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 05/08/2024 (GMT)

  • 129
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bullish
Underlying: Slightly bearish
Technical indicators
67%
11%
22%
My opinion
Neutral between 80.39 USDT and 82.62 USDT
My targets
-
My analysis
The short-term increase on LITECOIN - LTC/USDT remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 82.62 USDT. The first support is located at 80.39 USDT. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

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.

This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The LITECOIN - LTC/USDT price is 81.12 USDT. On the day, this instrument gained +0.35% with the lowest point at 79.34 USDT and the highest point at 81.29 USDT. The deviation from the price is +2.24% for the low point and -0.21% for the high point.

79.34
81.29
81.12

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by LITECOIN - LTC/USDT:

Technical


Technical analysis of this 1H chart of LITECOIN - LTC/USDT indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


Momentum 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

Near support of triangle

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 78.49 79.34 80.39 81.12 82.62 84.53 88.01
Change (%) -3.24% -2.19% -0.90% - +1.85% +4.20% +8.49%
Change -2.63 -1.78 -0.73 - +1.50 +3.41 +6.89
Level Intermediate Minor Intermediate - Intermediate Minor 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
Standard76.7278.2779.5581.1082.3883.9385.21
Camarilla80.0680.3280.5880.8481.1081.3681.62
Woodie76.6078.2079.4381.0382.2683.8685.09
Fibonacci78.2779.3580.0281.1082.1882.8583.93


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard64.7169.6975.6780.6586.6391.6197.59
Camarilla78.6479.6480.6581.6582.6683.6684.66
Woodie65.2169.9476.1780.9087.1391.8698.09
Fibonacci69.6973.8876.4680.6584.8487.4291.61


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard20.3245.4562.4787.60104.62129.75146.77
Camarilla67.9071.7675.6379.4983.3587.2291.08
Woodie16.2743.4258.4285.57100.57127.72142.72
Fibonacci45.4561.5571.5087.60103.70113.65129.75

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): 48.89
MACD (12,26,9): -0.2700
Directional Movement: -2.93
AROON (14): -28.57
DEMA (21): 80.39
Parabolic SAR (0,02-0,02-0,2): 79.42
Elder Ray (13): 0.39
Super Trend (3,10): 81.82
Zig ZAG (10): 81.24
VORTEX (21): 0.9100
Stochastique (14,3,5): 71.32
TEMA (21): 80.28
Williams %R (14): -5.48
Chande Momentum Oscillator (20): 0.27
Repulse (5,40,3): 1.0400
ROCnROLL: 1
TRIX (15,9): -0.0500
Courbe Coppock: 2.58
MA7: 81.04
MA20: 82.69
MA50: 88.71
MA100: 83.08
MAexp7: 80.53
MAexp20: 80.65
MAexp50: 80.97
MAexp100: 81.14
Price / MA7: +0.10%
Price / MA20: -1.90%
Price / MA50: -8.56%
Price / MA100: -2.36%
Price / MAexp7: +0.73%
Price / MAexp20: +0.58%
Price / MAexp50: +0.19%
Price / MAexp100: -0.02%

Quotes : - Real time data - Cryptocompare

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

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