IOTA - MIOTA/USDT - Daily - Technical analysis published on 12/03/2019 (GMT)
- Who voted?
- 178
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 0.227333 USDT
My targets
0.170467 USDT (-16.19%)
0.131333 USDT (-35.43%)
My analysis
IOTA - MIOTA/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.227333 USDT. The next support located at 0.170467 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.131333 USDT. Below this support, sellers could then target 0.074467 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
7
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
IOTA - MIOTA/USDT rating 0.203400 USDT. On the day, this instrument lost -1.98% with the lowest point at 0.200600 USDT and the highest point at 0.209300 USDT. The deviation from the price is +1.40% for the low point and -2.82% for the high point.0.200600
0.209300
0.203400
Here is a more detailed summary of the historical variations registered by IOTA - MIOTA/USDT:
Technical
A technical analysis in Daily of this IOTA - MIOTA/USDT chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : Daily
Horizontal support is broken
Type : Bearish
Timeframe : Daily
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 harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.201400 | 0.203400 | 0.239764 | 0.283920 | 0.405220 |
| Change (%) | -0.98% | - | +17.88% | +39.59% | +99.22% |
| Change | -0.002000 | - | +0.036364 | +0.080520 | +0.201820 |
| Level | Major | - | Intermediate | Major | 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 | 0.181267 | 0.189033 | 0.198267 | 0.206033 | 0.215267 | 0.223033 | 0.232267 |
| Camarilla | 0.202825 | 0.204383 | 0.205942 | 0.207500 | 0.209058 | 0.210617 | 0.212175 |
| Woodie | 0.182000 | 0.189400 | 0.199000 | 0.206400 | 0.216000 | 0.223400 | 0.233000 |
| Fibonacci | 0.189033 | 0.195527 | 0.199539 | 0.206033 | 0.212527 | 0.216539 | 0.223033 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.163167 | 0.176133 | 0.192867 | 0.205833 | 0.222567 | 0.235533 | 0.252267 |
| Camarilla | 0.201433 | 0.204155 | 0.206878 | 0.209600 | 0.212323 | 0.215045 | 0.217768 |
| Woodie | 0.165050 | 0.177075 | 0.194750 | 0.206775 | 0.224450 | 0.236475 | 0.254150 |
| Fibonacci | 0.176133 | 0.187479 | 0.194488 | 0.205833 | 0.217179 | 0.224188 | 0.235533 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.074467 | 0.131333 | 0.170467 | 0.227333 | 0.266467 | 0.323333 | 0.362467 |
| Camarilla | 0.183200 | 0.192000 | 0.200800 | 0.209600 | 0.218400 | 0.227200 | 0.236000 |
| Woodie | 0.065600 | 0.126900 | 0.161600 | 0.222900 | 0.257600 | 0.318900 | 0.353600 |
| Fibonacci | 0.131333 | 0.168005 | 0.190661 | 0.227333 | 0.264005 | 0.286661 | 0.323333 |
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): | 31.96 | |
| MACD (12,26,9): | -0.0147 | |
| Directional Movement: | -18.703074 | |
| AROON (14): | -21.428572 | |
| DEMA (21): | 0.204004 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.192261 | |
| Elder Ray (13): | -0.010302 | |
| Super Trend (3,10): | 0.244404 | |
| Zig ZAG (10): | 0.203400 | |
| VORTEX (21): | 0.8027 | |
| Stochastique (14,3,5): | 26.57 | |
| TEMA (21): | 0.197844 | |
| Williams %R (14): | -74.28 | |
| Chande Momentum Oscillator (20): | -0.023600 | |
| Repulse (5,40,3): | -1.4229 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.8453 | |
| Courbe Coppock: | 30.51 |
| MA7: | 0.209200 | |
| MA20: | 0.225390 | |
| MA50: | 0.252126 | |
| MA100: | 0.257014 | |
| MAexp7: | 0.208842 | |
| MAexp20: | 0.223119 | |
| MAexp50: | 0.243007 | |
| MAexp100: | 0.259856 | |
| Price / MA7: | -2.77% | |
| Price / MA20: | -9.76% | |
| Price / MA50: | -19.33% | |
| Price / MA100: | -20.86% | |
| Price / MAexp7: | -2.61% | |
| Price / MAexp20: | -8.84% | |
| Price / MAexp50: | -16.30% | |
| Price / MAexp100: | -21.73% |
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis IOTA - MIOTA/USDT - Daily