MEASURABLE DATA TOKEN - MDT/USD - 1H - Technical analysis published on 04/16/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 0.072300 USD
My targets
0.069034 USD (-3.79%)
0.062789 USD (-12.49%)
My analysis
MEASURABLE DATA TOKEN - MDT/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.072300 USD. The next support located at 0.069034 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.062789 USD. Below this support, sellers could then target 0.055331 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.5
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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 rating is 0.071752 USD. The price is lower by -0.01% since the last closing and was between 0.070380 USD and 0.073559 USD. This implies that the price is at +1.95% from its lowest and at -2.46% from its highest.0.070380
0.073559
0.071752
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of MEASURABLE DATA TOKEN - MDT/USD in 1H shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 7 are neutral and 7 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.046824 | 0.055331 | 0.062789 | 0.071752 | 0.072300 | 0.080160 | 0.087330 |
| Change (%) | -34.74% | -22.89% | -12.49% | - | +0.76% | +11.72% | +21.71% |
| Change | -0.024928 | -0.016421 | -0.008963 | - | +0.000548 | +0.008408 | +0.015578 |
| Level | Major | Intermediate | Major | - | Major | Intermediate | Intermediate |
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 | 0.055284 | 0.061962 | 0.066861 | 0.073539 | 0.078438 | 0.085116 | 0.090015 |
| Camarilla | 0.068576 | 0.069638 | 0.070699 | 0.071760 | 0.072821 | 0.073883 | 0.074944 |
| Woodie | 0.054395 | 0.061517 | 0.065972 | 0.073094 | 0.077549 | 0.084671 | 0.089126 |
| Fibonacci | 0.061962 | 0.066384 | 0.069117 | 0.073539 | 0.077961 | 0.080694 | 0.085116 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.019467 | 0.018037 | 0.041668 | 0.079172 | 0.102803 | 0.140307 | 0.163938 |
| Camarilla | 0.048486 | 0.054090 | 0.059694 | 0.065298 | 0.070902 | 0.076506 | 0.082110 |
| Woodie | -0.026405 | 0.014569 | 0.034731 | 0.075704 | 0.095866 | 0.136839 | 0.157001 |
| Fibonacci | 0.018037 | 0.041391 | 0.055819 | 0.079172 | 0.102526 | 0.116954 | 0.140307 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.010610 | 0.028477 | 0.069034 | 0.108121 | 0.148678 | 0.187765 | 0.228322 |
| Camarilla | 0.087689 | 0.094990 | 0.102290 | 0.109591 | 0.116892 | 0.124192 | 0.131493 |
| Woodie | -0.009875 | 0.028845 | 0.069769 | 0.108489 | 0.149413 | 0.188133 | 0.229057 |
| Fibonacci | 0.028477 | 0.058901 | 0.077697 | 0.108121 | 0.138545 | 0.157341 | 0.187765 |
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): | 48.14 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -2.327986 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.072115 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.074020 | |
| Elder Ray (13): | -0.000106 | |
| Super Trend (3,10): | 0.077804 | |
| Zig ZAG (10): | 0.072028 | |
| VORTEX (21): | 0.9663 | |
| Stochastique (14,3,5): | 31.36 | |
| TEMA (21): | 0.071613 | |
| Williams %R (14): | -62.56 | |
| Chande Momentum Oscillator (20): | -0.003109 | |
| Repulse (5,40,3): | 0.1703 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0139 | |
| Courbe Coppock: | 12.18 |
| MA7: | 0.082003 | |
| MA20: | 0.097154 | |
| MA50: | 0.101427 | |
| MA100: | 0.078892 | |
| MAexp7: | 0.071857 | |
| MAexp20: | 0.072498 | |
| MAexp50: | 0.073650 | |
| MAexp100: | 0.078719 | |
| Price / MA7: | -12.50% | |
| Price / MA20: | -26.15% | |
| Price / MA50: | -29.26% | |
| Price / MA100: | -9.05% | |
| Price / MAexp7: | -0.15% | |
| Price / MAexp20: | -1.03% | |
| Price / MAexp50: | -2.58% | |
| Price / MAexp100: | -8.85% |
Quotes :
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Real time data
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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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