LISK - LSK/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	LSKUSD
ISIN:

LISK - LSK/USD - 1H - Technical analysis published on 05/03/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 1.80 USD

My targets

1.93 USD (+2.66%)

2.03 USD (+7.98%)

My analysis

The bullish trend is currently very strong on LISK - LSK/USD. As long as the price remains above the support at 1.80 USD, you could try to benefit from the boom. The first bullish objective is located at 1.93 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.03 USD as an objective. Crossing it would then enable buyers to target 2.14 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

8.6

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 LISK - LSK/USD price is 1.88 USD. The price registered an increase of +6.22% on the session and was between 1.77 USD and 1.90 USD. This implies that the price is at +6.21% from its lowest and at -1.05% from its highest.

1.77

1.90

1.88

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by LISK - LSK/USD:

Technical

A technical analysis in 1H of this LISK - LSK/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.58	1.77	1.87	1.88	1.93	2.03	2.14
Change (%)	-15.96%	-5.85%	-0.53%	-	+2.66%	+7.98%	+13.83%
Change	-0.30	-0.11	-0.01	-	+0.05	+0.15	+0.26
Level	Intermediate	Major	Intermediate	-	Minor	Intermediate	Intermediate

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	1.45	1.56	1.66	1.77	1.87	1.98	2.08
Camarilla	1.71	1.73	1.75	1.77	1.79	1.81	1.83
Woodie	1.46	1.56	1.67	1.77	1.88	1.98	2.09
Fibonacci	1.56	1.64	1.69	1.77	1.85	1.90	1.98

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.93	1.26	1.47	1.80	2.01	2.34	2.55
Camarilla	1.52	1.57	1.62	1.67	1.72	1.77	1.82
Woodie	0.86	1.23	1.40	1.77	1.94	2.31	2.48
Fibonacci	1.26	1.47	1.60	1.80	2.01	2.14	2.34

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.17	0.67	1.13	1.63	2.09	2.59	3.05
Camarilla	1.32	1.40	1.49	1.58	1.67	1.76	1.84
Woodie	0.14	0.66	1.10	1.62	2.06	2.58	3.02
Fibonacci	0.67	1.04	1.27	1.63	2.00	2.23	2.59

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):	60.97
MACD (12,26,9):	0.0300
Directional Movement:	18.38
AROON (14):	7.15
DEMA (21):	1.87
Parabolic SAR (0,02-0,02-0,2):	1.77
Elder Ray (13):	0.04
Super Trend (3,10):	1.74
Zig ZAG (10):	1.88
VORTEX (21):	1.0200
Stochastique (14,3,5):	76.92
TEMA (21):	1.86
Williams %R (14):	-15.38
Chande Momentum Oscillator (20):	0.04
Repulse (5,40,3):	1.4900
ROCnROLL:	1
TRIX (15,9):	0.2100
Courbe Coppock:	4.17

MA7:	1.70
MA20:	1.69
MA50:	1.80
MA100:	1.68
MAexp7:	1.86
MAexp20:	1.83
MAexp50:	1.78
MAexp100:	1.74
Price / MA7:	+10.59%
Price / MA20:	+11.24%
Price / MA50:	+4.44%
Price / MA100:	+11.90%
Price / MAexp7:	+1.08%
Price / MAexp20:	+2.73%
Price / MAexp50:	+5.62%
Price / MAexp100:	+8.05%

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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