IOTA - MIOTA/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	MIOTAUSD
ISIN:

IOTA - MIOTA/USD - Daily - Technical analysis published on 09/18/2019 (GMT)

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Neutral

Technical indicators

72%

11%

17%

My opinion

Bullish above 0.268841 USD

My targets

0.405593 USD (+38.61%)

0.460696 USD (+57.44%)

My analysis

The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for IOTA - MIOTA/USD as long as the price remains well above 0.268841 USD. The buyers” bullish objective is set at 0.405593 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.460696 USD. If there is any crossing, the next objective would be the resistance located at 0.512869 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

FORCE

Comment on the analysis

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

The IOTA - MIOTA/USD rating is 0.292608 USD. The price has increased by +11.71% since the last closing with the lowest point at 0.261206 USD and the highest point at 0.314620 USD. The deviation from the price is +12.02% for the low point and -7.00% for the high point.

0.261206

0.314620

0.292608

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of this Daily chart of IOTA - MIOTA/USD indicates that the overall trend is not clearly defined. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

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 resistance of triangle

Type : Bearish

Timeframe : Daily

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.239211	0.268841	0.292608	0.405593	0.460696	0.512869
Change (%)	-18.25%	-8.12%	-	+38.61%	+57.44%	+75.28%
Change	-0.053397	-0.023767	-	+0.112985	+0.168088	+0.220261
Level	Major	Intermediate	-	Minor	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	0.233047	0.240303	0.251123	0.258379	0.269199	0.276455	0.287275
Camarilla	0.256973	0.258630	0.260287	0.261944	0.263601	0.265258	0.266915
Woodie	0.234830	0.241194	0.252906	0.259270	0.270982	0.277346	0.289058
Fibonacci	0.240303	0.247208	0.251474	0.258379	0.265284	0.269550	0.276455

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.220797	0.226891	0.237264	0.243358	0.253731	0.259825	0.270198
Camarilla	0.243109	0.244618	0.246128	0.247637	0.249147	0.250656	0.252165
Woodie	0.222937	0.227961	0.239404	0.244428	0.255871	0.260895	0.272338
Fibonacci	0.226891	0.233181	0.237068	0.243358	0.249648	0.253535	0.259825

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.264303	0.323701	0.286603	0.346001	0.308903	0.368301	0.331203
Camarilla	0.243372	0.245416	0.247460	0.249504	0.251548	0.253592	0.255637
Woodie	0.216054	0.299577	0.238354	0.321877	0.260654	0.344177	0.282954
Fibonacci	0.323701	0.332220	0.337483	0.346001	0.354520	0.359783	0.368301

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):	55.20
MACD (12,26,9):	0.0067
Directional Movement:	13.160519
AROON (14):	71.428569
DEMA (21):	0.267321
Parabolic SAR (0,02-0,02-0,2):	0.237422
Elder Ray (13):	0.021441
Super Trend (3,10):	0.358212
Zig ZAG (10):	0.292698
VORTEX (21):	1.0459
Stochastique (14,3,5):	23.21
TEMA (21):	0.280855
Williams %R (14):	-62.72
Chande Momentum Oscillator (20):	0.052553
Repulse (5,40,3):	14.5373
ROCnROLL:	1
TRIX (15,9):	0.0405
Courbe Coppock:	24.76

MA7:	0.275903
MA20:	0.253710
MA50:	0.258142
MA100:	0.314423
MAexp7:	0.275559
MAexp20:	0.261980
MAexp50:	0.269460
MAexp100:	0.293977
Price / MA7:	+6.05%
Price / MA20:	+15.33%
Price / MA50:	+13.35%
Price / MA100:	-6.94%
Price / MAexp7:	+6.19%
Price / MAexp20:	+11.69%
Price / MAexp50:	+8.59%
Price / MAexp100:	-0.47%

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

Online

Overall rating :

15111

Number of analyses :

72990

Followers :

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…