MEASURABLE DATA TOKEN - MDT/USD - 1H - Technical analysis published on 10/07/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.043574 USD
My targets
0.046630 USD (+2.46%)
0.048062 USD (+5.61%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MEASURABLE DATA TOKEN - MDT/USD as long as the price remains well above 0.043574 USD. The buyers' bullish objective is set at 0.046630 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.048062 USD. If there is any crossing, the next objective would be the resistance located at 0.049670 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8
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Additional analysis
Quotes
The MEASURABLE DATA TOKEN - MDT/USD price is 0.045510 USD. On the day, this instrument gained +4.98% and was traded between 0.043302 USD and 0.046045 USD over the period. The price is currently at +5.10% from its lowest and -1.16% from its highest.0.043302
0.046045
0.045510
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of MEASURABLE DATA TOKEN - MDT/USD in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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 | 0.031826 | 0.040380 | 0.043574 | 0.045510 | 0.046630 | 0.048062 | 0.049670 |
| Change (%) | -30.07% | -11.27% | -4.25% | - | +2.46% | +5.61% | +9.14% |
| Change | -0.013684 | -0.005130 | -0.001936 | - | +0.001120 | +0.002552 | +0.004160 |
| Level | Intermediate | Intermediate | Minor | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.040009 | 0.040754 | 0.042053 | 0.042798 | 0.044097 | 0.044842 | 0.046141 |
| Camarilla | 0.042790 | 0.042977 | 0.043165 | 0.043352 | 0.043539 | 0.043727 | 0.043914 |
| Woodie | 0.040286 | 0.040893 | 0.042330 | 0.042937 | 0.044374 | 0.044981 | 0.046418 |
| Fibonacci | 0.040754 | 0.041535 | 0.042017 | 0.042798 | 0.043579 | 0.044061 | 0.044842 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.027367 | 0.033743 | 0.037678 | 0.044054 | 0.047989 | 0.054365 | 0.058300 |
| Camarilla | 0.038779 | 0.039724 | 0.040669 | 0.041614 | 0.042559 | 0.043504 | 0.044450 |
| Woodie | 0.026148 | 0.033133 | 0.036459 | 0.043444 | 0.046770 | 0.053755 | 0.057081 |
| Fibonacci | 0.033743 | 0.037682 | 0.040115 | 0.044054 | 0.047993 | 0.050426 | 0.054365 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.020981 | 0.028246 | 0.037802 | 0.045067 | 0.054623 | 0.061888 | 0.071444 |
| Camarilla | 0.042733 | 0.044275 | 0.045817 | 0.047359 | 0.048901 | 0.050443 | 0.051985 |
| Woodie | 0.022128 | 0.028819 | 0.038949 | 0.045640 | 0.055770 | 0.062461 | 0.072591 |
| Fibonacci | 0.028246 | 0.034671 | 0.038641 | 0.045067 | 0.051492 | 0.055462 | 0.061888 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 82.43 | |
| MACD (12,26,9): | 0.0008 | |
| Directional Movement: | 31.348092 | |
| AROON (14): | 71.428572 | |
| DEMA (21): | 0.045158 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.044465 | |
| Elder Ray (13): | 0.001256 | |
| Super Trend (3,10): | 0.044698 | |
| Zig ZAG (10): | 0.045898 | |
| VORTEX (21): | 1.3822 | |
| Stochastique (14,3,5): | 94.35 | |
| TEMA (21): | 0.045650 | |
| Williams %R (14): | -8.31 | |
| Chande Momentum Oscillator (20): | 0.002851 | |
| Repulse (5,40,3): | 1.3398 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1819 | |
| Courbe Coppock: | 8.84 |
| MA7: | 0.043226 | |
| MA20: | 0.045319 | |
| MA50: | 0.042785 | |
| MA100: | 0.042657 | |
| MAexp7: | 0.045226 | |
| MAexp20: | 0.044243 | |
| MAexp50: | 0.043473 | |
| MAexp100: | 0.043571 | |
| Price / MA7: | +5.28% | |
| Price / MA20: | +0.42% | |
| Price / MA50: | +6.37% | |
| Price / MA100: | +6.69% | |
| Price / MAexp7: | +0.59% | |
| Price / MAexp20: | +2.82% | |
| Price / MAexp50: | +4.64% | |
| Price / MAexp100: | +4.41% |
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.
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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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