MINA - MINA/USD
MINA - MINA/USD
- USD (-)
- Real time data - CoinMarketCap
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High / Low range: -
Type: Cryptocurrencies
Ticker: MINAUSD
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MINA - MINA/USD - 1H - Technical analysis published on 09/05/2023 (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
39%
22%
39%
My opinion
Bearish under 0.378033 USD
My targets
0.365020 USD (-1.02%)
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 0.378033 USD. Crossing the first support at 0.365020 USD would be a sign of a further potential price plummet. Caution, a return to above the resistance located at 0.378033 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
4.5

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The MINA PROTOCOL - MINA/USD price is 0.368800 USD. The price is lower by -0.03% since the last closing and was between 0.365000 USD and 0.370000 USD. This implies that the price is at +1.04% from its lowest and at -0.32% from its highest.

0.365000
0.370000
0.368800

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 85.71% 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 detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.365020 0.368800 0.368925 0.378033 0.387360
Change (%) -1.02% - +0.03% +2.50% +5.03%
Change -0.003780 - +0.000125 +0.009233 +0.018560
Level Minor - Intermediate Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3489330.3565670.3627330.3703670.3765330.3841670.390333
Camarilla0.3651050.3663700.3676350.3689000.3701650.3714300.372695
Woodie0.3482000.3562000.3620000.3700000.3758000.3838000.389600
Fibonacci0.3565670.3618380.3650950.3703670.3756380.3788950.384167


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3183330.3416670.3568330.3801670.3953330.4186670.433833
Camarilla0.3614130.3649420.3684710.3720000.3755290.3790580.382588
Woodie0.3142500.3396250.3527500.3781250.3912500.4166250.429750
Fibonacci0.3416670.3563740.3654600.3801670.3948740.4039600.418667


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2035670.2851330.3305670.4121330.4575670.5391330.584567
Camarilla0.3410750.3527170.3643580.3760000.3876420.3992830.410925
Woodie0.1855000.2761000.3125000.4031000.4395000.5301000.566500
Fibonacci0.2851330.3336470.3636190.4121330.4606470.4906190.539133

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): 46.35
MACD (12,26,9): -0.0014
Directional Movement: -3.386437
AROON (14): -35.714286
DEMA (21): 0.367204
Parabolic SAR (0,02-0,02-0,2): 0.369304
Elder Ray (13): -0.000188
Super Trend (3,10): 0.374999
Zig ZAG (10): 0.368900
VORTEX (21): 0.8919
Stochastique (14,3,5): 40.74
TEMA (21): 0.366753
Williams %R (14): -41.98
Chande Momentum Oscillator (20): 0.001700
Repulse (5,40,3): 0.4056
ROCnROLL: -1
TRIX (15,9): -0.0543
Courbe Coppock: 1.42
MA7: 0.374471
MA20: 0.391080
MA50: 0.425994
MA100: 0.451190
MAexp7: 0.367794
MAexp20: 0.368942
MAexp50: 0.371008
MAexp100: 0.374017
Price / MA7: -1.51%
Price / MA20: -5.70%
Price / MA50: -13.43%
Price / MA100: -18.26%
Price / MAexp7: +0.27%
Price / MAexp20: -0.04%
Price / MAexp50: -0.60%
Price / MAexp100: -1.39%

Quotes : - Real time data - Cryptocompare

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

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