3911.4512.9717.0318.55
Fibonacci6.298.429.7411.8714.0015.3217.45

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): 31.67
MACD (12,26,9): -0.1200
Directional Movement: -29.00
AROON (14): -85.71
DEMA (21): 9.47
Parabolic SAR (0,02-0,02-0,2): 9.55
Elder Ray (13): -0.22
Super Trend (3,10): 9.69
Zig ZAG (10): 9.34
VORTEX (21): 0.7600
Stochastique (14,3,5): 24.96
TEMA (21): 9.37
Williams %R (14): -69.82
Chande Momentum Oscillator (20): -0.45
Repulse (5,40,3): -0.6800
ROCnROLL: 2
TRIX (15,9): -0.0900
Courbe Coppock: 8.43
MA7: 9.76
MA20: 10.61
MA50: 12.56
MA100: 11.06
MAexp7: 9.43
MAexp20: 9.60
MAexp50: 9.71
MAexp100: 9.81
Price / MA7: -4.20%
Price / MA20: -11.88%
Price / MA50: -25.56%
Price / MA100: -15.46%
Price / MAexp7: -0.85%
Price / MAexp20: -2.60%
Price / MAexp50: -3.71%
Price / MAexp100: -4.69%

Quotes : - Real time data - Cryptocompare