IOTA - IOTA/USDT - 1H - Technical analysis published on 07/20/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 0.244544 USDT
My targets
0.261400 USDT (+3.40%)
0.267700 USDT (+5.89%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on IOTA - MIOTA/USDT as long as the price remains well above 0.244544 USDT. The buyers” bullish objective is set at 0.261400 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.267700 USDT. If there is any crossing, the next objective would be the resistance located at 0.307200 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.5
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This analysis was given by aa90805. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
IOTA - MIOTA/USDT rating 0.252800 USDT. The price registered an increase of +1.81% on the session with the lowest point at 0.246300 USDT and the highest point at 0.255800 USDT. The deviation from the price is +2.64% for the low point and -1.17% for the high point.0.246300
0.255800
0.252800
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this IOTA - MIOTA/USDT chart shows a strongly bullish trend. 92.86% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
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 | 0.234291 | 0.240189 | 0.244544 | 0.252800 | 0.253200 | 0.261400 | 0.267700 |
| Change (%) | -7.32% | -4.99% | -3.27% | - | +0.16% | +3.40% | +5.89% |
| Change | -0.018509 | -0.012611 | -0.008256 | - | +0.000400 | +0.008600 | +0.014900 |
| Level | Major | Intermediate | Minor | - | Minor | 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 | 0.229033 | 0.233367 | 0.240833 | 0.245167 | 0.252633 | 0.256967 | 0.264433 |
| Camarilla | 0.245055 | 0.246137 | 0.247218 | 0.248300 | 0.249382 | 0.250463 | 0.251545 |
| Woodie | 0.230600 | 0.234150 | 0.242400 | 0.245950 | 0.254200 | 0.257750 | 0.266000 |
| Fibonacci | 0.233367 | 0.237874 | 0.240659 | 0.245167 | 0.249674 | 0.252459 | 0.256967 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.197067 | 0.214433 | 0.226567 | 0.243933 | 0.256067 | 0.273433 | 0.285567 |
| Camarilla | 0.230588 | 0.233292 | 0.235996 | 0.238700 | 0.241404 | 0.244108 | 0.246813 |
| Woodie | 0.194450 | 0.213125 | 0.223950 | 0.242625 | 0.253450 | 0.272125 | 0.282950 |
| Fibonacci | 0.214433 | 0.225702 | 0.232664 | 0.243933 | 0.255202 | 0.262164 | 0.273433 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.133133 | 0.164167 | 0.195033 | 0.226067 | 0.256933 | 0.287967 | 0.318833 |
| Camarilla | 0.208878 | 0.214552 | 0.220226 | 0.225900 | 0.231574 | 0.237248 | 0.242923 |
| Woodie | 0.133050 | 0.164125 | 0.194950 | 0.226025 | 0.256850 | 0.287925 | 0.318750 |
| Fibonacci | 0.164167 | 0.187813 | 0.202421 | 0.226067 | 0.249713 | 0.264321 | 0.287967 |
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): | 57.94 | |
| MACD (12,26,9): | 0.0022 | |
| Directional Movement: | 11.327617 | |
| AROON (14): | 57.142856 | |
| DEMA (21): | 0.252468 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.255412 | |
| Elder Ray (13): | 0.000215 | |
| Super Trend (3,10): | 0.248591 | |
| Zig ZAG (10): | 0.251300 | |
| VORTEX (21): | 1.2145 | |
| Stochastique (14,3,5): | 60.70 | |
| TEMA (21): | 0.253534 | |
| Williams %R (14): | -32.63 | |
| Chande Momentum Oscillator (20): | 0.005200 | |
| Repulse (5,40,3): | 0.3816 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1492 | |
| Courbe Coppock: | 3.53 |
| MA7: | 0.245386 | |
| MA20: | 0.242860 | |
| MA50: | 0.233486 | |
| MA100: | 0.207681 | |
| MAexp7: | 0.251792 | |
| MAexp20: | 0.249262 | |
| MAexp50: | 0.245898 | |
| MAexp100: | 0.244880 | |
| Price / MA7: | +3.02% | |
| Price / MA20: | +4.09% | |
| Price / MA50: | +8.27% | |
| Price / MA100: | +21.73% | |
| Price / MAexp7: | +0.40% | |
| Price / MAexp20: | +1.42% | |
| Price / MAexp50: | +2.81% | |
| Price / MAexp100: | +3.23% |
Quotes :
2020-07-20 14:36:11
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Real time data
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Cryptocompare
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