MIRROR PROTOCOL - MIR/USD - Daily - Technical analysis published on 06/12/2022 (GMT)
- 291
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : WITHOUT TARGET
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 0.213000 USD
My targets
-
My analysis
The bearish trend is currently very strong for MIRROR PROTOCOL - MIR/USD. As long as the price remains below the resistance at 0.213000 USD, you could try to take advantage of the bearish rally. 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 are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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This analysis was given by Gstar99. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MIRROR PROTOCOL - MIR/USD rating 0.203600 USD. The price is lower by -4.64% since the last closing with the lowest point at 0.202400 USD and the highest point at 0.218300 USD. The deviation from the price is +0.59% for the low point and -6.73% for the high point.0.202400
0.218300
0.203600
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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 LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this MIRROR PROTOCOL - MIR/USD 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 detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.203600 | 0.213000 | 0.521000 | 1.613860 |
| Change (%) | - | +4.62% | +155.89% | +692.66% |
| Change | - | +0.009400 | +0.317400 | +1.410260 |
| Level | - | 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 | 0.146200 | 0.174100 | 0.193800 | 0.221700 | 0.241400 | 0.269300 | 0.289000 |
| Camarilla | 0.200410 | 0.204773 | 0.209137 | 0.213500 | 0.217863 | 0.222227 | 0.226590 |
| Woodie | 0.142100 | 0.172050 | 0.189700 | 0.219650 | 0.237300 | 0.267250 | 0.284900 |
| Fibonacci | 0.174100 | 0.192283 | 0.203517 | 0.221700 | 0.239883 | 0.251117 | 0.269300 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.103400 | 0.152700 | 0.183100 | 0.232400 | 0.262800 | 0.312100 | 0.342500 |
| Camarilla | 0.191583 | 0.198888 | 0.206194 | 0.213500 | 0.220806 | 0.228112 | 0.235418 |
| Woodie | 0.093950 | 0.147975 | 0.173650 | 0.227675 | 0.253350 | 0.307375 | 0.333050 |
| Fibonacci | 0.152700 | 0.183145 | 0.201955 | 0.232400 | 0.262845 | 0.281655 | 0.312100 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.162833 | -0.480867 | -0.094933 | 0.587033 | 0.972967 | 1.654933 | 2.040867 |
| Camarilla | -0.002673 | 0.095218 | 0.193109 | 0.291000 | 0.388891 | 0.486782 | 0.584673 |
| Woodie | -1.310850 | -0.554875 | -0.242950 | 0.513025 | 0.824950 | 1.580925 | 1.892850 |
| Fibonacci | -0.480867 | -0.072929 | 0.179096 | 0.587033 | 0.994971 | 1.246996 | 1.654933 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 31.98 | |
| MACD (12,26,9): | -0.0878 | |
| Directional Movement: | -4.080578 | |
| AROON (14): | -85.714286 | |
| DEMA (21): | 0.157051 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.451454 | |
| Elder Ray (13): | -0.043308 | |
| Super Trend (3,10): | 0.364769 | |
| Zig ZAG (10): | 0.205700 | |
| VORTEX (21): | 0.9942 | |
| Stochastique (14,3,5): | 3.33 | |
| TEMA (21): | 0.223381 | |
| Williams %R (14): | -97.74 | |
| Chande Momentum Oscillator (20): | -0.085500 | |
| Repulse (5,40,3): | -25.1219 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -3.2991 | |
| Courbe Coppock: | 49.59 |
| MA7: | 0.233443 | |
| MA20: | 0.279130 | |
| MA50: | 0.551424 | |
| MA100: | 1.115142 | |
| MAexp7: | 0.231227 | |
| MAexp20: | 0.291678 | |
| MAexp50: | 0.556720 | |
| MAexp100: | 0.890611 | |
| Price / MA7: | -12.78% | |
| Price / MA20: | -27.06% | |
| Price / MA50: | -63.08% | |
| Price / MA100: | -81.74% | |
| Price / MAexp7: | -11.95% | |
| Price / MAexp20: | -30.20% | |
| Price / MAexp50: | -63.43% | |
| Price / MAexp100: | -77.14% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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