LCX - LCX/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
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Type:	Cryptocurrencies
Ticker:	LCXUSD
ISIN:

LCX - LCX/USD - 1H - Technical analysis published on 05/04/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

28%

My opinion

Bullish above 0.301939 USD

My targets

0.314305 USD (+1.45%)

0.322241 USD (+4.01%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on LCX - LCX/USD as long as the price remains well above 0.301939 USD. The buyers' bullish objective is set at 0.314305 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.322241 USD. If there is any crossing, the next objective would be the resistance located at 0.327653 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The LCX - LCX/USD price is 0.309814 USD. The price registered an increase of +0.00% on the session and was traded between 0.308702 USD and 0.316861 USD over the period. The price is currently at +0.36% from its lowest and -2.22% from its highest.

0.308702

0.316861

0.309814

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of LCX - LCX/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.263593	0.285292	0.301939	0.309814	0.314305	0.322241	0.327653
Change (%)	-14.92%	-7.92%	-2.54%	-	+1.45%	+4.01%	+5.76%
Change	-0.046221	-0.024522	-0.007875	-	+0.004491	+0.012427	+0.017839
Level	Minor	Intermediate	Minor	-	Minor	Intermediate	Major

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	0.259284	0.271185	0.290503	0.302404	0.321722	0.333623	0.352941
Camarilla	0.301236	0.304098	0.306959	0.309821	0.312683	0.315545	0.318406
Woodie	0.262993	0.273039	0.294212	0.304258	0.325431	0.335477	0.356650
Fibonacci	0.271185	0.283111	0.290478	0.302404	0.314330	0.321697	0.333623

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.234457	0.253228	0.284700	0.303471	0.334943	0.353714	0.385186
Camarilla	0.302356	0.306962	0.311567	0.316173	0.320779	0.325384	0.329990
Woodie	0.240809	0.256403	0.291052	0.306646	0.341295	0.356889	0.391538
Fibonacci	0.253228	0.272421	0.284278	0.303471	0.322664	0.334521	0.353714

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.004684	0.106140	0.192484	0.293940	0.380284	0.481740	0.568084
Camarilla	0.227183	0.244398	0.261613	0.278828	0.296043	0.313258	0.330473
Woodie	-0.002872	0.102362	0.184928	0.290162	0.372728	0.477962	0.560528
Fibonacci	0.106140	0.177880	0.222200	0.293940	0.365680	0.410000	0.481740

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):	68.02
MACD (12,26,9):	0.0065
Directional Movement:	23.499033
AROON (14):	92.857143
DEMA (21):	0.311556
Parabolic SAR (0,02-0,02-0,2):	0.304385
Elder Ray (13):	0.005424
Super Trend (3,10):	0.296665
Zig ZAG (10):	0.311705
VORTEX (21):	1.2271
Stochastique (14,3,5):	81.76
TEMA (21):	0.313287
Williams %R (14):	-18.60
Chande Momentum Oscillator (20):	0.008023
Repulse (5,40,3):	0.1678
ROCnROLL:	1
TRIX (15,9):	0.3278
Courbe Coppock:	11.02

MA7:	0.294558
MA20:	0.294799
MA50:	0.304357
MA100:	0.284499
MAexp7:	0.308885
MAexp20:	0.301950
MAexp50:	0.293256
MAexp100:	0.289200
Price / MA7:	+5.18%
Price / MA20:	+5.09%
Price / MA50:	+1.79%
Price / MA100:	+8.90%
Price / MAexp7:	+0.30%
Price / MAexp20:	+2.60%
Price / MAexp50:	+5.65%
Price / MAexp100:	+7.13%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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