IOTA - IOTA/USD - 1H - Technical analysis published on 11/21/2024 (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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
44%
39%
My opinion
Bearish under 0.177115 USD
My targets
0.163260 USD (-3.97%)
0.151016 USD (-11.17%)
My analysis
The bearish trend is currently very strong for IOTA - MIOTA/USD. As long as the price remains below the resistance at 0.177115 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.163260 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.151016 USD as an objective. Crossing it would then enable sellers to target 0.141771 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
5.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
IOTA - MIOTA/USD rating 0.170007 USD. The price has increased by +2.08% since the last closing and was between 0.166260 USD and 0.170155 USD. This implies that the price is at +2.25% from its lowest and at -0.09% from its highest.0.166260
0.170155
0.170007
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
Here is a more detailed summary of the historical variations registered by IOTA - MIOTA/USD:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this IOTA - MIOTA/USD chart shows a sharp bearish trend. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further decline is low given the direction of the technical indicators.
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.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.141771 | 0.151016 | 0.163260 | 0.170007 | 0.177115 | 0.185581 | 0.194040 |
| Change (%) | -16.61% | -11.17% | -3.97% | - | +4.18% | +9.16% | +14.14% |
| Change | -0.028236 | -0.018991 | -0.006747 | - | +0.007108 | +0.015574 | +0.024033 |
| Level | Major | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 0.137544 | 0.148755 | 0.157653 | 0.168864 | 0.177762 | 0.188973 | 0.197871 |
| Camarilla | 0.161020 | 0.162863 | 0.164707 | 0.166550 | 0.168393 | 0.170237 | 0.172080 |
| Woodie | 0.136387 | 0.148177 | 0.156496 | 0.168286 | 0.176605 | 0.188395 | 0.196714 |
| Fibonacci | 0.148755 | 0.156437 | 0.161183 | 0.168864 | 0.176546 | 0.181292 | 0.188973 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.088047 | 0.105300 | 0.138733 | 0.155986 | 0.189419 | 0.206672 | 0.240105 |
| Camarilla | 0.158228 | 0.162875 | 0.167521 | 0.172167 | 0.176813 | 0.181459 | 0.186106 |
| Woodie | 0.096138 | 0.109345 | 0.146824 | 0.160031 | 0.197510 | 0.210717 | 0.248196 |
| Fibonacci | 0.105300 | 0.124662 | 0.136624 | 0.155986 | 0.175348 | 0.187310 | 0.206672 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.067225 | 0.085413 | 0.098908 | 0.117096 | 0.130591 | 0.148779 | 0.162274 |
| Camarilla | 0.103691 | 0.106596 | 0.109500 | 0.112404 | 0.115308 | 0.118213 | 0.121117 |
| Woodie | 0.064880 | 0.084240 | 0.096563 | 0.115923 | 0.128246 | 0.147606 | 0.159929 |
| Fibonacci | 0.085413 | 0.097516 | 0.104993 | 0.117096 | 0.129199 | 0.136676 | 0.148779 |
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): | 47.31 | |
| MACD (12,26,9): | -0.0017 | |
| Directional Movement: | -17.161446 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.168507 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.170189 | |
| Elder Ray (13): | -0.001383 | |
| Super Trend (3,10): | 0.184683 | |
| Zig ZAG (10): | 0.166430 | |
| VORTEX (21): | 0.9809 | |
| Stochastique (14,3,5): | 38.24 | |
| TEMA (21): | 0.167180 | |
| Williams %R (14): | -66.92 | |
| Chande Momentum Oscillator (20): | -0.009040 | |
| Repulse (5,40,3): | -2.9494 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1586 | |
| Courbe Coppock: | 5.99 |
| MA7: | 0.168696 | |
| MA20: | 0.140747 | |
| MA50: | 0.127859 | |
| MA100: | 0.129621 | |
| MAexp7: | 0.169326 | |
| MAexp20: | 0.170549 | |
| MAexp50: | 0.172617 | |
| MAexp100: | 0.170185 | |
| Price / MA7: | +0.78% | |
| Price / MA20: | +20.79% | |
| Price / MA50: | +32.96% | |
| Price / MA100: | +31.16% | |
| Price / MAexp7: | +0.40% | |
| Price / MAexp20: | -0.32% | |
| Price / MAexp50: | -1.51% | |
| Price / MAexp100: | -0.10% |
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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