MINA - MINA/USD - 1H - Technical analysis published on 12/02/2023 (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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 0.737055 USD
My targets
0.770088 USD (+2.41%)
0.805569 USD (+7.12%)
My analysis
The bullish trend is currently very strong on MINA PROTOCOL - MINA/USD. As long as the price remains above the support at 0.737055 USD, you could try to benefit from the boom. The first bullish objective is located at 0.770088 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.805569 USD as an objective. Crossing it would then enable buyers to target 0.872911 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 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
0
10
7.3
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Additional analysis
Quotes
MINA PROTOCOL - MINA/USD rating 0.751997 USD. On the day, this instrument lost -0.19% and was between 0.741271 USD and 0.771278 USD. This implies that the price is at +1.45% from its lowest and at -2.50% from its highest.0.741271
0.771278
0.751997
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of MINA PROTOCOL - MINA/USD in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.669683 | 0.699998 | 0.737055 | 0.751997 | 0.770088 | 0.805569 | 0.872911 |
| Change (%) | -10.95% | -6.91% | -1.99% | - | +2.41% | +7.12% | +16.08% |
| Change | -0.082314 | -0.051999 | -0.014942 | - | +0.018091 | +0.053572 | +0.120914 |
| Level | Minor | Major | Major | - | Intermediate | Intermediate | 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 | 0.663638 | 0.688318 | 0.720856 | 0.745536 | 0.778074 | 0.802754 | 0.835292 |
| Camarilla | 0.737659 | 0.742904 | 0.748149 | 0.753394 | 0.758639 | 0.763884 | 0.769129 |
| Woodie | 0.667567 | 0.690283 | 0.724785 | 0.747501 | 0.782003 | 0.804719 | 0.839221 |
| Fibonacci | 0.688318 | 0.710175 | 0.723679 | 0.745536 | 0.767393 | 0.780897 | 0.802754 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.336976 | 0.457632 | 0.631600 | 0.752256 | 0.926224 | 1.046880 | 1.220848 |
| Camarilla | 0.724547 | 0.751555 | 0.778562 | 0.805569 | 0.832576 | 0.859583 | 0.886591 |
| Woodie | 0.363633 | 0.470960 | 0.658257 | 0.765584 | 0.952881 | 1.060208 | 1.247505 |
| Fibonacci | 0.457632 | 0.570178 | 0.639709 | 0.752256 | 0.864802 | 0.934333 | 1.046880 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.246810 | 0.404012 | 0.558506 | 0.715708 | 0.870202 | 1.027404 | 1.181898 |
| Camarilla | 0.627283 | 0.655855 | 0.684427 | 0.712999 | 0.741571 | 0.770143 | 0.798715 |
| Woodie | 0.245455 | 0.403335 | 0.557151 | 0.715031 | 0.868847 | 1.026727 | 1.180543 |
| Fibonacci | 0.404012 | 0.523080 | 0.596641 | 0.715708 | 0.834776 | 0.908337 | 1.027404 |
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): | 58.51 | |
| MACD (12,26,9): | 0.0040 | |
| Directional Movement: | 20.007575 | |
| AROON (14): | -35.714285 | |
| DEMA (21): | 0.751810 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.737056 | |
| Elder Ray (13): | 0.004734 | |
| Super Trend (3,10): | 0.732459 | |
| Zig ZAG (10): | 0.751989 | |
| VORTEX (21): | 1.0809 | |
| Stochastique (14,3,5): | 34.99 | |
| TEMA (21): | 0.751223 | |
| Williams %R (14): | -64.25 | |
| Chande Momentum Oscillator (20): | 0.007221 | |
| Repulse (5,40,3): | 0.3792 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0853 | |
| Courbe Coppock: | 0.46 |
| MA7: | 0.730611 | |
| MA20: | 0.674854 | |
| MA50: | 0.601371 | |
| MA100: | 0.490090 | |
| MAexp7: | 0.749628 | |
| MAexp20: | 0.746327 | |
| MAexp50: | 0.738139 | |
| MAexp100: | 0.730355 | |
| Price / MA7: | +2.93% | |
| Price / MA20: | +11.43% | |
| Price / MA50: | +25.05% | |
| Price / MA100: | +53.44% | |
| Price / MAexp7: | +0.32% | |
| Price / MAexp20: | +0.76% | |
| Price / MAexp50: | +1.88% | |
| Price / MAexp100: | +2.96% |
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.
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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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