MEASURABLE DATA TOKEN - MDT/USD
MEASURABLE DATA TOKEN - MDT/USD
- USD (-)
- Real time data - Cryptocompare
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Type: Cryptocurrencies
Ticker: MDTUSD
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MEASURABLE DATA TOKEN - MDT/USD - 1H - Technical analysis published on 09/14/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
11%
44%
44%
My opinion
Bullish above 0.040408 USD
My targets
0.041516 USD (+1.16%)
0.042320 USD (+3.12%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on MEASURABLE DATA TOKEN - MDT/USD. As long as you are above the support located at 0.040408 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.041516 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.042320 USD as an objective. Crossing it would then enable buyers to target 0.045804 USD. If the support 0.040408 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.1

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:
15 min. Daily Weekly

Additional analysis

Quotes

MEASURABLE DATA TOKEN - MDT/USD rating 0.041041 USD. The price is lower by -0.02% since the last closing and was between 0.040976 USD and 0.041350 USD. This implies that the price is at +0.16% from its lowest and at -0.75% from its highest.

0.040976
0.041350
0.041041

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of MEASURABLE DATA TOKEN - MDT/USD in 1H shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.037734 0.039379 0.040408 0.041041 0.041516 0.042320 0.045804
Change (%) -8.06% -4.05% -1.54% - +1.16% +3.12% +11.61%
Change -0.003307 -0.001662 -0.000633 - +0.000475 +0.001279 +0.004763
Level Minor Minor Major - Intermediate Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0383000.0393580.0402030.0412610.0421060.0431640.044009
Camarilla0.0405240.0406980.0408730.0410470.0412210.0413960.041570
Woodie0.0381930.0393050.0400960.0412080.0419990.0431110.043902
Fibonacci0.0393580.0400850.0405340.0412610.0419880.0424370.043164


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0277200.0316150.0339240.0378190.0401280.0440230.046332
Camarilla0.0345270.0350960.0356640.0362330.0368020.0373700.037939
Woodie0.0269270.0312190.0331310.0374230.0393350.0436270.045539
Fibonacci0.0316150.0339850.0354490.0378190.0401890.0416530.044023


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0106960.0194540.0301950.0389530.0496940.0584520.069193
Camarilla0.0355740.0373610.0391490.0409360.0427230.0445110.046298
Woodie0.0116880.0199500.0311870.0394490.0506860.0589480.070185
Fibonacci0.0194540.0269030.0315040.0389530.0464020.0510030.058452

Numerical data


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

Technical indicators
Moving averages

RSI (14): 48.75
MACD (12,26,9): 0.0000
Directional Movement: 3.781763
AROON (14): -7.142857
DEMA (21): 0.041138
Parabolic SAR (0,02-0,02-0,2): 0.042124
Elder Ray (13): -0.000095
Super Trend (3,10): 0.040720
Zig ZAG (10): 0.041007
VORTEX (21): 1.0162
Stochastique (14,3,5): 18.91
TEMA (21): 0.041051
Williams %R (14): -86.37
Chande Momentum Oscillator (20): -0.000653
Repulse (5,40,3): -0.4727
ROCnROLL: -1
TRIX (15,9): 0.0162
Courbe Coppock: 0.44
MA7: 0.040391
MA20: 0.040242
MA50: 0.040146
MA100: 0.044438
MAexp7: 0.041063
MAexp20: 0.041108
MAexp50: 0.040955
MAexp100: 0.040517
Price / MA7: +1.61%
Price / MA20: +1.99%
Price / MA50: +2.23%
Price / MA100: -7.64%
Price / MAexp7: -0.05%
Price / MAexp20: -0.16%
Price / MAexp50: +0.21%
Price / MAexp100: +1.29%

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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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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