IOTA - MIOTA/USD

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- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	MIOTAUSD
ISIN:

IOTA - MIOTA/USD - 1H - Technical analysis published on 07/15/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

22%

28%

50%

My opinion

Bullish above 0.162965 USD

My targets

0.168491 USD (+2.53%)

0.191314 USD (+16.41%)

My analysis

The bullish trend is currently very strong on IOTA - MIOTA/USD. As long as the price remains above the support at 0.162965 USD, you could try to benefit from the boom. The first bullish objective is located at 0.168491 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.191314 USD as an objective. Crossing it would then enable buyers to target 0.205179 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

5.9

Comment on the analysis

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:

Additional analysis

Quotes

The IOTA - MIOTA/USD rating is 0.164338 USD. On the day, this instrument lost -0.15% and was traded between 0.162057 USD and 0.168744 USD over the period. The price is currently at +1.41% from its lowest and -2.61% from its highest.

0.162057

0.168744

0.164338

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:

Technical

Technical analysis of this 1H chart of IOTA - MIOTA/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 9 are neutral and 5 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

The analysis of the price chart with Central Patterns scanners does not return any result.

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.154492	0.157930	0.162965	0.164338	0.205179	0.284681	0.366380
Change (%)	-5.99%	-3.90%	-0.84%	-	+24.85%	+73.23%	+122.94%
Change	-0.009846	-0.006408	-0.001373	-	+0.040841	+0.120343	+0.202042
Level	Major	Intermediate	Minor	-	Intermediate	Minor	Minor

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	0.154070	0.156490	0.160540	0.162960	0.167010	0.169430	0.173480
Camarilla	0.162811	0.163404	0.163997	0.164590	0.165183	0.165776	0.166369
Woodie	0.154885	0.156898	0.161355	0.163368	0.167825	0.169838	0.174295
Fibonacci	0.156490	0.158962	0.160489	0.162960	0.165432	0.166959	0.169430

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.122845	0.131422	0.145668	0.154245	0.168491	0.177068	0.191314
Camarilla	0.153637	0.155729	0.157821	0.159913	0.162005	0.164097	0.166189
Woodie	0.125679	0.132839	0.148502	0.155662	0.171325	0.178485	0.194148
Fibonacci	0.131422	0.140141	0.145527	0.154245	0.162964	0.168350	0.177068

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.019496	0.084098	0.127379	0.191981	0.235262	0.299864	0.343145
Camarilla	0.140992	0.150882	0.160771	0.170660	0.180549	0.190439	0.200328
Woodie	0.008836	0.078768	0.116719	0.186651	0.224602	0.294534	0.332485
Fibonacci	0.084098	0.125309	0.150770	0.191981	0.233192	0.258653	0.299864

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):	51.52
MACD (12,26,9):	0.0005
Directional Movement:	4.061336
AROON (14):	-64.285714
DEMA (21):	0.164685
Parabolic SAR (0,02-0,02-0,2):	0.166695
Elder Ray (13):	0.000823
Super Trend (3,10):	0.160667
Zig ZAG (10):	0.163582
VORTEX (21):	1.0391
Stochastique (14,3,5):	33.49
TEMA (21):	0.164349
Williams %R (14):	-62.72
Chande Momentum Oscillator (20):	0.000935
Repulse (5,40,3):	-1.3898
ROCnROLL:	1
TRIX (15,9):	0.0659
Courbe Coppock:	0.54

MA7:	0.158063
MA20:	0.161184
MA50:	0.185198
MA100:	0.209674
MAexp7:	0.164160
MAexp20:	0.163893
MAexp50:	0.162356
MAexp100:	0.160172
Price / MA7:	+3.97%
Price / MA20:	+1.96%
Price / MA50:	-11.26%
Price / MA100:	-21.62%
Price / MAexp7:	+0.11%
Price / MAexp20:	+0.27%
Price / MAexp50:	+1.22%
Price / MAexp100:	+2.60%

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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