MEASURABLE DATA TOKEN - MDT/USD - 1H - Technical analysis published on 09/03/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 0.040118 USD
My targets
0.041896 USD (+1.90%)
0.044207 USD (+7.53%)
My analysis
MEASURABLE DATA TOKEN - MDT/USD is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 0.040118 USD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 0.041896 USD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 0.044207 USD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 0.045309 USD. Beware of a possible return to under the support located at 0.040118 USD which would be the sign of a correction of the bullish excesses registered in the short term.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2.9
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Additional analysis
Quotes
The MEASURABLE DATA TOKEN - MDT/USD rating is 0.041113 USD. On the day, this instrument gained +0.00% and was between 0.040830 USD and 0.041714 USD. This implies that the price is at +0.69% from its lowest and at -1.44% from its highest.0.040830
0.041714
0.041113
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of MEASURABLE DATA TOKEN - MDT/USD indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 0.032079 | 0.038843 | 0.040118 | 0.041113 | 0.041896 | 0.044207 | 0.045309 |
Change (%) | -21.97% | -5.52% | -2.42% | - | +1.90% | +7.53% | +10.21% |
Change | -0.009034 | -0.002270 | -0.000995 | - | +0.000783 | +0.003094 | +0.004196 |
Level | Intermediate | Minor | Intermediate | - | Major | Minor | Minor |
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 | 0.036910 | 0.037885 | 0.039499 | 0.040474 | 0.042088 | 0.043063 | 0.044677 |
Camarilla | 0.040402 | 0.040639 | 0.040877 | 0.041114 | 0.041351 | 0.041589 | 0.041826 |
Woodie | 0.037231 | 0.038045 | 0.039820 | 0.040634 | 0.042409 | 0.043223 | 0.044998 |
Fibonacci | 0.037885 | 0.038874 | 0.039485 | 0.040474 | 0.041463 | 0.042074 | 0.043063 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.030269 | 0.035113 | 0.038024 | 0.042868 | 0.045779 | 0.050623 | 0.053534 |
Camarilla | 0.038803 | 0.039514 | 0.040225 | 0.040936 | 0.041647 | 0.042358 | 0.043069 |
Woodie | 0.029304 | 0.034630 | 0.037059 | 0.042385 | 0.044814 | 0.050140 | 0.052569 |
Fibonacci | 0.035113 | 0.038075 | 0.039905 | 0.042868 | 0.045830 | 0.047660 | 0.050623 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.010696 | 0.019454 | 0.030195 | 0.038953 | 0.049694 | 0.058452 | 0.069193 |
Camarilla | 0.035574 | 0.037361 | 0.039149 | 0.040936 | 0.042723 | 0.044511 | 0.046298 |
Woodie | 0.011688 | 0.019950 | 0.031187 | 0.039449 | 0.050686 | 0.058948 | 0.070185 |
Fibonacci | 0.019454 | 0.026903 | 0.031504 | 0.038953 | 0.046402 | 0.051003 | 0.058452 |
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): | 53.06 | |
MACD (12,26,9): | 0.0002 | |
Directional Movement: | 4.399290 | |
AROON (14): | 57.142857 | |
DEMA (21): | 0.041235 | |
Parabolic SAR (0,02-0,02-0,2): | 0.040862 | |
Elder Ray (13): | 0.000029 | |
Super Trend (3,10): | 0.040246 | |
Zig ZAG (10): | 0.041135 | |
VORTEX (21): | 1.0735 | |
Stochastique (14,3,5): | 38.92 | |
TEMA (21): | 0.041302 | |
Williams %R (14): | -59.95 | |
Chande Momentum Oscillator (20): | -0.000161 | |
Repulse (5,40,3): | 0.0065 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0850 | |
Courbe Coppock: | 1.88 |
MA7: | 0.041355 | |
MA20: | 0.041924 | |
MA50: | 0.041396 | |
MA100: | 0.047392 | |
MAexp7: | 0.041110 | |
MAexp20: | 0.040974 | |
MAexp50: | 0.040794 | |
MAexp100: | 0.041126 | |
Price / MA7: | -0.59% | |
Price / MA20: | -1.93% | |
Price / MA50: | -0.68% | |
Price / MA100: | -13.25% | |
Price / MAexp7: | +0.01% | |
Price / MAexp20: | +0.34% | |
Price / MAexp50: | +0.78% | |
Price / MAexp100: | -0.03% |
Quotes :
-
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
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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