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LITECOIN - LTC/USDT
LITECOIN - LTC/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: LTCUSDT
ISIN:

LITECOIN - LTC/USDT - 1H - Technical analysis published on 03/29/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 184.65 USDT
My targets
192.33 USDT (+0.68%)
198.75 USDT (+4.04%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on LITECOIN - LTC/USDT as long as the price remains well above 184.65 USDT. The buyers” bullish objective is set at 192.33 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 198.75 USDT. If there is any crossing, the next objective would be the resistance located at 206.05 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.6

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.

boppip
This analysis was given by boppip. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The LITECOIN - LTC/USDT rating is 191.03 USDT. The price has increased by +3.70% since the last closing with the lowest point at 182.46 USDT and the highest point at 191.79 USDT. The deviation from the price is +4.70% for the low point and -0.40% for the high point.

182.46
191.79
191.03

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


A technical analysis in 1H of this LITECOIN - LTC/USDT chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour



In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

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 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

White morning star

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 171.46 177.18 181.37 191.03 192.33 198.75 206.05
Change (%) -10.24% -7.25% -5.06% - +0.68% +4.04% +7.86%
Change -19.57 -13.85 -9.66 - +1.30 +7.72 +15.02
Level Minor Major Major - Minor Intermediate Minor



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
Standard173.39176.74180.48183.83187.57190.92194.66
Camarilla182.26182.91183.56184.21184.86185.51186.16
Woodie173.58176.84180.67183.93187.76191.02194.85
Fibonacci176.74179.45181.13183.83186.54188.22190.92


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard134.02151.09167.58184.65201.14218.21234.70
Camarilla174.84177.92180.99184.07187.15190.22193.30
Woodie133.73150.95167.29184.51200.85218.07234.41
Fibonacci151.09163.91171.83184.65197.47205.39218.21


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard27.5187.71126.41186.61225.31285.51324.21
Camarilla137.91146.98156.04165.11174.18183.24192.31
Woodie16.7682.34115.66181.24214.56280.14313.46
Fibonacci87.71125.49148.83186.61224.39247.73285.51

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): 70.35
MACD (12,26,9): 0.7900
Directional Movement: 24.51
AROON (14): 50.00
DEMA (21): 185.56
Parabolic SAR (0,02-0,02-0,2): 180.27
Elder Ray (13): 4.59
Super Trend (3,10): 183.04
Zig ZAG (10): 190.92
VORTEX (21): 1.0500
Stochastique (14,3,5): 82.53
TEMA (21): 185.88
Williams %R (14): -6.42
Chande Momentum Oscillator (20): 7.46
Repulse (5,40,3): 4.0800
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 1.15
MA7: 182.35
MA20: 196.40
MA50: 195.48
MA100: 167.79
MAexp7: 187.29
MAexp20: 184.74
MAexp50: 183.58
MAexp100: 183.52
Price / MA7: +4.76%
Price / MA20: -2.73%
Price / MA50: -2.28%
Price / MA100: +13.85%
Price / MAexp7: +2.00%
Price / MAexp20: +3.40%
Price / MAexp50: +4.06%
Price / MAexp100: +4.09%

Quotes : 2021-03-29 04:15:05 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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