LEO TOKEN - LEO/USD - 1H - Technical analysis published on 07/22/2024 (GMT)
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- Timeframe : 1H
- - 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:
Slightly bearish
Technical indicators
83%
0%
17%
My opinion
Bullish above 5.66 USD
My targets
5.81 USD (+1.22%)
5.86 USD (+2.09%)
My analysis
The strong short-term increase in LEO TOKEN - LEO/USD calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 5.66 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 5.81 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 5.86 USD as an objective. Crossing it would then enable buyers to target 5.89 USD. Caution, a return under 5.66 USD could jeopardize the reversal.
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
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Additional analysis
Quotes
LEO TOKEN - LEO/USD rating 5.74 USD. The price has increased by +1.41% since the last closing with the lowest point at 5.66 USD and the highest point at 5.77 USD. The deviation from the price is +1.41% for the low point and -0.52% for the high point.5.66
5.77
5.74
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this LEO TOKEN - LEO/USD chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
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 | 5.56 | 5.66 | 5.72 | 5.74 | 5.76 | 5.81 | 5.86 |
| Change (%) | -3.14% | -1.39% | -0.35% | - | +0.35% | +1.22% | +2.09% |
| Change | -0.18 | -0.08 | -0.02 | - | +0.02 | +0.07 | +0.12 |
| Level | Minor | Major | Minor | - | Major | Intermediate | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 5.50 | 5.58 | 5.62 | 5.70 | 5.74 | 5.82 | 5.86 |
| Camarilla | 5.63 | 5.64 | 5.65 | 5.66 | 5.67 | 5.68 | 5.69 |
| Woodie | 5.48 | 5.57 | 5.60 | 5.69 | 5.72 | 5.81 | 5.84 |
| Fibonacci | 5.58 | 5.63 | 5.65 | 5.70 | 5.75 | 5.77 | 5.82 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.27 | 5.47 | 5.56 | 5.76 | 5.85 | 6.05 | 6.14 |
| Camarilla | 5.58 | 5.61 | 5.63 | 5.66 | 5.69 | 5.71 | 5.74 |
| Woodie | 5.23 | 5.44 | 5.52 | 5.73 | 5.81 | 6.02 | 6.10 |
| Fibonacci | 5.47 | 5.58 | 5.65 | 5.76 | 5.87 | 5.94 | 6.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.78 | 5.06 | 5.48 | 5.76 | 6.18 | 6.46 | 6.88 |
| Camarilla | 5.70 | 5.76 | 5.83 | 5.89 | 5.95 | 6.02 | 6.08 |
| Woodie | 4.84 | 5.10 | 5.54 | 5.80 | 6.24 | 6.50 | 6.94 |
| Fibonacci | 5.06 | 5.33 | 5.50 | 5.76 | 6.03 | 6.20 | 6.46 |
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): | 57.40 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 20.35 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 5.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.66 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 5.66 | |
| Zig ZAG (10): | 5.74 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 75.35 | |
| TEMA (21): | 5.74 | |
| Williams %R (14): | -28.89 | |
| Chande Momentum Oscillator (20): | 0.01 | |
| Repulse (5,40,3): | 0.2000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.27 |
| MA7: | 5.78 | |
| MA20: | 5.80 | |
| MA50: | 5.82 | |
| MA100: | 5.87 | |
| MAexp7: | 5.73 | |
| MAexp20: | 5.71 | |
| MAexp50: | 5.73 | |
| MAexp100: | 5.76 | |
| Price / MA7: | -0.69% | |
| Price / MA20: | -1.03% | |
| Price / MA50: | -1.37% | |
| Price / MA100: | -2.21% | |
| Price / MAexp7: | +0.17% | |
| Price / MAexp20: | +0.53% | |
| Price / MAexp50: | +0.17% | |
| Price / MAexp100: | -0.35% |
Quotes :
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Real time data
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