IOTA - MIOTA/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
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Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	MIOTAUSD
ISIN:

IOTA - MIOTA/USD - 1H - Technical analysis published on 02/25/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

83%

17%

My opinion

Bullish above 0.269782 USD

My targets

0.280989 USD (+2.80%)

0.293668 USD (+7.44%)

My analysis

A bullish trend on IOTA - MIOTA/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 0.269782 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.280989 USD. Then the price could move towards 0.293668 USD. Then 0.329419 USD by extension. Be careful, a return below 0.269782 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

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

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

IOTA - MIOTA/USD rating 0.273324 USD. The price registered a decrease of -0.01% on the session and was between 0.267370 USD and 0.274856 USD. This implies that the price is at +2.23% from its lowest and at -0.56% from its highest.

0.267370

0.274856

0.273324

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of IOTA - MIOTA/USD in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

In fact, 15 technical indicators on 18 studied are currently bullish. 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

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near support of channel

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.257500	0.263474	0.269782	0.273324	0.280989	0.293668	0.329419
Change (%)	-5.79%	-3.60%	-1.30%	-	+2.80%	+7.44%	+20.52%
Change	-0.015824	-0.009850	-0.003542	-	+0.007665	+0.020344	+0.056095
Level	Minor	Major	Intermediate	-	Intermediate	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	0.249731	0.255190	0.264271	0.269730	0.278811	0.284270	0.293351
Camarilla	0.269353	0.270685	0.272018	0.273351	0.274684	0.276017	0.277350
Woodie	0.251541	0.256096	0.266081	0.270636	0.280621	0.285176	0.295161
Fibonacci	0.255190	0.260745	0.264176	0.269730	0.275285	0.278716	0.284270

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.220254	0.238877	0.256114	0.274737	0.291974	0.310597	0.327834
Camarilla	0.263490	0.266777	0.270064	0.273351	0.276638	0.279925	0.283213
Woodie	0.219561	0.238531	0.255421	0.274391	0.291281	0.310251	0.327141
Fibonacci	0.238877	0.252576	0.261039	0.274737	0.288436	0.296899	0.310597

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.109365	0.152915	0.195701	0.239251	0.282037	0.325587	0.368373
Camarilla	0.214745	0.222659	0.230573	0.238487	0.246401	0.254315	0.262229
Woodie	0.108983	0.152724	0.195319	0.239060	0.281655	0.325396	0.367991
Fibonacci	0.152915	0.185895	0.206271	0.239251	0.272231	0.292607	0.325587

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	59.15
MACD (12,26,9):	0.0005
Directional Movement:	6.753303
AROON (14):	57.142857
DEMA (21):	0.271746
Parabolic SAR (0,02-0,02-0,2):	0.269202
Elder Ray (13):	0.002474
Super Trend (3,10):	0.275426
Zig ZAG (10):	0.273252
VORTEX (21):	0.9979
Stochastique (14,3,5):	81.17
TEMA (21):	0.272151
Williams %R (14):	-8.44
Chande Momentum Oscillator (20):	0.004901
Repulse (5,40,3):	0.0193
ROCnROLL:	1
TRIX (15,9):	0.0071
Courbe Coppock:	0.93

MA7:	0.274587
MA20:	0.264570
MA50:	0.250231
MA100:	0.256042
MAexp7:	0.272116
MAexp20:	0.270937
MAexp50:	0.270545
MAexp100:	0.271186
Price / MA7:	-0.46%
Price / MA20:	+3.31%
Price / MA50:	+9.23%
Price / MA100:	+6.75%
Price / MAexp7:	+0.44%
Price / MAexp20:	+0.88%
Price / MAexp50:	+1.03%
Price / MAexp100:	+0.79%

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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Londinia AI

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