LIVEPEER - LPT/USD - 1H - Technical analysis published on 06/29/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
50%
11%
39%
My opinion
Bearish under 4.21 USD
My targets
4.10 USD (-1.44%)
3.97 USD (-4.57%)
My analysis
LIVEPEER - LPT/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 4.21 USD. The next support located at 4.10 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 3.97 USD. Below this support, sellers could then target 3.88 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
4.8
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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 LIVEPEER - LPT/USD price is 4.16 USD. The price is lower by -0.24% since the last closing with the lowest point at 4.12 USD and the highest point at 4.18 USD. The deviation from the price is +0.97% for the low point and -0.48% for the high point.4.12
4.18
4.16
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
Here is a more detailed summary of the historical variations registered by LIVEPEER - LPT/USD:
Technical
Technical analysis of this 1H chart of LIVEPEER - LPT/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, only 9 technical indicators out of 18 studied are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.88 | 3.97 | 4.10 | 4.16 | 4.16 | 4.21 | 4.35 |
| Change (%) | -6.73% | -4.57% | -1.44% | 0% | - | +1.20% | +4.57% |
| Change | -0.28 | -0.19 | -0.06 | 0 | - | +0.05 | +0.19 |
| Level | Intermediate | Minor | Minor | Major | - | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.67 | 3.88 | 4.03 | 4.24 | 4.39 | 4.60 | 4.75 |
| Camarilla | 4.07 | 4.10 | 4.14 | 4.17 | 4.20 | 4.24 | 4.27 |
| Woodie | 3.63 | 3.87 | 3.99 | 4.23 | 4.35 | 4.59 | 4.71 |
| Fibonacci | 3.88 | 4.02 | 4.11 | 4.24 | 4.38 | 4.47 | 4.60 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.26 | 3.56 | 3.93 | 4.23 | 4.60 | 4.90 | 5.27 |
| Camarilla | 4.13 | 4.19 | 4.25 | 4.31 | 4.37 | 4.43 | 4.49 |
| Woodie | 3.31 | 3.58 | 3.98 | 4.25 | 4.65 | 4.92 | 5.32 |
| Fibonacci | 3.56 | 3.81 | 3.97 | 4.23 | 4.48 | 4.64 | 4.90 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.46 | 3.92 | 4.45 | 4.91 | 5.44 | 5.90 | 6.43 |
| Camarilla | 4.70 | 4.79 | 4.88 | 4.97 | 5.06 | 5.15 | 5.24 |
| Woodie | 3.49 | 3.94 | 4.48 | 4.93 | 5.47 | 5.92 | 6.46 |
| Fibonacci | 3.92 | 4.30 | 4.54 | 4.91 | 5.29 | 5.53 | 5.90 |
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): | 41.29 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | -15.32 | |
| AROON (14): | 0 | |
| DEMA (21): | 4.12 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.10 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 4.23 | |
| Zig ZAG (10): | 4.16 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 47.33 | |
| TEMA (21): | 4.12 | |
| Williams %R (14): | -35.48 | |
| Chande Momentum Oscillator (20): | 0.00 | |
| Repulse (5,40,3): | 0.7300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1600 | |
| Courbe Coppock: | 3.08 |
| MA7: | 4.30 | |
| MA20: | 4.08 | |
| MA50: | 4.58 | |
| MA100: | 5.40 | |
| MAexp7: | 4.15 | |
| MAexp20: | 4.18 | |
| MAexp50: | 4.25 | |
| MAexp100: | 4.28 | |
| Price / MA7: | -3.26% | |
| Price / MA20: | +1.96% | |
| Price / MA50: | -9.17% | |
| Price / MA100: | -22.96% | |
| Price / MAexp7: | +0.24% | |
| Price / MAexp20: | -0.48% | |
| Price / MAexp50: | -2.12% | |
| Price / MAexp100: | -2.80% |
Quotes :
-
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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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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