IOTA - MIOTA/USD - 1H - Technical analysis published on 09/04/2023 (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
Short term:
Neutral
Underlying:
Bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 0.165693 USD
My targets
0.175849 USD (+4.15%)
0.184263 USD (+9.13%)
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 IOTA - MIOTA/USD. As long as you are above the support located at 0.165693 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.175849 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.184263 USD as an objective. Crossing it would then enable buyers to target 0.197354 USD. If the support 0.165693 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more 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
5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The IOTA - MIOTA/USD rating is 0.168845 USD. The price has increased by +0.00% since the last closing and was traded between 0.168331 USD and 0.176739 USD over the period. The price is currently at +0.31% from its lowest and -4.47% from its highest.0.168331
0.176739
0.168845
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:
Technical
Technical analysis of IOTA - MIOTA/USD in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a slightly bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.143710 | 0.153261 | 0.165693 | 0.168845 | 0.175849 | 0.197354 | 0.205000 |
| Change (%) | -14.89% | -9.23% | -1.87% | - | +4.15% | +16.88% | +21.41% |
| Change | -0.025135 | -0.015584 | -0.003152 | - | +0.007004 | +0.028509 | +0.036155 |
| Level | Major | Intermediate | Minor | - | Intermediate | 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 | 0.148485 | 0.155629 | 0.162239 | 0.169383 | 0.175993 | 0.183137 | 0.189747 |
| Camarilla | 0.165066 | 0.166326 | 0.167587 | 0.168848 | 0.170109 | 0.171370 | 0.172630 |
| Woodie | 0.148217 | 0.155496 | 0.161971 | 0.169250 | 0.175725 | 0.183004 | 0.189479 |
| Fibonacci | 0.155629 | 0.160883 | 0.164129 | 0.169383 | 0.174637 | 0.177883 | 0.183137 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.117803 | 0.131326 | 0.151033 | 0.164556 | 0.184263 | 0.197786 | 0.217493 |
| Camarilla | 0.161602 | 0.164648 | 0.167694 | 0.170740 | 0.173786 | 0.176832 | 0.179878 |
| Woodie | 0.120895 | 0.132872 | 0.154125 | 0.166102 | 0.187355 | 0.199332 | 0.220585 |
| Fibonacci | 0.131326 | 0.144020 | 0.151862 | 0.164556 | 0.177250 | 0.185092 | 0.197786 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.055832 | 0.095551 | 0.125561 | 0.165280 | 0.195290 | 0.235009 | 0.265019 |
| Camarilla | 0.136395 | 0.142786 | 0.149178 | 0.155570 | 0.161962 | 0.168354 | 0.174746 |
| Woodie | 0.050977 | 0.093124 | 0.120706 | 0.162853 | 0.190435 | 0.232582 | 0.260164 |
| Fibonacci | 0.095551 | 0.122188 | 0.138644 | 0.165280 | 0.191917 | 0.208373 | 0.235009 |
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): | 50.09 | |
| MACD (12,26,9): | 0.0011 | |
| Directional Movement: | 12.172779 | |
| AROON (14): | 71.428571 | |
| DEMA (21): | 0.170802 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.176667 | |
| Elder Ray (13): | 0.000098 | |
| Super Trend (3,10): | 0.174739 | |
| Zig ZAG (10): | 0.171524 | |
| VORTEX (21): | 1.0008 | |
| Stochastique (14,3,5): | 50.63 | |
| TEMA (21): | 0.171645 | |
| Williams %R (14): | -49.51 | |
| Chande Momentum Oscillator (20): | 0.005358 | |
| Repulse (5,40,3): | -1.7245 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0906 | |
| Courbe Coppock: | 5.01 |
| MA7: | 0.163644 | |
| MA20: | 0.153835 | |
| MA50: | 0.167543 | |
| MA100: | 0.174456 | |
| MAexp7: | 0.171001 | |
| MAexp20: | 0.169385 | |
| MAexp50: | 0.167299 | |
| MAexp100: | 0.164187 | |
| Price / MA7: | +3.18% | |
| Price / MA20: | +9.76% | |
| Price / MA50: | +0.78% | |
| Price / MA100: | -3.22% | |
| Price / MAexp7: | -1.26% | |
| Price / MAexp20: | -0.32% | |
| Price / MAexp50: | +0.92% | |
| Price / MAexp100: | +2.84% |
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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