IOTA - MIOTA/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	MIOTAUSD
ISIN:

IOTA - MIOTA/USD - 1H - Technical analysis published on 10/30/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

11%

17%

My opinion

Bullish above 0.120845 USD

My targets

0.134293 USD (+9.41%)

0.144574 USD (+17.78%)

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 0.120845 USD. The buyers' bullish objective is set at 0.134293 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.144574 USD. If there is any crossing, the next objective would be the resistance located at 0.203207 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

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

IOTA - MIOTA/USD rating 0.122746 USD. The price has increased by +5.61% since the last closing with the lowest point at 0.115161 USD and the highest point at 0.123308 USD. The deviation from the price is +6.59% for the low point and -0.46% for the high point.

0.115161

0.123308

0.122746

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

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. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

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.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.115953	0.118900	0.120845	0.122746	0.144574	0.203207	0.240715
Change (%)	-5.53%	-3.13%	-1.55%	-	+17.78%	+65.55%	+96.11%
Change	-0.006793	-0.003846	-0.001901	-	+0.021828	+0.080461	+0.117969
Level	Intermediate	Minor	Intermediate	-	Major	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	0.105327	0.108448	0.112339	0.115460	0.119351	0.122472	0.126363
Camarilla	0.114303	0.114946	0.115588	0.116231	0.116874	0.117517	0.118159
Woodie	0.105713	0.108641	0.112725	0.115653	0.119737	0.122665	0.126749
Fibonacci	0.108448	0.111126	0.112781	0.115460	0.118138	0.119793	0.122472

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.076547	0.090073	0.098657	0.112183	0.120767	0.134293	0.142877
Camarilla	0.101160	0.103187	0.105213	0.107240	0.109267	0.111294	0.113320
Woodie	0.074075	0.088838	0.096185	0.110948	0.118295	0.133058	0.140405
Fibonacci	0.090073	0.098519	0.103737	0.112183	0.120629	0.125847	0.134293

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.082362	0.100327	0.116963	0.134928	0.151564	0.169529	0.186165
Camarilla	0.124085	0.127257	0.130428	0.133600	0.136772	0.139944	0.143115
Woodie	0.081699	0.099995	0.116300	0.134596	0.150901	0.169197	0.185502
Fibonacci	0.100327	0.113544	0.121710	0.134928	0.148145	0.156311	0.169529

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):	61.93
MACD (12,26,9):	0.0015
Directional Movement:	7.184721
AROON (14):	78.571429
DEMA (21):	0.118976
Parabolic SAR (0,02-0,02-0,2):	0.123308
Elder Ray (13):	0.001414
Super Trend (3,10):	0.112147
Zig ZAG (10):	0.122928
VORTEX (21):	0.9936
Stochastique (14,3,5):	39.29
TEMA (21):	0.118686
Williams %R (14):	-40.27
Chande Momentum Oscillator (20):	0.003370
Repulse (5,40,3):	0.2048
ROCnROLL:	1
TRIX (15,9):	0.1454
Courbe Coppock:	3.14

MA7:	0.112943
MA20:	0.119717
MA50:	0.126043
MA100:	0.131195
MAexp7:	0.118122
MAexp20:	0.117111
MAexp50:	0.114901
MAexp100:	0.113780
Price / MA7:	+8.68%
Price / MA20:	+2.53%
Price / MA50:	-2.62%
Price / MA100:	-6.44%
Price / MAexp7:	+3.91%
Price / MAexp20:	+4.81%
Price / MAexp50:	+6.83%
Price / MAexp100:	+7.88%

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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Londinia AI

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