IOTA - IOTA/USD - 15 min. - Technical analysis published on 11/22/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1.39 USD
My targets
1.49 USD (+2.26%)
1.69 USD (+15.96%)
My analysis
IOTA - MIOTA/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.39 USD. The next resistance located at 1.49 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.69 USD. After this resistance, buyers could then target 1.74 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8.9
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This analysis was given by alphakarl. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The IOTA - MIOTA/USD rating is 1.46 USD. The price registered an increase of +8.15% on the session and was traded between 1.28 USD and 1.46 USD over the period. The price is currently at +14.06% from its lowest and 0% from its highest.1.28
1.46
1.46
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of IOTA - MIOTA/USD in 15 min. shows a strongly overall 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. 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.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.27 | 1.34 | 1.45 | 1.46 | 1.49 | 1.74 | 1.98 |
| Change (%) | -13.01% | -8.22% | -0.68% | - | +2.05% | +19.18% | +35.62% |
| Change | -0.19 | -0.12 | -0.01 | - | +0.03 | +0.28 | +0.52 |
| Level | Intermediate | Major | Minor | - | Major | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.19 | 1.24 | 1.29 | 1.34 | 1.39 | 1.44 | 1.49 |
| Camarilla | 1.32 | 1.33 | 1.34 | 1.35 | 1.36 | 1.37 | 1.38 |
| Woodie | 1.20 | 1.24 | 1.30 | 1.34 | 1.40 | 1.44 | 1.50 |
| Fibonacci | 1.24 | 1.28 | 1.30 | 1.34 | 1.38 | 1.40 | 1.44 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.74 | 0.93 | 1.12 | 1.31 | 1.50 | 1.69 | 1.88 |
| Camarilla | 1.20 | 1.23 | 1.27 | 1.30 | 1.34 | 1.37 | 1.41 |
| Woodie | 0.73 | 0.93 | 1.11 | 1.31 | 1.49 | 1.69 | 1.87 |
| Fibonacci | 0.93 | 1.08 | 1.17 | 1.31 | 1.46 | 1.55 | 1.69 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.73 | 0.93 | 1.20 | 1.40 | 1.67 | 1.87 | 2.14 |
| Camarilla | 1.33 | 1.37 | 1.42 | 1.46 | 1.50 | 1.55 | 1.59 |
| Woodie | 0.76 | 0.95 | 1.23 | 1.42 | 1.70 | 1.89 | 2.17 |
| Fibonacci | 0.93 | 1.11 | 1.22 | 1.40 | 1.58 | 1.69 | 1.87 |
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): | 58.80 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 10.47 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 1.39 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.36 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 1.30 | |
| Zig ZAG (10): | 1.45 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 77.17 | |
| TEMA (21): | 1.40 | |
| Williams %R (14): | -28.12 | |
| Chande Momentum Oscillator (20): | 0.08 | |
| Repulse (5,40,3): | 3.4600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1400 | |
| Courbe Coppock: | 4.85 |
| MA7: | 1.34 | |
| MA20: | 1.33 | |
| MA50: | 1.32 | |
| MA100: | 1.31 | |
| MAexp7: | 1.41 | |
| MAexp20: | 1.37 | |
| MAexp50: | 1.35 | |
| MAexp100: | 1.34 | |
| Price / MA7: | +8.96% | |
| Price / MA20: | +9.77% | |
| Price / MA50: | +10.61% | |
| Price / MA100: | +11.45% | |
| Price / MAexp7: | +3.55% | |
| Price / MAexp20: | +6.57% | |
| Price / MAexp50: | +8.15% | |
| Price / MAexp100: | +8.96% |
Quotes :
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Real time data
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