LITECOIN - LTC/USD - 1H - Technical analysis published on 03/02/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 126.64 USD
My targets
121.38 USD (-1.15%)
114.06 USD (-7.11%)
My analysis
In the short term, we can see an acceleration in the bearish trend on LITECOIN - LTC/USD, which is a positive signal for sellers. As long as the price remains above 126.64 USD, a sale could be considered. The first bearish objective is located at 121.38 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 114.06 USD as an objective. Crossing it would then enable sellers to target 110.55 USD. If the price were to return above 126.64 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
5.7
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This analysis was given by majesticleveli. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LITECOIN - LTC/USD price is 122.79 USD. The price is lower by -1.19% since the last closing and was between 122.11 USD and 124.72 USD. This implies that the price is at +0.56% from its lowest and at -1.55% from its highest.122.11
124.72
122.79
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of LITECOIN - LTC/USD indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 110.55 | 114.06 | 121.38 | 122.79 | 126.64 | 130.14 | 141.22 |
| Change (%) | -9.97% | -7.11% | -1.15% | - | +3.14% | +5.99% | +15.01% |
| Change | -12.24 | -8.73 | -1.41 | - | +3.85 | +7.35 | +18.43 |
| Level | Major | Minor | Intermediate | - | Intermediate | Intermediate | Major |
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 | 113.46 | 118.22 | 121.25 | 126.01 | 129.04 | 133.80 | 136.83 |
| Camarilla | 122.13 | 122.84 | 123.56 | 124.27 | 124.98 | 125.70 | 126.41 |
| Woodie | 112.59 | 117.79 | 120.38 | 125.58 | 128.17 | 133.37 | 135.96 |
| Fibonacci | 118.22 | 121.20 | 123.04 | 126.01 | 128.99 | 130.83 | 133.80 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 84.24 | 95.28 | 109.78 | 120.82 | 135.32 | 146.36 | 160.86 |
| Camarilla | 117.25 | 119.59 | 121.93 | 124.27 | 126.61 | 128.95 | 131.29 |
| Woodie | 85.96 | 96.15 | 111.50 | 121.69 | 137.04 | 147.23 | 162.58 |
| Fibonacci | 95.28 | 105.04 | 111.07 | 120.82 | 130.58 | 136.61 | 146.36 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.25 | 57.78 | 92.90 | 116.43 | 151.55 | 175.08 | 210.20 |
| Camarilla | 111.88 | 117.26 | 122.63 | 128.01 | 133.39 | 138.76 | 144.14 |
| Woodie | 40.04 | 60.68 | 98.69 | 119.33 | 157.34 | 177.98 | 215.99 |
| Fibonacci | 57.78 | 80.19 | 94.03 | 116.43 | 138.84 | 152.68 | 175.08 |
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): | 38.05 | |
| MACD (12,26,9): | -0.7500 | |
| Directional Movement: | -8.56 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 123.38 | |
| Parabolic SAR (0,02-0,02-0,2): | 125.78 | |
| Elder Ray (13): | -1.33 | |
| Super Trend (3,10): | 126.03 | |
| Zig ZAG (10): | 122.33 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 5.51 | |
| TEMA (21): | 122.58 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -2.34 | |
| Repulse (5,40,3): | -1.1300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 3.13 |
| MA7: | 122.15 | |
| MA20: | 125.47 | |
| MA50: | 118.71 | |
| MA100: | 114.58 | |
| MAexp7: | 123.08 | |
| MAexp20: | 124.21 | |
| MAexp50: | 124.59 | |
| MAexp100: | 124.34 | |
| Price / MA7: | +0.52% | |
| Price / MA20: | -2.14% | |
| Price / MA50: | +3.44% | |
| Price / MA100: | +7.17% | |
| Price / MAexp7: | -0.24% | |
| Price / MAexp20: | -1.14% | |
| Price / MAexp50: | -1.44% | |
| Price / MAexp100: | -1.25% |
Quotes :
-
Real time data
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CoinMarketCap
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