LISK - LSK/USD - 1H - Technical analysis published on 12/08/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.790000 USD
My targets
0.822727 USD (+1.57%)
0.850000 USD (+4.94%)
My analysis
The strong short-term increase in LISK - LSK/USD calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 0.790000 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 0.822727 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.850000 USD as an objective. Crossing it would then enable buyers to target 0.900000 USD. Caution, a return under 0.790000 USD could jeopardize the reversal.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
LISK - LSK/USD rating 0.810000 USD. The price registered an increase of +5.20% on the session with the lowest point at 0.770000 USD and the highest point at 0.810000 USD. The deviation from the price is +5.19% for the low point and 0% for the high point.0.770000
0.810000
0.810000
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this LISK - LSK/USD chart shows a slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.750000 | 0.790000 | 0.810000 | 0.810000 | 0.822727 | 0.850000 | 0.900000 |
| Change (%) | -7.41% | -2.47% | 0% | - | +1.57% | +4.94% | +11.11% |
| Change | -0.060000 | -0.020000 | 0 | - | +0.012727 | +0.040000 | +0.090000 |
| Level | Minor | Minor | Intermediate | - | Major | Major | 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 | 0.676667 | 0.723333 | 0.746667 | 0.793333 | 0.816667 | 0.863333 | 0.886667 |
| Camarilla | 0.750750 | 0.757167 | 0.763583 | 0.770000 | 0.776417 | 0.782833 | 0.789250 |
| Woodie | 0.665000 | 0.717500 | 0.735000 | 0.787500 | 0.805000 | 0.857500 | 0.875000 |
| Fibonacci | 0.723333 | 0.750073 | 0.766593 | 0.793333 | 0.820073 | 0.836593 | 0.863333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.666667 | 0.713333 | 0.786667 | 0.833333 | 0.906667 | 0.953333 | 1.026667 |
| Camarilla | 0.827000 | 0.838000 | 0.849000 | 0.860000 | 0.871000 | 0.882000 | 0.893000 |
| Woodie | 0.680000 | 0.720000 | 0.800000 | 0.840000 | 0.920000 | 0.960000 | 1.040000 |
| Fibonacci | 0.713333 | 0.759173 | 0.787493 | 0.833333 | 0.879173 | 0.907493 | 0.953333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.206667 | 0.433333 | 0.636667 | 0.863333 | 1.066667 | 1.293333 | 1.496667 |
| Camarilla | 0.721750 | 0.761167 | 0.800583 | 0.840000 | 0.879417 | 0.918833 | 0.958250 |
| Woodie | 0.195000 | 0.427500 | 0.625000 | 0.857500 | 1.055000 | 1.287500 | 1.485000 |
| Fibonacci | 0.433333 | 0.597593 | 0.699073 | 0.863333 | 1.027593 | 1.129073 | 1.293333 |
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): | 55.79 | |
| MACD (12,26,9): | 0.0032 | |
| Directional Movement: | 8.894874 | |
| AROON (14): | 57.142857 | |
| DEMA (21): | 0.796507 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.776026 | |
| Elder Ray (13): | 0.002263 | |
| Super Trend (3,10): | 0.832884 | |
| Zig ZAG (10): | 0.810000 | |
| VORTEX (21): | 1.0435 | |
| Stochastique (14,3,5): | 100.00 | |
| TEMA (21): | 0.806767 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.020000 | |
| Repulse (5,40,3): | 3.5201 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0370 | |
| Courbe Coppock: | 5.96 |
| MA7: | 0.830000 | |
| MA20: | 0.808000 | |
| MA50: | 0.833600 | |
| MA100: | 0.872200 | |
| MAexp7: | 0.803617 | |
| MAexp20: | 0.795127 | |
| MAexp50: | 0.802882 | |
| MAexp100: | 0.816967 | |
| Price / MA7: | -2.41% | |
| Price / MA20: | +0.25% | |
| Price / MA50: | -2.83% | |
| Price / MA100: | -7.13% | |
| Price / MAexp7: | +0.79% | |
| Price / MAexp20: | +1.87% | |
| Price / MAexp50: | +0.89% | |
| Price / MAexp100: | -0.85% |
Quotes :
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Real time data
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About author
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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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