Londinia Opportunities Analyses - 06/10/2023 (GMT) LISK - LSK/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | LSKUSDT |
| 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 bearish
Underlying:
Strongly bearish
Technical indicators
11%
83%
6%
My opinion
Bearish under 0.754100 USDT
My targets
0.716400 USDT (-3.18%)
0.681600 USDT (-7.88%)
My analysis
LISK - LSK/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 0.754100 USDT. The next support located at 0.716400 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 0.681600 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.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
8.4
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The LISK - LSK/USDT rating is 0.739900 USDT. On the day, this instrument lost -4.53% and was traded between 0.739100 USDT and 0.775100 USDT over the period. The price is currently at +0.11% from its lowest and -4.54% from its highest.0.739100
0.775100
0.739900
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by LISK - LSK/USDT:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this 1H chart of LISK - LSK/USDT indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 15 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.681600 | 0.739900 | 0.754100 | 0.771740 | 0.799236 |
| Change (%) | -7.88% | - | +1.92% | +4.30% | +8.02% |
| Change | -0.058300 | - | +0.014200 | +0.031840 | +0.059336 |
| Level | Major | - | Minor | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.742800 | 0.755600 | 0.765300 | 0.778100 | 0.787800 | 0.800600 | 0.810300 |
| Camarilla | 0.768813 | 0.770875 | 0.772938 | 0.775000 | 0.777063 | 0.779125 | 0.781188 |
| Woodie | 0.741250 | 0.754825 | 0.763750 | 0.777325 | 0.786250 | 0.799825 | 0.808750 |
| Fibonacci | 0.755600 | 0.764195 | 0.769505 | 0.778100 | 0.786695 | 0.792005 | 0.800600 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.745533 | 0.767767 | 0.801433 | 0.823667 | 0.857333 | 0.879567 | 0.913233 |
| Camarilla | 0.819728 | 0.824852 | 0.829976 | 0.835100 | 0.840224 | 0.845348 | 0.850473 |
| Woodie | 0.751250 | 0.770625 | 0.807150 | 0.826525 | 0.863050 | 0.882425 | 0.918950 |
| Fibonacci | 0.767767 | 0.789121 | 0.802313 | 0.823667 | 0.845021 | 0.858213 | 0.879567 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.469500 | 0.626800 | 0.716400 | 0.873700 | 0.963300 | 1.120600 | 1.210200 |
| Camarilla | 0.738103 | 0.760735 | 0.783368 | 0.806000 | 0.828633 | 0.851265 | 0.873898 |
| Woodie | 0.435650 | 0.609875 | 0.682550 | 0.856775 | 0.929450 | 1.103675 | 1.176350 |
| Fibonacci | 0.626800 | 0.721116 | 0.779384 | 0.873700 | 0.968016 | 1.026284 | 1.120600 |
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): | 20.27 | |
| MACD (12,26,9): | -0.0084 | |
| Directional Movement: | -36.526758 | |
| AROON (14): | -100.000000 | |
| DEMA (21): | 0.761237 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.775117 | |
| Elder Ray (13): | -0.023659 | |
| Super Trend (3,10): | 0.761535 | |
| Zig ZAG (10): | 0.744000 | |
| VORTEX (21): | 0.6940 | |
| Stochastique (14,3,5): | 1.54 | |
| TEMA (21): | 0.757538 | |
| Williams %R (14): | -94.88 | |
| Chande Momentum Oscillator (20): | -0.036900 | |
| Repulse (5,40,3): | -3.1998 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0924 | |
| Courbe Coppock: | 5.32 |
| MA7: | 0.788171 | |
| MA20: | 0.810180 | |
| MA50: | 0.874966 | |
| MA100: | 0.970712 | |
| MAexp7: | 0.759725 | |
| MAexp20: | 0.771041 | |
| MAexp50: | 0.782514 | |
| MAexp100: | 0.792938 | |
| Price / MA7: | -6.12% | |
| Price / MA20: | -8.67% | |
| Price / MA50: | -15.44% | |
| Price / MA100: | -23.78% | |
| Price / MAexp7: | -2.61% | |
| Price / MAexp20: | -4.04% | |
| Price / MAexp50: | -5.45% | |
| Price / MAexp100: | -6.69% |
Quotes :
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Real time data
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