IOST - IOST/USDT - 1H - Technical analysis published on 05/26/2023 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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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:
Neutral
Underlying:
Strongly bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 0.009255 USDT
My targets
0.008859 USDT (-1.80%)
0.008692 USDT (-3.64%)
My analysis
With a strongly bearish trend, the price of IOS TOKEN - IOST/USDT is trying to inflate a little while more or less stagnating in the short term. Is the price preparing for a rebound or a bearish rally recovery? Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.009255 USDT remains possible. It would be possible for traders to only trade short positions (for sale) on IOS TOKEN - IOST/USDT as long as the price remains well below 0.009255 USDT. The next bearish objective for sellers is set at 0.008859 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.008692 USDT. In case of crossing, the next objective would be the support located at 0.007955 USDT.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
2.9
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This analysis was given by cassedre. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The IOS TOKEN - IOST/USDT price is 0.009021 USDT. The price has increased by +0.12% since the last closing with the lowest point at 0.008949 USDT and the highest point at 0.009068 USDT. The deviation from the price is +0.80% for the low point and -0.52% for the high point.0.008949
0.009068
0.009021
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of IOS TOKEN - IOST/USDT in 1H shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the global trend is slowing down. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.006656 | 0.007955 | 0.008859 | 0.009021 | 0.009255 | 0.009464 | 0.009750 |
Change (%) | -26.22% | -11.82% | -1.80% | - | +2.59% | +4.91% | +8.08% |
Change | -0.002365 | -0.001066 | -0.000162 | - | +0.000234 | +0.000443 | +0.000729 |
Level | Intermediate | Intermediate | Major | - | Minor | 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 | 0.008518 | 0.008724 | 0.008867 | 0.009073 | 0.009216 | 0.009422 | 0.009565 |
Camarilla | 0.008914 | 0.008946 | 0.008978 | 0.009010 | 0.009042 | 0.009074 | 0.009106 |
Woodie | 0.008487 | 0.008708 | 0.008836 | 0.009057 | 0.009185 | 0.009406 | 0.009534 |
Fibonacci | 0.008724 | 0.008857 | 0.008940 | 0.009073 | 0.009206 | 0.009289 | 0.009422 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.008692 | 0.008946 | 0.009293 | 0.009547 | 0.009894 | 0.010148 | 0.010495 |
Camarilla | 0.009476 | 0.009531 | 0.009586 | 0.009641 | 0.009696 | 0.009751 | 0.009806 |
Woodie | 0.008740 | 0.008969 | 0.009341 | 0.009570 | 0.009942 | 0.010171 | 0.010543 |
Fibonacci | 0.008946 | 0.009175 | 0.009317 | 0.009547 | 0.009776 | 0.009918 | 0.010148 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.006563 | 0.008207 | 0.009343 | 0.010987 | 0.012123 | 0.013767 | 0.014903 |
Camarilla | 0.009716 | 0.009970 | 0.010225 | 0.010480 | 0.010735 | 0.010990 | 0.011245 |
Woodie | 0.006310 | 0.008080 | 0.009090 | 0.010860 | 0.011870 | 0.013640 | 0.014650 |
Fibonacci | 0.008207 | 0.009269 | 0.009925 | 0.010987 | 0.012049 | 0.012705 | 0.013767 |
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): | 46.76 | |
MACD (12,26,9): | 0.0000 | |
Directional Movement: | -11.389936 | |
AROON (14): | 78.571429 | |
DEMA (21): | 0.008981 | |
Parabolic SAR (0,02-0,02-0,2): | 0.008958 | |
Elder Ray (13): | -0.000019 | |
Super Trend (3,10): | 0.009159 | |
Zig ZAG (10): | 0.009019 | |
VORTEX (21): | 0.9613 | |
Stochastique (14,3,5): | 60.39 | |
TEMA (21): | 0.009000 | |
Williams %R (14): | -40.58 | |
Chande Momentum Oscillator (20): | 0.000023 | |
Repulse (5,40,3): | -0.0202 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0610 | |
Courbe Coppock: | 0.02 |
MA7: | 0.009338 | |
MA20: | 0.009439 | |
MA50: | 0.010288 | |
MA100: | 0.010484 | |
MAexp7: | 0.009011 | |
MAexp20: | 0.009027 | |
MAexp50: | 0.009117 | |
MAexp100: | 0.009239 | |
Price / MA7: | -3.39% | |
Price / MA20: | -4.43% | |
Price / MA50: | -12.32% | |
Price / MA100: | -13.95% | |
Price / MAexp7: | +0.11% | |
Price / MAexp20: | -0.07% | |
Price / MAexp50: | -1.05% | |
Price / MAexp100: | -2.36% |
Quotes :
-
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
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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