MEASURABLE DATA TOKEN - MDT/USD - 1H - Technical analysis published on 10/25/2024 (GMT)
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- Timeframe : 1H
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- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 0.045176 USD
My targets
0.043323 USD (-2.34%)
0.041943 USD (-5.45%)
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 under the resistance located at 0.045176 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.043323 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.041943 USD as an objective. Crossing it would then enable sellers to target 0.036301 USD. If the resistance 0.045176 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MEASURABLE DATA TOKEN - MDT/USD rating 0.044363 USD. The price registered a decrease of -0.01% on the session and was traded between 0.043662 USD and 0.044583 USD over the period. The price is currently at +1.61% from its lowest and -0.49% from its highest.0.043662
0.044583
0.044363
A study of price movements over other periods shows the following variations:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of MEASURABLE DATA TOKEN - MDT/USD in 1H shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. 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 several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, 11 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.036301 | 0.041943 | 0.044197 | 0.044363 | 0.046630 | 0.048941 | 0.052615 |
| Change (%) | -18.17% | -5.45% | -0.37% | - | +5.11% | +10.32% | +18.60% |
| Change | -0.008062 | -0.002420 | -0.000166 | - | +0.002267 | +0.004578 | +0.008252 |
| Level | Minor | Major | Major | - | Major | Minor | 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 | 0.041511 | 0.042832 | 0.043600 | 0.044921 | 0.045689 | 0.047010 | 0.047778 |
| Camarilla | 0.043795 | 0.043986 | 0.044178 | 0.044369 | 0.044561 | 0.044752 | 0.044944 |
| Woodie | 0.041236 | 0.042694 | 0.043325 | 0.044783 | 0.045414 | 0.046872 | 0.047503 |
| Fibonacci | 0.042832 | 0.043630 | 0.044123 | 0.044921 | 0.045719 | 0.046212 | 0.047010 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.037432 | 0.039451 | 0.041304 | 0.043323 | 0.045176 | 0.047195 | 0.049048 |
| Camarilla | 0.042092 | 0.042447 | 0.042802 | 0.043157 | 0.043512 | 0.043867 | 0.044222 |
| Woodie | 0.037349 | 0.039410 | 0.041221 | 0.043282 | 0.045093 | 0.047154 | 0.048965 |
| Fibonacci | 0.039451 | 0.040930 | 0.041844 | 0.043323 | 0.044802 | 0.045716 | 0.047195 |
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): | 49.71 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -3.664423 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.044071 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.044583 | |
| Elder Ray (13): | 0.000194 | |
| Super Trend (3,10): | 0.044709 | |
| Zig ZAG (10): | 0.044382 | |
| VORTEX (21): | 1.0426 | |
| Stochastique (14,3,5): | 73.54 | |
| TEMA (21): | 0.044154 | |
| Williams %R (14): | -21.82 | |
| Chande Momentum Oscillator (20): | -0.000008 | |
| Repulse (5,40,3): | 0.4306 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0765 | |
| Courbe Coppock: | 0.77 |
| MA7: | 0.044883 | |
| MA20: | 0.043761 | |
| MA50: | 0.043275 | |
| MA100: | 0.042167 | |
| MAexp7: | 0.044265 | |
| MAexp20: | 0.044313 | |
| MAexp50: | 0.044660 | |
| MAexp100: | 0.044767 | |
| Price / MA7: | -1.16% | |
| Price / MA20: | +1.38% | |
| Price / MA50: | +2.51% | |
| Price / MA100: | +5.21% | |
| Price / MAexp7: | +0.22% | |
| Price / MAexp20: | +0.11% | |
| Price / MAexp50: | -0.67% | |
| Price / MAexp100: | -0.90% |
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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