LITECOIN - LTC/USDT
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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 10/16/2024 (GMT)
- 103
- 0
- 10/16/2024 - 07:46
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- Timeframe : 1H
- - Analysis generated on 10/16/2024 - 07:46
- 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%
22%
28%
My opinion
Bullish above 67.20 USDT
My targets
71.97 USDT (+1.83%)
73.88 USDT (+4.53%)
My analysis
LITECOIN - LTC/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 67.20 USDT. The next resistance located at 71.97 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 73.88 USDT. After this resistance, buyers could then target 78.56 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
7
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This analysis was given by waqassharif. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
LITECOIN - LTC/USDT rating 70.68 USDT. On the day, this instrument lost -0.25% and was between 70.48 USDT and 73.00 USDT. This implies that the price is at +0.28% from its lowest and at -3.18% from its highest.70.48
73.00
70.68
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by LITECOIN - LTC/USDT:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 9 are bullish, 5 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
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 | 64.13 | 65.07 | 67.20 | 70.68 | 71.97 | 73.88 | 78.56 |
| Change (%) | -9.27% | -7.94% | -4.92% | - | +1.83% | +4.53% | +11.15% |
| Change | -6.55 | -5.61 | -3.48 | - | +1.29 | +3.20 | +7.88 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Minor | Intermediate |
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 | 60.25 | 62.81 | 66.84 | 69.40 | 73.43 | 75.99 | 80.02 |
| Camarilla | 69.05 | 69.65 | 70.26 | 70.86 | 71.46 | 72.07 | 72.67 |
| Woodie | 60.98 | 63.18 | 67.57 | 69.77 | 74.16 | 76.36 | 80.75 |
| Fibonacci | 62.81 | 65.33 | 66.89 | 69.40 | 71.92 | 73.48 | 75.99 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 58.95 | 61.11 | 63.65 | 65.81 | 68.35 | 70.51 | 73.05 |
| Camarilla | 64.90 | 65.33 | 65.76 | 66.19 | 66.62 | 67.05 | 67.48 |
| Woodie | 59.14 | 61.21 | 63.84 | 65.91 | 68.54 | 70.61 | 73.24 |
| Fibonacci | 61.11 | 62.91 | 64.02 | 65.81 | 67.61 | 68.72 | 70.51 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.46 | 54.57 | 60.70 | 65.81 | 71.94 | 77.05 | 83.18 |
| Camarilla | 63.75 | 64.78 | 65.81 | 66.84 | 67.87 | 68.90 | 69.93 |
| Woodie | 49.98 | 54.83 | 61.22 | 66.07 | 72.46 | 77.31 | 83.70 |
| Fibonacci | 54.57 | 58.86 | 61.51 | 65.81 | 70.10 | 72.75 | 77.05 |
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): | 57.65 | |
| MACD (12,26,9): | 1.1400 | |
| Directional Movement: | 17.85 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 71.63 | |
| Parabolic SAR (0,02-0,02-0,2): | 67.92 | |
| Elder Ray (13): | 0.20 | |
| Super Trend (3,10): | 68.34 | |
| Zig ZAG (10): | 70.81 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 64.20 | |
| TEMA (21): | 71.99 | |
| Williams %R (14): | -53.81 | |
| Chande Momentum Oscillator (20): | 0.92 | |
| Repulse (5,40,3): | -1.6800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2400 | |
| Courbe Coppock: | 9.69 |
| MA7: | 67.01 | |
| MA20: | 66.47 | |
| MA50: | 65.25 | |
| MA100: | 66.03 | |
| MAexp7: | 71.12 | |
| MAexp20: | 70.13 | |
| MAexp50: | 68.48 | |
| MAexp100: | 67.34 | |
| Price / MA7: | +5.48% | |
| Price / MA20: | +6.33% | |
| Price / MA50: | +8.32% | |
| Price / MA100: | +7.04% | |
| Price / MAexp7: | -0.62% | |
| Price / MAexp20: | +0.78% | |
| Price / MAexp50: | +3.21% | |
| Price / MAexp100: | +4.96% |
Quotes :
10/16/2024 - 07:46
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Real time data
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Cryptocompare
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