Londinia Opportunities Analyses - 09/16/2024 (GMT) IOTA - IOTA/USDT - 1H

IOTA - IOTA/USDT
- USDT (-)
- Real time data - CoinMarketCap
Type: Cryptocurrencies
Ticker: IOTAUSDT
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 0.123145 USDT
My targets
0.119517 USDT (-1.56%)
0.117632 USDT (-3.11%)
My analysis
The bearish trend is currently very strong for IOTA - MIOTA/USDT. As long as the price remains below the resistance at 0.123145 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.119517 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.117632 USDT as an objective. Crossing it would then enable sellers to target 0.113305 USDT. 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.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8.2

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

IOTA - MIOTA/USDT rating 0.121411 USDT. The price registered a decrease of -1.37% on the session with the lowest point at 0.120412 USDT and the highest point at 0.123089 USDT. The deviation from the price is +0.83% for the low point and -1.36% for the high point.

0.120412
0.123089
0.121411

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows an item:

Central Records

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


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

Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.113305 0.117632 0.119517 0.121411 0.123145 0.127025 0.131790
Change (%) -6.68% -3.11% -1.56% - +1.43% +4.62% +8.55%
Change -0.008106 -0.003779 -0.001894 - +0.001734 +0.005614 +0.010379
Level Minor Minor Intermediate - Intermediate Intermediate Intermediate



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
Standard0.1127130.1173550.1202270.1248690.1277410.1323830.135255
Camarilla0.1210340.1217220.1224110.1231000.1237890.1244780.125166
Woodie0.1118290.1169130.1193430.1244270.1268570.1319410.134371
Fibonacci0.1173550.1202250.1219980.1248690.1277390.1295120.132383


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1052980.1113210.1198610.1258840.1344240.1404470.148987
Camarilla0.1243950.1257300.1270650.1284000.1297350.1310700.132405
Woodie0.1065560.1119500.1211190.1265130.1356820.1410760.150245
Fibonacci0.1113210.1168840.1203210.1258840.1314470.1348840.140447


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0525550.0781820.1012410.1268680.1499270.1755540.198613
Camarilla0.1109110.1153740.1198370.1243000.1287630.1332260.137689
Woodie0.0512710.0775400.0999570.1262260.1486430.1749120.197329
Fibonacci0.0781820.0967800.1082700.1268680.1454660.1569560.175554

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): 16.04
MACD (12,26,9): -0.0016
Directional Movement: -33.440579
AROON (14): -92.857143
DEMA (21): 0.123084
Parabolic SAR (0,02-0,02-0,2): 0.123637
Elder Ray (13): -0.003150
Super Trend (3,10): 0.124484
Zig ZAG (10): 0.121300
VORTEX (21): 0.6948
Stochastique (14,3,5): 8.29
TEMA (21): 0.122059
Williams %R (14): -88.60
Chande Momentum Oscillator (20): -0.005620
Repulse (5,40,3): -0.8239
ROCnROLL: 2
TRIX (15,9): -0.1267
Courbe Coppock: 7.23
MA7: 0.127070
MA20: 0.124405
MA50: 0.131632
MA100: 0.151701
MAexp7: 0.122928
MAexp20: 0.125026
MAexp50: 0.126755
MAexp100: 0.127107
Price / MA7: -4.45%
Price / MA20: -2.41%
Price / MA50: -7.76%
Price / MA100: -19.97%
Price / MAexp7: -1.23%
Price / MAexp20: -2.89%
Price / MAexp50: -4.22%
Price / MAexp100: -4.48%

Quotes : - Real time data - Cryptocompare