LIVEPEER - LPT/USDT - 1H - Technical analysis published on 05/01/2023 (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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 5.54 USDT
My targets
5.38 USDT (-1.65%)
5.01 USDT (-8.46%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on LIVEPEER - LPT/USDT as long as the price remains well below 5.54 USDT. The sellers' bearish objective is set at 5.38 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 5.01 USDT. In case of crossing, the next objective would be the support located at 4.58 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.8
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This analysis was given by cassedre. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
LIVEPEER - LPT/USDT rating 5.47 USDT. On the day, this instrument lost -0.55% and was between 5.38 USDT and 5.56 USDT. This implies that the price is at +1.67% from its lowest and at -1.62% from its highest.5.38
5.56
5.47
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this LIVEPEER - LPT/USDT chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong 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, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 4 are neutral and 9 are bearish. The Central Indicators scanner found this result concerning these indicators:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 4.58 | 5.38 | 5.47 | 5.48 | 5.54 | 5.61 |
| Change (%) | -16.27% | -1.65% | - | +0.18% | +1.28% | +2.56% |
| Change | -0.89 | -0.09 | - | +0.01 | +0.07 | +0.14 |
| Level | Major | Minor | - | Minor | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.21 | 5.35 | 5.42 | 5.56 | 5.63 | 5.77 | 5.84 |
| Camarilla | 5.44 | 5.46 | 5.48 | 5.50 | 5.52 | 5.54 | 5.56 |
| Woodie | 5.19 | 5.33 | 5.40 | 5.54 | 5.61 | 5.75 | 5.82 |
| Fibonacci | 5.35 | 5.43 | 5.48 | 5.56 | 5.64 | 5.69 | 5.77 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.67 | 5.01 | 5.34 | 5.68 | 6.01 | 6.35 | 6.68 |
| Camarilla | 5.50 | 5.56 | 5.62 | 5.68 | 5.74 | 5.80 | 5.86 |
| Woodie | 4.68 | 5.01 | 5.35 | 5.68 | 6.02 | 6.35 | 6.69 |
| Fibonacci | 5.01 | 5.26 | 5.42 | 5.68 | 5.93 | 6.09 | 6.35 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.83 | 4.09 | 4.79 | 6.05 | 6.75 | 8.01 | 8.71 |
| Camarilla | 4.96 | 5.14 | 5.32 | 5.50 | 5.68 | 5.86 | 6.04 |
| Woodie | 2.56 | 3.95 | 4.52 | 5.91 | 6.48 | 7.87 | 8.44 |
| Fibonacci | 4.09 | 4.84 | 5.30 | 6.05 | 6.80 | 7.26 | 8.01 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 40.34 | |
| MACD (12,26,9): | -0.0500 | |
| Directional Movement: | -22.26 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 5.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.55 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 5.58 | |
| Zig ZAG (10): | 5.47 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 30.16 | |
| TEMA (21): | 5.43 | |
| Williams %R (14): | -64.78 | |
| Chande Momentum Oscillator (20): | -0.05 | |
| Repulse (5,40,3): | 0.6100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 5.36 |
| MA7: | 5.61 | |
| MA20: | 5.97 | |
| MA50: | 6.39 | |
| MA100: | 6.95 | |
| MAexp7: | 5.46 | |
| MAexp20: | 5.51 | |
| MAexp50: | 5.57 | |
| MAexp100: | 5.60 | |
| Price / MA7: | -2.50% | |
| Price / MA20: | -8.38% | |
| Price / MA50: | -14.40% | |
| Price / MA100: | -21.29% | |
| Price / MAexp7: | +0.18% | |
| Price / MAexp20: | -0.73% | |
| Price / MAexp50: | -1.80% | |
| Price / MAexp100: | -2.32% |
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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