IOTEX - IOTX/USDT - Weekly - Technical analysis published on 11/19/2021 (GMT)
- 333
- 0
- Timeframe : Weekly
- - Analysis generated on
- Status : WITHOUT TARGET
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.112850 USDT
My targets
-
My analysis
IOTEX NETWORK - IOTX/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.112850 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
0
10
8.6
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This analysis was given by pyxis2025. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
IOTEX NETWORK - IOTX/USDT rating 0.189700 USDT. Over 5 days, this instrument lost -14.28% and was traded between 0.179500 USDT and 0.232900 USDT over the period. The price is currently at +5.68% from its lowest point and -18.55% from its highest point.0.179500
0.232900
0.189700
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 IOTEX NETWORK - IOTX/USDT in Weekly shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : Weekly
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
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.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Long white line
Type : Bullish
Timeframe : Weekly
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 0.049550 | 0.079090 | 0.111600 | 0.189700 |
| Change (%) | -73.88% | -58.31% | -41.17% | - |
| Change | -0.140150 | -0.110610 | -0.078100 | - |
| Level | Minor | 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 | 0.124133 | 0.145967 | 0.159533 | 0.181367 | 0.194933 | 0.216767 | 0.230333 |
| Camarilla | 0.163365 | 0.166610 | 0.169855 | 0.173100 | 0.176345 | 0.179590 | 0.182835 |
| Woodie | 0.120000 | 0.143900 | 0.155400 | 0.179300 | 0.190800 | 0.214700 | 0.226200 |
| Fibonacci | 0.145967 | 0.159490 | 0.167844 | 0.181367 | 0.194890 | 0.203244 | 0.216767 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.023150 | 0.037420 | 0.140860 | 0.201430 | 0.304870 | 0.365440 | 0.468880 |
| Camarilla | 0.199197 | 0.214232 | 0.229266 | 0.244300 | 0.259334 | 0.274369 | 0.289403 |
| Woodie | -0.001715 | 0.048138 | 0.162295 | 0.212148 | 0.326305 | 0.376158 | 0.490315 |
| Fibonacci | 0.037420 | 0.100072 | 0.138778 | 0.201430 | 0.264082 | 0.302788 | 0.365440 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.030320 | 0.043680 | 0.057830 | 0.071190 | 0.085340 | 0.098700 | 0.112850 |
| Camarilla | 0.064415 | 0.066937 | 0.069458 | 0.071980 | 0.074502 | 0.077024 | 0.079545 |
| Woodie | 0.030715 | 0.043878 | 0.058225 | 0.071388 | 0.085735 | 0.098898 | 0.113245 |
| Fibonacci | 0.043680 | 0.054189 | 0.060681 | 0.071190 | 0.081699 | 0.088191 | 0.098700 |
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): | 70.69 | |
| MACD (12,26,9): | 0.0317 | |
| Directional Movement: | 37.645435 | |
| AROON (14): | 92.857140 | |
| DEMA (21): | 0.125343 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.060986 | |
| Elder Ray (13): | 0.100404 | |
| Super Trend (3,10): | 0.069077 | |
| Zig ZAG (10): | 0.190900 | |
| VORTEX (21): | 1.2094 | |
| Stochastique (14,3,5): | 70.66 | |
| TEMA (21): | 0.147159 | |
| Williams %R (14): | -34.21 | |
| Chande Momentum Oscillator (20): | 0.108340 | |
| Repulse (5,40,3): | 27.8425 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 5.6757 | |
| Courbe Coppock: | 507.36 |
| MA7: | 0.206929 | |
| MA20: | 0.154280 | |
| MA50: | 0.102015 | |
| MA100: | 0.086710 | |
| MAexp7: | 0.136749 | |
| MAexp20: | 0.089768 | |
| MAexp50: | 0.056948 | |
| MAexp100: | 0.038512 | |
| Price / MA7: | -8.33% | |
| Price / MA20: | +22.96% | |
| Price / MA50: | +85.95% | |
| Price / MA100: | +118.78% | |
| Price / MAexp7: | +38.72% | |
| Price / MAexp20: | +111.32% | |
| Price / MAexp50: | +233.11% | |
| Price / MAexp100: | +392.57% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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