LISK - LSK/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	LSKUSDT
ISIN:

LISK - LSK/USDT - Weekly - Technical analysis published on 05/11/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

50%

17%

33%

My opinion

Bullish above 1.64 USDT

My targets

2.08 USDT (+11.99%)

2.74 USDT (+47.31%)

My analysis

LISK - LSK/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.64 USDT. The next resistance located at 2.08 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 2.74 USDT. After this resistance, buyers could then target 4.10 USDT. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.1

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 mh572. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The LISK - LSK/USDT rating is 1.86 USDT. The price registered a decrease of -2.76% over 5 days and has been traded over the last 5 days between 1.82 USDT and 2.06 USDT. This implies that the 5 day price is +2.32% from its lowest point and -9.50% from its highest point.

1.82

2.06

1.86

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:

Technical

Technical analysis of LISK - LSK/USDT in Weekly 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 scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a slightly bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

MACD indicator: bearish divergence

Type : Bullish

Timeframe : Weekly

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Weekly

Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of triangle

Type : Bullish

Timeframe : Weekly

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.68	1.30	1.86	2.74	4.10	5.16
Change (%)	-63.44%	-30.11%	-	+47.31%	+120.43%	+177.42%
Change	-1.18	-0.56	-	+0.88	+2.24	+3.30
Level	Minor	Major	-	Major	Minor	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	1.72	1.80	1.85	1.93	1.98	2.06	2.11
Camarilla	1.86	1.88	1.89	1.90	1.91	1.92	1.94
Woodie	1.71	1.79	1.84	1.92	1.97	2.05	2.10
Fibonacci	1.80	1.85	1.88	1.93	1.98	2.01	2.06

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.06	1.30	1.63	1.87	2.20	2.44	2.77
Camarilla	1.80	1.86	1.91	1.96	2.01	2.07	2.12
Woodie	1.11	1.32	1.68	1.89	2.25	2.46	2.82
Fibonacci	1.30	1.52	1.65	1.87	2.09	2.22	2.44

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.20	0.70	1.14	1.64	2.08	2.58	3.02
Camarilla	1.33	1.42	1.50	1.59	1.68	1.76	1.85
Woodie	0.18	0.69	1.12	1.63	2.06	2.57	3.00
Fibonacci	0.70	1.06	1.28	1.64	2.00	2.22	2.58

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):	58.19
MACD (12,26,9):	0.2000
Directional Movement:	17.26
AROON (14):	-35.72
DEMA (21):	1.88
Parabolic SAR (0,02-0,02-0,2):	1.27
Elder Ray (13):	0.22
Super Trend (3,10):	1.10
Zig ZAG (10):	1.85
VORTEX (21):	1.0700
Stochastique (14,3,5):	33.27
TEMA (21):	1.95
Williams %R (14):	-67.65
Chande Momentum Oscillator (20):	0.50
Repulse (5,40,3):	-6.6900
ROCnROLL:	1
TRIX (15,9):	2.4600
Courbe Coppock:	91.83

MA7:	1.92
MA20:	1.81
MA50:	1.82
MA100:	1.73
MAexp7:	1.80
MAexp20:	1.62
MAexp50:	1.36
MAexp100:	1.33
Price / MA7:	-3.13%
Price / MA20:	+2.76%
Price / MA50:	+2.20%
Price / MA100:	+7.51%
Price / MAexp7:	+3.33%
Price / MAexp20:	+14.81%
Price / MAexp50:	+36.76%
Price / MAexp100:	+39.85%

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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