IOTA - MIOTA/USD
IOTA - MIOTA/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
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High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: MIOTAUSD
ISIN:

IOTA - MIOTA/USD - 1H - Technical analysis published on 09/04/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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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

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

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.

Central Gaps

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:

Central Indicators

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

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


S3S2S1PriceR1R2R3
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
Standard0.1484850.1556290.1622390.1693830.1759930.1831370.189747
Camarilla0.1650660.1663260.1675870.1688480.1701090.1713700.172630
Woodie0.1482170.1554960.1619710.1692500.1757250.1830040.189479
Fibonacci0.1556290.1608830.1641290.1693830.1746370.1778830.183137


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1178030.1313260.1510330.1645560.1842630.1977860.217493
Camarilla0.1616020.1646480.1676940.1707400.1737860.1768320.179878
Woodie0.1208950.1328720.1541250.1661020.1873550.1993320.220585
Fibonacci0.1313260.1440200.1518620.1645560.1772500.1850920.197786


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0558320.0955510.1255610.1652800.1952900.2350090.265019
Camarilla0.1363950.1427860.1491780.1555700.1619620.1683540.174746
Woodie0.0509770.0931240.1207060.1628530.1904350.2325820.260164
Fibonacci0.0955510.1221880.1386440.1652800.1919170.2083730.235009

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 : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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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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