IOTA - MIOTA/USD - 15 min. - Technical analysis published on 11/24/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1.41 USD
My targets
1.52 USD (+1.33%)
1.58 USD (+5.33%)
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/USD as long as the price remains well above 1.41 USD. The buyers' bullish objective is set at 1.52 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.58 USD. If there is any crossing, the next objective would be the resistance located at 1.74 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4
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This analysis was given by alphakarl. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
IOTA - MIOTA/USD rating 1.50 USD. On the day, this instrument gained +5.63% and was traded between 1.35 USD and 1.54 USD over the period. The price is currently at +11.11% from its lowest and -2.60% from its highest.1.35
1.54
1.50
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
Here is a more detailed summary of the historical variations registered by IOTA - MIOTA/USD:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of IOTA - MIOTA/USD in 15 min. shows a strongly overall bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
Resistance of triangle is broken
Type : Bullish
Timeframe : 15 minutes
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.35 | 1.45 | 1.49 | 1.50 | 1.57 | 1.74 | 1.98 |
| Change (%) | -10.00% | -3.33% | -0.67% | - | +4.67% | +16.00% | +32.00% |
| Change | -0.15 | -0.05 | -0.01 | - | +0.07 | +0.24 | +0.48 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | Major |
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 | 1.25 | 1.30 | 1.36 | 1.41 | 1.47 | 1.52 | 1.58 |
| Camarilla | 1.39 | 1.40 | 1.41 | 1.42 | 1.43 | 1.44 | 1.45 |
| Woodie | 1.26 | 1.30 | 1.37 | 1.41 | 1.48 | 1.52 | 1.59 |
| Fibonacci | 1.30 | 1.34 | 1.37 | 1.41 | 1.45 | 1.48 | 1.52 |
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): | 67.31 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 10.65 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 1.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.46 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 1.40 | |
| Zig ZAG (10): | 1.50 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 79.86 | |
| TEMA (21): | 1.49 | |
| Williams %R (14): | -23.13 | |
| Chande Momentum Oscillator (20): | 0.05 | |
| Repulse (5,40,3): | 0.1400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 8.18 |
| MA7: | 1.36 | |
| MA20: | 1.35 | |
| MA50: | 1.33 | |
| MA100: | 1.32 | |
| MAexp7: | 1.49 | |
| MAexp20: | 1.46 | |
| MAexp50: | 1.44 | |
| MAexp100: | 1.43 | |
| Price / MA7: | +10.29% | |
| Price / MA20: | +11.11% | |
| Price / MA50: | +12.78% | |
| Price / MA100: | +13.64% | |
| Price / MAexp7: | +0.67% | |
| Price / MAexp20: | +2.74% | |
| Price / MAexp50: | +4.17% | |
| Price / MAexp100: | +4.90% |
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.
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