MINA - MINA/USD
MINA - MINA/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
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High / Low range: -
Type: Cryptocurrencies
Ticker: MINAUSD
ISIN:

MINA - MINA/USD - 1H - Technical analysis published on 02/10/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Slightly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.813544 USD
My targets
0.964967 USD (+7.46%)
0.976000 USD (+8.69%)
My analysis
The basic trend is currently slightly bullish on MINA PROTOCOL - MINA/USD and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 0.813544 USD, purchases could be favourable. The first bullish objective would be the resistance located at 0.964967 USD. Then the price could move towards 0.976000 USD. A return under the support to 0.813544 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.

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
4.8

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 0.898000 USD. On the day, this instrument gained +21.32% with the lowest point at 0.713300 USD and the highest point at 0.898800 USD. The deviation from the price is +25.89% for the low point and -0.09% for the high point.

0.713300
0.898800
0.898000

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of MINA PROTOCOL - MINA/USD indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:

Central Indicators

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



In fact, 14 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found no further results concerning independent technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 0.774000 0.813544 0.893500 0.898000 0.976000
Change (%) -13.81% -9.40% -0.50% - +8.69%
Change -0.124000 -0.084456 -0.004500 - +0.078000
Level Major Minor Major - Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.5000000.6050000.6726000.7776000.8452000.9502001.017800
Camarilla0.6927350.7085570.7243780.7402000.7560220.7718430.787665
Woodie0.4813000.5956500.6539000.7682500.8265000.9408500.999100
Fibonacci0.6050000.6709330.7116670.7776000.8435330.8842670.950200


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3375670.4884330.6512670.8021330.9649671.1158331.278667
Camarilla0.7278330.7565880.7853440.8141000.8428560.8716120.900368
Woodie0.3435500.4914250.6572500.8051250.9709501.1188251.284650
Fibonacci0.4884330.6082670.6823000.8021330.9219670.9960001.115833


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0286330.2247670.5358330.7319671.0430331.2391671.550233
Camarilla0.7074200.7539130.8004070.8469000.8933930.9398870.986380
Woodie0.0861000.2535000.5933000.7607001.1005001.2679001.607700
Fibonacci0.2247670.4185170.5382160.7319670.9257171.0454161.239167

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 61.67
MACD (12,26,9): -0.0056
Directional Movement: 17.486850
AROON (14): 78.571429
DEMA (21): 0.761349
Parabolic SAR (0,02-0,02-0,2): 0.712848
Elder Ray (13): 0.049639
Super Trend (3,10): 0.730573
Zig ZAG (10): 0.814800
VORTEX (21): 1.0132
Stochastique (14,3,5): 63.47
TEMA (21): 0.764439
Williams %R (14): -29.35
Chande Momentum Oscillator (20): 0.083600
Repulse (5,40,3): 5.0765
ROCnROLL: 1
TRIX (15,9): -0.2942
Courbe Coppock: 5.39
MA7: 0.806900
MA20: 0.750870
MA50: 0.593486
MA100: 0.578969
MAexp7: 0.777316
MAexp20: 0.771397
MAexp50: 0.789531
MAexp100: 0.802882
Price / MA7: +11.29%
Price / MA20: +19.59%
Price / MA50: +51.31%
Price / MA100: +55.10%
Price / MAexp7: +15.53%
Price / MAexp20: +16.41%
Price / MAexp50: +13.74%
Price / MAexp100: +11.85%

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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