LISK - LSK/USD - 1H - Technical analysis published on 06/09/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 1.35 USD
My targets
1.28 USD (-3.03%)
1.22 USD (-7.58%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 1.35 USD remains possible. It is advisable to trade LISK - LSK/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 1.35 USD. The next bearish objective for sellers is set at 1.28 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.22 USD. In case of crossing, the next objective would be the support located at 1.12 USD. PS: if there is a bullish break in the resistance located at 1.35 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.9
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Additional analysis
Quotes
The LISK - LSK/USD price is 1.32 USD. The price has increased by +4.76% since the last closing and was between 1.24 USD and 1.32 USD. This implies that the price is at +6.45% from its lowest and at 0% from its highest.1.24
1.32
1.32
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of LISK - LSK/USD in 1H shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. 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, 8 are neutral and 5 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.12 | 1.22 | 1.28 | 1.32 | 1.43 | 1.47 | 1.51 |
Change (%) | -15.15% | -7.58% | -3.03% | - | +8.33% | +11.36% | +14.39% |
Change | -0.20 | -0.10 | -0.04 | - | +0.11 | +0.15 | +0.19 |
Level | Minor | Intermediate | Intermediate | - | Intermediate | 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 | 1.04 | 1.13 | 1.20 | 1.29 | 1.36 | 1.45 | 1.52 |
Camarilla | 1.22 | 1.23 | 1.25 | 1.26 | 1.28 | 1.29 | 1.30 |
Woodie | 1.02 | 1.13 | 1.18 | 1.29 | 1.34 | 1.45 | 1.50 |
Fibonacci | 1.13 | 1.19 | 1.23 | 1.29 | 1.35 | 1.39 | 1.45 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.78 | 1.00 | 1.13 | 1.35 | 1.48 | 1.70 | 1.83 |
Camarilla | 1.16 | 1.20 | 1.23 | 1.26 | 1.29 | 1.32 | 1.36 |
Woodie | 0.74 | 0.98 | 1.09 | 1.33 | 1.44 | 1.68 | 1.79 |
Fibonacci | 1.00 | 1.13 | 1.22 | 1.35 | 1.48 | 1.57 | 1.70 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.50 | 0.95 | 1.22 | 1.67 | 1.94 | 2.39 | 2.66 |
Camarilla | 1.29 | 1.36 | 1.42 | 1.49 | 1.56 | 1.62 | 1.69 |
Woodie | 0.41 | 0.91 | 1.13 | 1.63 | 1.85 | 2.35 | 2.57 |
Fibonacci | 0.95 | 1.23 | 1.40 | 1.67 | 1.95 | 2.12 | 2.39 |
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): | 35.30 | |
MACD (12,26,9): | -0.0200 | |
Directional Movement: | -7.59 | |
AROON (14): | -28.57 | |
DEMA (21): | 1.24 | |
Parabolic SAR (0,02-0,02-0,2): | 1.32 | |
Elder Ray (13): | 0.03 | |
Super Trend (3,10): | 1.45 | |
Zig ZAG (10): | 1.25 | |
VORTEX (21): | 0.9500 | |
Stochastique (14,3,5): | 25.93 | |
TEMA (21): | 1.25 | |
Williams %R (14): | -77.78 | |
Chande Momentum Oscillator (20): | -0.01 | |
Repulse (5,40,3): | -13.7000 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.3200 | |
Courbe Coppock: | 2.93 |
MA7: | 1.39 | |
MA20: | 1.52 | |
MA50: | 1.71 | |
MA100: | 1.80 | |
MAexp7: | 1.26 | |
MAexp20: | 1.28 | |
MAexp50: | 1.33 | |
MAexp100: | 1.38 | |
Price / MA7: | -5.04% | |
Price / MA20: | -13.16% | |
Price / MA50: | -22.81% | |
Price / MA100: | -26.67% | |
Price / MAexp7: | +4.76% | |
Price / MAexp20: | +3.13% | |
Price / MAexp50: | -0.75% | |
Price / MAexp100: | -4.35% |
Quotes :
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Real time data
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About author
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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