LITECOIN - LTC/USDT - 15 min. - Technical analysis published on 04/13/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 92.55 USDT
My targets
94.16 USDT (+0.26%)
96.25 USDT (+2.49%)
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 92.55 USDT. The buyers' bullish objective is set at 94.16 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 96.25 USDT. If there is any crossing, the next objective would be the resistance located at 97.86 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
7.5
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This analysis was given by Henry07. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
LITECOIN - LTC/USDT rating 93.91 USDT. On the day, this instrument gained +2.01% and was between 91.71 USDT and 94.17 USDT. This implies that the price is at +2.40% from its lowest and at -0.28% from its highest.91.71
94.17
93.91
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of LITECOIN - LTC/USDT indicates that the overall trend is strongly bullish. 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 scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 91.45 | 92.45 | 93.17 | 93.91 | 95.00 | 96.95 | 97.77 |
| Change (%) | -2.62% | -1.55% | -0.79% | - | +1.16% | +3.24% | +4.11% |
| Change | -2.46 | -1.46 | -0.74 | - | +1.09 | +3.04 | +3.86 |
| Level | Intermediate | Minor | Major | - | Minor | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 86.76 | 88.85 | 90.46 | 92.55 | 94.16 | 96.25 | 97.86 |
| Camarilla | 91.04 | 91.38 | 91.72 | 92.06 | 92.40 | 92.74 | 93.08 |
| Woodie | 86.51 | 88.73 | 90.21 | 92.43 | 93.91 | 96.13 | 97.61 |
| Fibonacci | 88.85 | 90.27 | 91.14 | 92.55 | 93.97 | 94.84 | 96.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 80.68 | 84.90 | 87.40 | 91.62 | 94.12 | 98.34 | 100.84 |
| Camarilla | 88.06 | 88.68 | 89.29 | 89.91 | 90.53 | 91.14 | 91.76 |
| Woodie | 79.83 | 84.47 | 86.55 | 91.19 | 93.27 | 97.91 | 99.99 |
| Fibonacci | 84.90 | 87.46 | 89.05 | 91.62 | 94.18 | 95.77 | 98.34 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.15 | 51.13 | 70.35 | 84.33 | 103.55 | 117.53 | 136.75 |
| Camarilla | 80.44 | 83.48 | 86.53 | 89.57 | 92.61 | 95.66 | 98.70 |
| Woodie | 39.77 | 52.44 | 72.97 | 85.64 | 106.17 | 118.84 | 139.37 |
| Fibonacci | 51.13 | 63.81 | 71.65 | 84.33 | 97.01 | 104.85 | 117.53 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 61.12 | |
| MACD (12,26,9): | 0.3100 | |
| Directional Movement: | 15.93 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 93.86 | |
| Parabolic SAR (0,02-0,02-0,2): | 94.14 | |
| Elder Ray (13): | 0.08 | |
| Super Trend (3,10): | 93.03 | |
| Zig ZAG (10): | 93.81 | |
| VORTEX (21): | 1.2100 | |
| Stochastique (14,3,5): | 61.14 | |
| TEMA (21): | 93.97 | |
| Williams %R (14): | -37.78 | |
| Chande Momentum Oscillator (20): | -0.22 | |
| Repulse (5,40,3): | 0.0400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 1.24 |
| MA7: | 92.14 | |
| MA20: | 91.63 | |
| MA50: | 88.69 | |
| MA100: | 88.04 | |
| MAexp7: | 93.73 | |
| MAexp20: | 93.44 | |
| MAexp50: | 92.94 | |
| MAexp100: | 92.73 | |
| Price / MA7: | +1.92% | |
| Price / MA20: | +2.49% | |
| Price / MA50: | +5.89% | |
| Price / MA100: | +6.67% | |
| Price / MAexp7: | +0.19% | |
| Price / MAexp20: | +0.50% | |
| Price / MAexp50: | +1.04% | |
| Price / MAexp100: | +1.27% |
Quotes :
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Real time data
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