MINA - MINA/USD - 1H - Technical analysis published on 07/07/2023 (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 bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.460030 USD
My targets
0.441000 USD (-3.50%)
0.407400 USD (-10.85%)
My analysis
The bearish trend is currently very strong for MINA PROTOCOL - MINA/USD. As long as the price remains below the resistance at 0.460030 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.441000 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.407400 USD as an objective. Crossing it would then enable sellers to target 0.395000 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.1
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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 price is 0.457000 USD. The price registered a decrease of -0.04% on the session with the lowest point at 0.452600 USD and the highest point at 0.461000 USD. The deviation from the price is +0.97% for the low point and -0.87% for the high point.0.452600
0.461000
0.457000
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MINA PROTOCOL - MINA/USD:
Technical
A technical analysis in 1H of this MINA PROTOCOL - MINA/USD chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals 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 generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.395000 | 0.441000 | 0.457000 | 0.460030 | 0.477965 | 0.496600 |
| Change (%) | -13.57% | -3.50% | - | +0.66% | +4.59% | +8.67% |
| Change | -0.062000 | -0.016000 | - | +0.003030 | +0.020965 | +0.039600 |
| Level | Minor | Intermediate | - | Major | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.399167 | 0.428133 | 0.442667 | 0.471633 | 0.486167 | 0.515133 | 0.529667 |
| Camarilla | 0.445238 | 0.449225 | 0.453213 | 0.457200 | 0.461188 | 0.465175 | 0.469163 |
| Woodie | 0.391950 | 0.424525 | 0.435450 | 0.468025 | 0.478950 | 0.511525 | 0.522450 |
| Fibonacci | 0.428133 | 0.444750 | 0.455016 | 0.471633 | 0.488250 | 0.498516 | 0.515133 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.373800 | 0.407400 | 0.450800 | 0.484400 | 0.527800 | 0.561400 | 0.604800 |
| Camarilla | 0.473025 | 0.480083 | 0.487142 | 0.494200 | 0.501258 | 0.508317 | 0.515375 |
| Woodie | 0.378700 | 0.409850 | 0.455700 | 0.486850 | 0.532700 | 0.563850 | 0.609700 |
| Fibonacci | 0.407400 | 0.436814 | 0.454986 | 0.484400 | 0.513814 | 0.531986 | 0.561400 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.205267 | 0.291133 | 0.389067 | 0.474933 | 0.572867 | 0.658733 | 0.756667 |
| Camarilla | 0.436455 | 0.453303 | 0.470152 | 0.487000 | 0.503848 | 0.520697 | 0.537545 |
| Woodie | 0.211300 | 0.294150 | 0.395100 | 0.477950 | 0.578900 | 0.661750 | 0.762700 |
| Fibonacci | 0.291133 | 0.361345 | 0.404722 | 0.474933 | 0.545145 | 0.588522 | 0.658733 |
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): | 32.39 | |
| MACD (12,26,9): | -0.0081 | |
| Directional Movement: | -24.651422 | |
| AROON (14): | -85.714286 | |
| DEMA (21): | 0.459551 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.472424 | |
| Elder Ray (13): | -0.006094 | |
| Super Trend (3,10): | 0.473981 | |
| Zig ZAG (10): | 0.459000 | |
| VORTEX (21): | 0.8144 | |
| Stochastique (14,3,5): | 17.76 | |
| TEMA (21): | 0.456934 | |
| Williams %R (14): | -78.01 | |
| Chande Momentum Oscillator (20): | -0.010400 | |
| Repulse (5,40,3): | -0.7128 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2100 | |
| Courbe Coppock: | 9.91 |
| MA7: | 0.488271 | |
| MA20: | 0.476595 | |
| MA50: | 0.497286 | |
| MA100: | 0.590390 | |
| MAexp7: | 0.461496 | |
| MAexp20: | 0.469963 | |
| MAexp50: | 0.481981 | |
| MAexp100: | 0.489157 | |
| Price / MA7: | -6.40% | |
| Price / MA20: | -4.11% | |
| Price / MA50: | -8.10% | |
| Price / MA100: | -22.59% | |
| Price / MAexp7: | -0.97% | |
| Price / MAexp20: | -2.76% | |
| Price / MAexp50: | -5.18% | |
| Price / MAexp100: | -6.57% |
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.
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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