MINA - MINA/USDT - 1H - Technical analysis published on 03/22/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 2.18 USDT
My targets
2.37 USDT (+6.28%)
My analysis
MINA PROTOCOL - MINA/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 2.18 USDT. The next resistance located at 2.37 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.9
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Additional analysis
Quotes
The MINA PROTOCOL - MINA/USDT price is 2.23 USDT. The price registered an increase of +6.70% on the session and was traded between 2.07 USDT and 2.28 USDT over the period. The price is currently at +7.73% from its lowest and -2.19% from its highest.2.07
2.28
2.23
The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on MINA PROTOCOL - MINA/USDT were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of MINA PROTOCOL - MINA/USDT in 1H shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 1.93 | 2.07 | 2.18 | 2.23 | 2.37 |
| Change (%) | -13.45% | -7.17% | -2.24% | - | +6.28% |
| Change | -0.30 | -0.16 | -0.05 | - | +0.14 |
| Level | Minor | Intermediate | Intermediate | - | 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 | 1.89 | 1.96 | 2.03 | 2.10 | 2.17 | 2.24 | 2.31 |
| Camarilla | 2.05 | 2.06 | 2.08 | 2.09 | 2.10 | 2.12 | 2.13 |
| Woodie | 1.88 | 1.96 | 2.02 | 2.10 | 2.16 | 2.24 | 2.30 |
| Fibonacci | 1.96 | 2.02 | 2.05 | 2.10 | 2.16 | 2.19 | 2.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.94 | 1.26 | 1.72 | 2.04 | 2.50 | 2.82 | 3.28 |
| Camarilla | 1.96 | 2.03 | 2.10 | 2.17 | 2.24 | 2.31 | 2.39 |
| Woodie | 1.00 | 1.30 | 1.78 | 2.08 | 2.56 | 2.86 | 3.34 |
| Fibonacci | 1.26 | 1.56 | 1.75 | 2.04 | 2.34 | 2.53 | 2.82 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.16 | 0.96 | 1.59 | 2.39 | 3.02 | 3.82 | 4.45 |
| Camarilla | 1.84 | 1.97 | 2.10 | 2.23 | 2.36 | 2.49 | 2.62 |
| Woodie | 0.09 | 0.92 | 1.52 | 2.35 | 2.95 | 3.78 | 4.38 |
| Fibonacci | 0.96 | 1.50 | 1.84 | 2.39 | 2.93 | 3.27 | 3.82 |
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): | 63.81 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 20.74 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 2.19 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.13 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 2.12 | |
| Zig ZAG (10): | 2.23 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 68.10 | |
| TEMA (21): | 2.22 | |
| Williams %R (14): | -27.62 | |
| Chande Momentum Oscillator (20): | 0.15 | |
| Repulse (5,40,3): | -0.3500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 10.46 |
| MA7: | 2.12 | |
| MA20: | 1.93 | |
| MA50: | 2.26 | |
| MA100: | - | |
| MAexp7: | 2.20 | |
| MAexp20: | 2.16 | |
| MAexp50: | 2.14 | |
| MAexp100: | 2.10 | |
| Price / MA7: | +5.19% | |
| Price / MA20: | +15.54% | |
| Price / MA50: | -1.33% | |
| Price / MA100: | - | |
| Price / MAexp7: | +1.36% | |
| Price / MAexp20: | +3.24% | |
| Price / MAexp50: | +4.21% | |
| Price / MAexp100: | +6.19% |
Quotes :
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Real time data
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