MEASURABLE DATA TOKEN - MDT/USD - 1H - Technical analysis published on 12/21/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
33%
50%
My opinion
Bullish above 0.057409 USD
My targets
0.059462 USD (+1.96%)
0.060418 USD (+3.60%)
My analysis
Has the basic bullish 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 bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.057409 USD remains possible. It is advisable to trade MEASURABLE DATA TOKEN - MDT/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.057409 USD. The next bullish objective for buyers is set at 0.059462 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.060418 USD. If there is any crossing, the next objective would be the resistance located at 0.072300 USD. PS: if there is a bearish break in the support located at 0.057409 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MEASURABLE DATA TOKEN - MDT/USD price is 0.058318 USD. The price registered a decrease of -0.19% on the session with the lowest point at 0.057760 USD and the highest point at 0.058618 USD. The deviation from the price is +0.97% for the low point and -0.51% for the high point.0.057760
0.058618
0.058318
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of MEASURABLE DATA TOKEN - MDT/USD in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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 | 0.054880 | 0.056564 | 0.057409 | 0.058318 | 0.058478 | 0.059462 | 0.060418 |
| Change (%) | -5.90% | -3.01% | -1.56% | - | +0.27% | +1.96% | +3.60% |
| Change | -0.003438 | -0.001754 | -0.000909 | - | +0.000160 | +0.001144 | +0.002100 |
| Level | Minor | Major | Minor | - | Major | Minor | Minor |
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 | 0.052266 | 0.054294 | 0.056362 | 0.058390 | 0.060458 | 0.062486 | 0.064554 |
| Camarilla | 0.057304 | 0.057679 | 0.058055 | 0.058430 | 0.058806 | 0.059181 | 0.059556 |
| Woodie | 0.052286 | 0.054304 | 0.056382 | 0.058400 | 0.060478 | 0.062496 | 0.064574 |
| Fibonacci | 0.054294 | 0.055859 | 0.056825 | 0.058390 | 0.059955 | 0.060921 | 0.062486 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.045648 | 0.049713 | 0.053622 | 0.057687 | 0.061596 | 0.065661 | 0.069570 |
| Camarilla | 0.055338 | 0.056069 | 0.056800 | 0.057531 | 0.058262 | 0.058993 | 0.059724 |
| Woodie | 0.045570 | 0.049674 | 0.053544 | 0.057648 | 0.061518 | 0.065622 | 0.069492 |
| Fibonacci | 0.049713 | 0.052759 | 0.054641 | 0.057687 | 0.060733 | 0.062615 | 0.065661 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.045259 | -0.000862 | 0.031224 | 0.075621 | 0.107707 | 0.152104 | 0.184190 |
| Camarilla | 0.042277 | 0.049288 | 0.056299 | 0.063310 | 0.070321 | 0.077332 | 0.084343 |
| Woodie | -0.051415 | -0.003940 | 0.025069 | 0.072543 | 0.101552 | 0.149026 | 0.178035 |
| Fibonacci | -0.000862 | 0.028355 | 0.046405 | 0.075621 | 0.104838 | 0.122888 | 0.152104 |
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): | 50.71 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | -0.096170 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.058591 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.059576 | |
| Elder Ray (13): | -0.000111 | |
| Super Trend (3,10): | 0.057483 | |
| Zig ZAG (10): | 0.058320 | |
| VORTEX (21): | 1.0203 | |
| Stochastique (14,3,5): | 27.06 | |
| TEMA (21): | 0.058263 | |
| Williams %R (14): | -65.85 | |
| Chande Momentum Oscillator (20): | -0.000760 | |
| Repulse (5,40,3): | 0.3435 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0638 | |
| Courbe Coppock: | 4.03 |
| MA7: | 0.057041 | |
| MA20: | 0.058950 | |
| MA50: | 0.056624 | |
| MA100: | 0.050511 | |
| MAexp7: | 0.058283 | |
| MAexp20: | 0.058372 | |
| MAexp50: | 0.057843 | |
| MAexp100: | 0.057446 | |
| Price / MA7: | +2.24% | |
| Price / MA20: | -1.07% | |
| Price / MA50: | +2.99% | |
| Price / MA100: | +15.46% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | -0.09% | |
| Price / MAexp50: | +0.82% | |
| Price / MAexp100: | +1.52% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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