LITECOIN - LTC/USDT - 15 min. - Technical analysis published on 05/25/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 82.97 USDT
My targets
87.42 USDT (+2.54%)
90.28 USDT (+5.88%)
My analysis
The strong short-term increase for LITECOIN - LTC/USDT reinforces the current slightly bullish trend. As long as the price remains above 82.97 USDT, you could take advantage of this bullish acceleration. The first bullish objective is located at 87.42 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 90.28 USDT as an objective. Crossing it would then enable buyers to target 94.73 USDT. A return to 82.97 USDT would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.8
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Additional analysis
Quotes
The LITECOIN - LTC/USDT rating is 85.26 USDT. The price is lower by -0.65% since the last closing with the lowest point at 82.66 USDT and the highest point at 86.03 USDT. The deviation from the price is +3.15% for the low point and -0.90% for the high point.82.66
86.03
85.26
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 15 min. chart of LITECOIN - LTC/USDT indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 15 minutes
In fact, 10 technical indicators on 18 studied are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of triangle
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 69.19 | 80.20 | 84.57 | 85.26 | 85.55 | 89.17 | 90.98 |
| Change (%) | -18.85% | -5.93% | -0.81% | - | +0.34% | +4.59% | +6.71% |
| Change | -16.07 | -5.06 | -0.69 | - | +0.29 | +3.91 | +5.72 |
| Level | Major | Intermediate | Major | - | Minor | Minor | Major |
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 | 75.66 | 80.11 | 82.97 | 87.42 | 90.28 | 94.73 | 97.59 |
| Camarilla | 83.81 | 84.48 | 85.15 | 85.82 | 86.49 | 87.16 | 87.83 |
| Woodie | 74.86 | 79.71 | 82.17 | 87.02 | 89.48 | 94.33 | 96.79 |
| Fibonacci | 80.11 | 82.91 | 84.63 | 87.42 | 90.22 | 91.94 | 94.73 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 68.02 | 73.93 | 83.17 | 89.08 | 98.32 | 104.23 | 113.47 |
| Camarilla | 88.25 | 89.64 | 91.03 | 92.42 | 93.81 | 95.20 | 96.59 |
| Woodie | 69.70 | 74.76 | 84.85 | 89.91 | 100.00 | 105.06 | 115.15 |
| Fibonacci | 73.93 | 79.71 | 83.29 | 89.08 | 94.86 | 98.44 | 104.23 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 61.66 | 72.97 | 80.56 | 91.87 | 99.46 | 110.77 | 118.36 |
| Camarilla | 82.95 | 84.69 | 86.42 | 88.15 | 89.88 | 91.62 | 93.35 |
| Woodie | 59.80 | 72.04 | 78.70 | 90.94 | 97.60 | 109.84 | 116.50 |
| Fibonacci | 72.97 | 80.19 | 84.65 | 91.87 | 99.09 | 103.55 | 110.77 |
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): | 52.69 | |
| MACD (12,26,9): | 0.1100 | |
| Directional Movement: | 5.00 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 84.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 85.35 | |
| Elder Ray (13): | 0.09 | |
| Super Trend (3,10): | 84.46 | |
| Zig ZAG (10): | 84.90 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 51.49 | |
| TEMA (21): | 85.03 | |
| Williams %R (14): | -41.96 | |
| Chande Momentum Oscillator (20): | 0.53 | |
| Repulse (5,40,3): | 0.4100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.86 |
| MA7: | 89.98 | |
| MA20: | 86.07 | |
| MA50: | 89.16 | |
| MA100: | 89.17 | |
| MAexp7: | 84.93 | |
| MAexp20: | 84.78 | |
| MAexp50: | 84.76 | |
| MAexp100: | 85.32 | |
| Price / MA7: | -5.25% | |
| Price / MA20: | -0.94% | |
| Price / MA50: | -4.37% | |
| Price / MA100: | -4.38% | |
| Price / MAexp7: | +0.39% | |
| Price / MAexp20: | +0.57% | |
| Price / MAexp50: | +0.59% | |
| Price / MAexp100: | -0.07% |
Quotes :
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Real time data
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Cryptocompare
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