IOTA - MIOTA/USD - 1H - Technical analysis published on 01/27/2023 (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 bullish
Underlying:
Strongly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 0.223544 USD
My targets
0.240360 USD (+3.45%)
0.245854 USD (+5.82%)
My analysis
IOTA - MIOTA/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.223544 USD. The next resistance located at 0.240360 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.245854 USD. After this resistance, buyers could then target 0.260703 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.6
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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 0.232341 USD. The price is lower by -0.06% since the last closing and was between 0.224320 USD and 0.241936 USD. This implies that the price is at +3.58% from its lowest and at -3.97% from its highest.0.224320
0.241936
0.232341
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of IOTA - MIOTA/USD in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish doji star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.204564 | 0.215767 | 0.223544 | 0.232341 | 0.240360 | 0.245854 | 0.260703 |
Change (%) | -11.96% | -7.13% | -3.79% | - | +3.45% | +5.82% | +12.21% |
Change | -0.027777 | -0.016574 | -0.008797 | - | +0.008019 | +0.013513 | +0.028362 |
Level | Major | Intermediate | Intermediate | - | Intermediate | Minor | 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 |
---|---|---|---|---|---|---|---|
Standard | 0.132174 | 0.157587 | 0.195028 | 0.220441 | 0.257882 | 0.283295 | 0.320736 |
Camarilla | 0.215184 | 0.220946 | 0.226707 | 0.232469 | 0.238231 | 0.243992 | 0.249754 |
Woodie | 0.138188 | 0.160594 | 0.201042 | 0.223448 | 0.263896 | 0.286302 | 0.326750 |
Fibonacci | 0.157587 | 0.181597 | 0.196431 | 0.220441 | 0.244451 | 0.259285 | 0.283295 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.118525 | 0.146262 | 0.181279 | 0.209016 | 0.244033 | 0.271770 | 0.306787 |
Camarilla | 0.199038 | 0.204790 | 0.210543 | 0.216295 | 0.222048 | 0.227800 | 0.233552 |
Woodie | 0.122164 | 0.148082 | 0.184918 | 0.210836 | 0.247672 | 0.273590 | 0.310426 |
Fibonacci | 0.146262 | 0.170234 | 0.185044 | 0.209016 | 0.232988 | 0.247798 | 0.271770 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.033901 | 0.079951 | 0.124287 | 0.170337 | 0.214673 | 0.260723 | 0.305059 |
Camarilla | 0.143768 | 0.152053 | 0.160339 | 0.168624 | 0.176909 | 0.185195 | 0.193480 |
Woodie | 0.033045 | 0.079523 | 0.123431 | 0.169909 | 0.213817 | 0.260295 | 0.304203 |
Fibonacci | 0.079951 | 0.114478 | 0.135809 | 0.170337 | 0.204864 | 0.226195 | 0.260723 |
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): | 59.08 | |
MACD (12,26,9): | 0.0011 | |
Directional Movement: | 0.335953 | |
AROON (14): | 14.285715 | |
DEMA (21): | 0.231216 | |
Parabolic SAR (0,02-0,02-0,2): | 0.190787 | |
Elder Ray (13): | 0.002247 | |
Super Trend (3,10): | 0.215425 | |
Zig ZAG (10): | 0.232510 | |
VORTEX (21): | 1.0595 | |
Stochastique (14,3,5): | 42.48 | |
TEMA (21): | 0.231302 | |
Williams %R (14): | -53.89 | |
Chande Momentum Oscillator (20): | -0.000594 | |
Repulse (5,40,3): | -0.6434 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0738 | |
Courbe Coppock: | 1.11 |
MA7: | 0.226257 | |
MA20: | 0.210762 | |
MA50: | 0.191611 | |
MA100: | 0.211544 | |
MAexp7: | 0.230721 | |
MAexp20: | 0.229779 | |
MAexp50: | 0.228123 | |
MAexp100: | 0.226601 | |
Price / MA7: | +2.69% | |
Price / MA20: | +10.24% | |
Price / MA50: | +21.26% | |
Price / MA100: | +9.83% | |
Price / MAexp7: | +0.70% | |
Price / MAexp20: | +1.11% | |
Price / MAexp50: | +1.85% | |
Price / MAexp100: | +2.53% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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