LEO TOKEN - LEO/USD - 1H - Technical analysis published on 08/31/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 5.82 USD
My targets
5.94 USD (+1.02%)
6.21 USD (+5.61%)
My analysis
The basic trend is currently slightly bullish on LEO TOKEN - LEO/USD and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 5.82 USD, purchases could be favourable. The first bullish objective would be the resistance located at 5.94 USD. Then the price could move towards 6.21 USD. Then 7.58 USD by extension. A return under the support to 5.82 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
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 LEO TOKEN - LEO/USD price is 5.88 USD. The price is lower by -0.17% since the last closing with the lowest point at 5.86 USD and the highest point at 5.89 USD. The deviation from the price is +0.34% for the low point and -0.17% for the high point.5.86
5.89
5.88
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this LEO TOKEN - LEO/USD chart shows a slightly bullish trend. 46.43% of the signals given by moving averages are bullish. The slightly bullish signals given by short-term moving averages do not show a strengthening of this global trend. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 5.79 | 5.82 | 5.86 | 5.88 | 5.90 | 5.94 | 7.58 |
Change (%) | -1.53% | -1.02% | -0.34% | - | +0.34% | +1.02% | +28.91% |
Change | -0.09 | -0.06 | -0.02 | - | +0.02 | +0.06 | +1.70 |
Level | Minor | Minor | Major | - | Intermediate | Major | 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 | 5.69 | 5.73 | 5.81 | 5.85 | 5.93 | 5.97 | 6.05 |
Camarilla | 5.86 | 5.87 | 5.88 | 5.89 | 5.90 | 5.91 | 5.92 |
Woodie | 5.71 | 5.74 | 5.83 | 5.86 | 5.95 | 5.98 | 6.07 |
Fibonacci | 5.73 | 5.78 | 5.80 | 5.85 | 5.90 | 5.92 | 5.97 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 5.46 | 5.55 | 5.71 | 5.80 | 5.96 | 6.05 | 6.21 |
Camarilla | 5.80 | 5.82 | 5.85 | 5.87 | 5.89 | 5.92 | 5.94 |
Woodie | 5.50 | 5.57 | 5.75 | 5.82 | 6.00 | 6.07 | 6.25 |
Fibonacci | 5.55 | 5.65 | 5.71 | 5.80 | 5.90 | 5.96 | 6.05 |
Monthly
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 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 51.18 | |
MACD (12,26,9): | 0.0000 | |
Directional Movement: | -6.62 | |
AROON (14): | 0 | |
DEMA (21): | 5.87 | |
Parabolic SAR (0,02-0,02-0,2): | 5.85 | |
Elder Ray (13): | 0 | |
Super Trend (3,10): | 5.94 | |
Zig ZAG (10): | 5.88 | |
VORTEX (21): | 1.0300 | |
Stochastique (14,3,5): | 34.39 | |
TEMA (21): | 5.87 | |
Williams %R (14): | -46.35 | |
Chande Momentum Oscillator (20): | 0.02 | |
Repulse (5,40,3): | 0.1700 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0000 | |
Courbe Coppock: | 0.03 |
MA7: | 5.88 | |
MA20: | 5.87 | |
MA50: | 5.83 | |
MA100: | 5.84 | |
MAexp7: | 5.87 | |
MAexp20: | 5.87 | |
MAexp50: | 5.87 | |
MAexp100: | 5.87 | |
Price / MA7: | -0% | |
Price / MA20: | +0.17% | |
Price / MA50: | +0.86% | |
Price / MA100: | +0.68% | |
Price / MAexp7: | +0.17% | |
Price / MAexp20: | +0.17% | |
Price / MAexp50: | +0.17% | |
Price / MAexp100: | +0.17% |
Quotes :
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Real time data
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About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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