LTO NETWORK - LTO/USDT - Weekly - Technical analysis published on 02/22/2023 (GMT)
- 664
- 0
- Timeframe : Weekly
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
72%
6%
22%
My opinion
Neutral between 0.093060 USDT and 0.144050 USDT
My targets
-
My analysis
The short-term increase on LTO NETWORK - LTO/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 0.144050 USDT. The first support is located at 0.093060 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.
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This analysis was given by domdufour. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LTO NETWORK - LTO/USDT rating is 0.119900 USDT. Over 5 days, this instrument gained +19.54% and has been traded over the last 5 days between 0.102300 USDT and 0.124200 USDT. This implies that the 5 day price is +17.20% from its lowest point and -3.46% from its highest point.0.102300
0.124200
0.119900
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of LTO NETWORK - LTO/USDT in Weekly shows an overall slightly bearish trend. 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:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Weekly
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Weekly
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
White gravestone / inverted hammer
Type : Neutral
Timeframe : Weekly
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.066689 | 0.119900 | 0.144050 | 0.277600 | 0.698000 |
| Change (%) | -44.38% | - | +20.14% | +131.53% | +482.15% |
| Change | -0.053211 | - | +0.024150 | +0.157700 | +0.578100 |
| Level | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.059100 | 0.085100 | 0.104600 | 0.130600 | 0.150100 | 0.176100 | 0.195600 |
| Camarilla | 0.111588 | 0.115758 | 0.119929 | 0.124100 | 0.128271 | 0.132442 | 0.136613 |
| Woodie | 0.055850 | 0.083475 | 0.101350 | 0.128975 | 0.146850 | 0.174475 | 0.192350 |
| Fibonacci | 0.085100 | 0.102481 | 0.113219 | 0.130600 | 0.147981 | 0.158719 | 0.176100 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.065567 | 0.077813 | 0.091107 | 0.103353 | 0.116647 | 0.128893 | 0.142187 |
| Camarilla | 0.097377 | 0.099718 | 0.102059 | 0.104400 | 0.106741 | 0.109082 | 0.111424 |
| Woodie | 0.066090 | 0.078075 | 0.091630 | 0.103615 | 0.117170 | 0.129155 | 0.142710 |
| Fibonacci | 0.077813 | 0.087570 | 0.093597 | 0.103353 | 0.113110 | 0.119137 | 0.128893 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.014120 | 0.040560 | 0.066620 | 0.093060 | 0.119120 | 0.145560 | 0.171620 |
| Camarilla | 0.078243 | 0.083055 | 0.087868 | 0.092680 | 0.097493 | 0.102305 | 0.107118 |
| Woodie | 0.013930 | 0.040465 | 0.066430 | 0.092965 | 0.118930 | 0.145465 | 0.171430 |
| Fibonacci | 0.040560 | 0.060615 | 0.073005 | 0.093060 | 0.113115 | 0.125505 | 0.145560 |
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): | 59.32 | |
| MACD (12,26,9): | -0.0014 | |
| Directional Movement: | 30.237351 | |
| AROON (14): | 57.142857 | |
| DEMA (21): | 0.085358 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.175577 | |
| Elder Ray (13): | 0.036750 | |
| Super Trend (3,10): | 0.135640 | |
| Zig ZAG (10): | 0.118600 | |
| VORTEX (21): | 1.0455 | |
| Stochastique (14,3,5): | 63.24 | |
| TEMA (21): | 0.103874 | |
| Williams %R (14): | -40.27 | |
| Chande Momentum Oscillator (20): | 0.038540 | |
| Repulse (5,40,3): | 2.7604 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -1.1856 | |
| Courbe Coppock: | 41.21 |
| MA7: | 0.110029 | |
| MA20: | 0.102163 | |
| MA50: | 0.090685 | |
| MA100: | 0.081911 | |
| MAexp7: | 0.099469 | |
| MAexp20: | 0.092055 | |
| MAexp50: | 0.120057 | |
| MAexp100: | 0.167709 | |
| Price / MA7: | +8.97% | |
| Price / MA20: | +17.36% | |
| Price / MA50: | +32.22% | |
| Price / MA100: | +46.38% | |
| Price / MAexp7: | +20.54% | |
| Price / MAexp20: | +30.25% | |
| Price / MAexp50: | -0.13% | |
| Price / MAexp100: | -28.51% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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