IOT CHAIN - ITC/USDT - Daily - Technical analysis published on 01/28/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
IOT CHAIN - ITC/USDT Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 0.115233 USDT
My targets
0.098468 USDT (-8.32%)
My analysis
The bearish trend is currently very strong for IOT CHAIN - ITC/USDT. As long as the price remains below the resistance at 0.115233 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.098468 USDT. The bearish momentum would be revived by a break in this support. 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
5.7
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This analysis was given by Vincent Launay.
Additional analysis
Quotes
The IOT CHAIN - ITC/USDT rating is 0.107400 USDT. On the day, this instrument gained -0.83% with the lowest point at 0.104900 USDT and the highest point at 0.116200 USDT. The deviation from the price is +2.38% for the low point and -7.57% for the high point.0.104900
0.116200
0.107400
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.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this IOT CHAIN - ITC/USDT chart shows a sharp bearish trend. 82.14% 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|
ProTrendLines | 0.098468 | 0.107400 | 0.129008 | 0.160567 | 0.207100 |
Change (%) | -8.32% | - | +20.12% | +49.50% | +92.83% |
Change | -0.008932 | - | +0.021608 | +0.053167 | +0.099700 |
Level | Major | - | 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 | 0.103600 | 0.105500 | 0.106900 | 0.108800 | 0.110200 | 0.112100 | 0.113500 |
Camarilla | 0.107393 | 0.107695 | 0.107998 | 0.108300 | 0.108603 | 0.108905 | 0.109208 |
Woodie | 0.103350 | 0.105375 | 0.106650 | 0.108675 | 0.109950 | 0.111975 | 0.113250 |
Fibonacci | 0.105500 | 0.106761 | 0.107539 | 0.108800 | 0.110061 | 0.110839 | 0.112100 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.060633 | 0.078267 | 0.090833 | 0.108467 | 0.121033 | 0.138667 | 0.151233 |
Camarilla | 0.095095 | 0.097863 | 0.100632 | 0.103400 | 0.106168 | 0.108937 | 0.111705 |
Woodie | 0.058100 | 0.077000 | 0.088300 | 0.107200 | 0.118500 | 0.137400 | 0.148700 |
Fibonacci | 0.078267 | 0.089803 | 0.096930 | 0.108467 | 0.120003 | 0.127130 | 0.138667 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.026967 | 0.059733 | 0.082467 | 0.115233 | 0.137967 | 0.170733 | 0.193467 |
Camarilla | 0.089938 | 0.095025 | 0.100113 | 0.105200 | 0.110288 | 0.115375 | 0.120463 |
Woodie | 0.021950 | 0.057225 | 0.077450 | 0.112725 | 0.132950 | 0.168225 | 0.188450 |
Fibonacci | 0.059733 | 0.080934 | 0.094032 | 0.115233 | 0.136434 | 0.149532 | 0.170733 |
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): | 45.37 | |
MACD (12,26,9): | -0.0007 | |
Directional Movement: | 2.461231 | |
AROON (14): | -35.714283 | |
DEMA (21): | 0.110842 | |
Parabolic SAR (0,02-0,02-0,2): | 0.125218 | |
Elder Ray (13): | -0.000009 | |
Super Trend (3,10): | 0.099107 | |
Zig ZAG (10): | 0.106700 | |
VORTEX (21): | 0.9783 | |
Stochastique (14,3,5): | 30.37 | |
TEMA (21): | 0.109555 | |
Williams %R (14): | -67.36 | |
Chande Momentum Oscillator (20): | -0.003100 | |
Repulse (5,40,3): | -7.6891 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.1442 | |
Courbe Coppock: | 3.34 |
MA7: | 0.107914 | |
MA20: | 0.112835 | |
MA50: | 0.109049 | |
MA100: | 0.114684 | |
MAexp7: | 0.108763 | |
MAexp20: | 0.111057 | |
MAexp50: | 0.111809 | |
MAexp100: | 0.121041 | |
Price / MA7: | -0.48% | |
Price / MA20: | -4.82% | |
Price / MA50: | -1.51% | |
Price / MA100: | -6.35% | |
Price / MAexp7: | -1.25% | |
Price / MAexp20: | -3.29% | |
Price / MAexp50: | -3.94% | |
Price / MAexp100: | -11.27% |
This member declared not having a position on this financial instrument or a related financial instrument.
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