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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 - 15 min. - Technical analysis published on 02/06/2023 (GMT)

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  • 02/06/2023 - 04:28
Londinia
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  • Timeframe : 15 min.
  • - Analysis generated on 02/06/2023 - 04:28
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
39%
33%
28%
My opinion
Bearish under 96.79 USDT
My targets
94.73 USDT (-1.67%)
92.84 USDT (-3.63%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 96.79 USDT remains possible. It is advisable to trade LITECOIN - LTC/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 96.79 USDT. The next bearish objective for sellers is set at 94.73 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 92.84 USDT. In case of crossing, the next objective would be the support located at 90.78 USDT. PS: if there is a bullish break in the resistance located at 96.79 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.4

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.

Hungary22
This analysis was given by Hungary22. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

LITECOIN - LTC/USDT rating 96.34 USDT. The price is lower by -0.29% since the last closing and was between 95.59 USDT and 97.09 USDT. This implies that the price is at +0.78% from its lowest and at -0.77% from its highest.

95.59
97.09
96.34

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



Here is a more detailed summary of the historical variations registered by LITECOIN - LTC/USDT:
Created with Raphaël 2.3.0-22.5022.54567.5January 1st3 years1 year6 months1 month5 daysToday

Technical


Technical analysis of LITECOIN - LTC/USDT in 15 min. shows an overall bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 15 minutes


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 15 minutes



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 15 minutes


Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : 15 minutes


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

Bullish engulfing lines

Type : Bullish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 89.03 90.43 94.41 96.34 97.56 100.69 102.40
Change (%) -7.59% -6.13% -2.00% - +1.27% +4.52% +6.29%
Change -7.31 -5.91 -1.93 - +1.22 +4.35 +6.06
Level Minor Minor Minor - Major Intermediate Intermediate



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
Standard90.7892.8494.7396.7998.68100.74102.63
Camarilla95.5395.9096.2696.6296.9897.3497.71
Woodie90.7092.8094.6596.7598.60100.70102.55
Fibonacci92.8494.3595.2896.7998.3099.23100.74


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard77.5483.2990.8996.64104.24109.99117.59
Camarilla94.8196.0397.2698.4899.70100.93102.15
Woodie78.4683.7591.8197.10105.16110.45118.51
Fibonacci83.2988.3991.5496.64101.74104.89109.99


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard47.6758.3676.2386.92104.79115.48133.35
Camarilla86.2688.8791.4994.1196.7399.35101.96
Woodie51.2760.1679.8388.72108.39117.28136.95
Fibonacci58.3669.2776.0186.9297.83104.57115.48

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Created with Raphaël 2.3.0Buy7
Moving averages
Created with Raphaël 2.3.0Sell21

RSI (14): 45.25
MACD (12,26,9): -0.0900
Directional Movement: -8.51
AROON (14): -57.14
DEMA (21): 96.08
Parabolic SAR (0,02-0,02-0,2): 96.20
Elder Ray (13): -0.18
Super Trend (3,10): 96.70
Zig ZAG (10): 96.05
VORTEX (21): 0.9500
Stochastique (14,3,5): 25.78
TEMA (21): 96.08
Williams %R (14): -64.00
Chande Momentum Oscillator (20): -0.77
Repulse (5,40,3): 0.2600
ROCnROLL: -1
TRIX (15,9): 0.0000
Courbe Coppock: 1.42
MA7: 97.73
MA20: 91.78
MA50: 81.52
MA100: 75.03
MAexp7: 96.09
MAexp20: 96.16
MAexp50: 96.38
MAexp100: 96.95
Price / MA7: -1.42%
Price / MA20: +4.97%
Price / MA50: +18.18%
Price / MA100: +28.40%
Price / MAexp7: +0.26%
Price / MAexp20: +0.19%
Price / MAexp50: -0.04%
Price / MAexp100: -0.63%

Quotes : 02/06/2023 - 04:28 - Real time data - Cryptocompare

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

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Londinia
Londinia AI

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