UNUS SED LEO - LEO/USD - 1H - Technical analysis published on 10/27/2024 (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:
Bearish
Underlying:
Slightly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 6.10 USD
My targets
6.00 USD (-0.83%)
5.96 USD (-1.49%)
My analysis
The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade LEO TOKEN - LEO/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 6.10 USD. The next bearish objective for sellers is set at 6.00 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 5.96 USD. In case of crossing, the next objective would be the support located at 5.93 USD. In the event of a bullish break in the resistance located at 6.10 USD a certain indecision would take hold.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
3.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LEO TOKEN - LEO/USD price is 6.05 USD. On the day, this instrument lost -0.17% with the lowest point at 6.04 USD and the highest point at 6.14 USD. The deviation from the price is +0.17% for the low point and -1.47% for the high point.6.04
6.14
6.05
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
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 bearish trend. 60.71% of the signals given by moving averages are bearish. The overall trend remains fragile, reflecting the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.93 | 5.96 | 6.00 | 6.05 | 6.07 | 6.10 | 6.15 |
| Change (%) | -1.98% | -1.49% | -0.83% | - | +0.33% | +0.83% | +1.65% |
| Change | -0.12 | -0.09 | -0.05 | - | +0.02 | +0.05 | +0.10 |
| Level | Minor | Intermediate | Minor | - | Minor | 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 | 5.86 | 5.90 | 5.98 | 6.02 | 6.10 | 6.14 | 6.22 |
| Camarilla | 6.03 | 6.04 | 6.05 | 6.06 | 6.07 | 6.08 | 6.09 |
| Woodie | 5.88 | 5.91 | 6.00 | 6.03 | 6.12 | 6.15 | 6.24 |
| Fibonacci | 5.90 | 5.95 | 5.97 | 6.02 | 6.07 | 6.09 | 6.14 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.57 | 5.71 | 5.88 | 6.02 | 6.19 | 6.33 | 6.50 |
| Camarilla | 5.98 | 6.00 | 6.03 | 6.06 | 6.09 | 6.12 | 6.15 |
| Woodie | 5.60 | 5.72 | 5.91 | 6.03 | 6.22 | 6.34 | 6.53 |
| Fibonacci | 5.71 | 5.83 | 5.90 | 6.02 | 6.14 | 6.21 | 6.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.89 | 5.11 | 5.55 | 5.77 | 6.21 | 6.43 | 6.87 |
| Camarilla | 5.81 | 5.87 | 5.93 | 5.99 | 6.05 | 6.11 | 6.17 |
| Woodie | 5.00 | 5.17 | 5.66 | 5.83 | 6.32 | 6.49 | 6.98 |
| Fibonacci | 5.11 | 5.36 | 5.52 | 5.77 | 6.02 | 6.18 | 6.43 |
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): | 46.15 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -0.50 | |
| AROON (14): | -42.85 | |
| DEMA (21): | 6.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.13 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 6.02 | |
| Zig ZAG (10): | 6.05 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 6.48 | |
| TEMA (21): | 6.07 | |
| Williams %R (14): | -86.41 | |
| Chande Momentum Oscillator (20): | -0.03 | |
| Repulse (5,40,3): | -0.4000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 0.71 |
| MA7: | 6.05 | |
| MA20: | 6.07 | |
| MA50: | 5.88 | |
| MA100: | 5.84 | |
| MAexp7: | 6.06 | |
| MAexp20: | 6.07 | |
| MAexp50: | 6.06 | |
| MAexp100: | 6.06 | |
| Price / MA7: | -0% | |
| Price / MA20: | -0.33% | |
| Price / MA50: | +2.89% | |
| Price / MA100: | +3.60% | |
| Price / MAexp7: | -0.17% | |
| Price / MAexp20: | -0.33% | |
| Price / MAexp50: | -0.17% | |
| Price / MAexp100: | -0.17% |
Quotes :
-
Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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