MINA - MINA/USD - 1H - Technical analysis published on 09/02/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 0.378960 USD
My targets
0.365000 USD (-1.88%)
My analysis
The bearish basic trend is very strong on MINA PROTOCOL - MINA/USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.378960 USD. Crossing the first support at 0.365000 USD would be a sign of a further potential price plummet. Caution, a return to above the resistance located at 0.378960 USD would be a sign of a possible consolidation phase of the short-term basic trend. 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
5.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MINA PROTOCOL - MINA/USD rating is 0.372000 USD. The price is lower by -0.05% since the last closing with the lowest point at 0.368700 USD and the highest point at 0.376500 USD. The deviation from the price is +0.90% for the low point and -1.20% for the high point.0.368700
0.376500
0.372000
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MINA PROTOCOL - MINA/USD:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of MINA PROTOCOL - MINA/USD indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by 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:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.365000 | 0.372000 | 0.378960 | 0.386433 | 0.394056 |
| Change (%) | -1.88% | - | +1.87% | +3.88% | +5.93% |
| Change | -0.007000 | - | +0.006960 | +0.014433 | +0.022056 |
| Level | Intermediate | - | Major | Minor | 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 | 0.351133 | 0.358067 | 0.365133 | 0.372067 | 0.379133 | 0.386067 | 0.393133 |
| Camarilla | 0.368350 | 0.369633 | 0.370917 | 0.372200 | 0.373483 | 0.374767 | 0.376050 |
| Woodie | 0.351200 | 0.358100 | 0.365200 | 0.372100 | 0.379200 | 0.386100 | 0.393200 |
| Fibonacci | 0.358067 | 0.363415 | 0.366719 | 0.372067 | 0.377415 | 0.380719 | 0.386067 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.340667 | 0.361533 | 0.376767 | 0.397633 | 0.412867 | 0.433733 | 0.448967 |
| Camarilla | 0.382073 | 0.385382 | 0.388691 | 0.392000 | 0.395309 | 0.398618 | 0.401928 |
| Woodie | 0.337850 | 0.360125 | 0.373950 | 0.396225 | 0.410050 | 0.432325 | 0.446150 |
| Fibonacci | 0.361533 | 0.375324 | 0.383843 | 0.397633 | 0.411424 | 0.419943 | 0.433733 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.203567 | 0.285133 | 0.330567 | 0.412133 | 0.457567 | 0.539133 | 0.584567 |
| Camarilla | 0.341075 | 0.352717 | 0.364358 | 0.376000 | 0.387642 | 0.399283 | 0.410925 |
| Woodie | 0.185500 | 0.276100 | 0.312500 | 0.403100 | 0.439500 | 0.530100 | 0.566500 |
| Fibonacci | 0.285133 | 0.333647 | 0.363619 | 0.412133 | 0.460647 | 0.490619 | 0.539133 |
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): | 48.27 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -2.402873 | |
| AROON (14): | -21.428571 | |
| DEMA (21): | 0.372524 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.375233 | |
| Elder Ray (13): | -0.000061 | |
| Super Trend (3,10): | 0.376929 | |
| Zig ZAG (10): | 0.373000 | |
| VORTEX (21): | 1.0325 | |
| Stochastique (14,3,5): | 54.27 | |
| TEMA (21): | 0.373291 | |
| Williams %R (14): | -44.87 | |
| Chande Momentum Oscillator (20): | -0.001200 | |
| Repulse (5,40,3): | 0.0671 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0157 | |
| Courbe Coppock: | 0.40 |
| MA7: | 0.384343 | |
| MA20: | 0.403970 | |
| MA50: | 0.432280 | |
| MA100: | 0.457187 | |
| MAexp7: | 0.372939 | |
| MAexp20: | 0.373221 | |
| MAexp50: | 0.375461 | |
| MAexp100: | 0.379615 | |
| Price / MA7: | -3.21% | |
| Price / MA20: | -7.91% | |
| Price / MA50: | -13.94% | |
| Price / MA100: | -18.63% | |
| Price / MAexp7: | -0.25% | |
| Price / MAexp20: | -0.33% | |
| Price / MAexp50: | -0.92% | |
| Price / MAexp100: | -2.01% |
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.
About author
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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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