MINA - MINA/USDT - 1H - Technical analysis published on 02/23/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
72%
6%
22%
My opinion
Bearish under 1.030000 USDT
My targets
0.960000 USDT (-1.18%)
0.890000 USDT (-8.39%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on MINA PROTOCOL - MINA/USDT. As long as you are under the resistance located at 1.030000 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.960000 USDT would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.890000 USDT as an objective. Crossing it would then enable sellers to target 0.740000 USDT. If the resistance 1.030000 USDT were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.4
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This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MINA PROTOCOL - MINA/USDT rating is 0.971500 USDT. The price is lower by -0.46% since the last closing with the lowest point at 0.908600 USDT and the highest point at 0.982900 USDT. The deviation from the price is +6.92% for the low point and -1.16% for the high point.0.908600
0.982900
0.971500
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of MINA PROTOCOL - MINA/USDT in 1H shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.740000 | 0.890000 | 0.960000 | 0.971500 | 1.030000 | 1.100000 | 1.130000 |
| Change (%) | -23.83% | -8.39% | -1.18% | - | +6.02% | +13.23% | +16.31% |
| Change | -0.231500 | -0.081500 | -0.011500 | - | +0.058500 | +0.128500 | +0.158500 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Minor | 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 | 0.775667 | 0.867733 | 0.921867 | 1.013933 | 1.068067 | 1.160133 | 1.214267 |
| Camarilla | 0.935795 | 0.949197 | 0.962598 | 0.976000 | 0.989402 | 1.002803 | 1.016205 |
| Woodie | 0.756700 | 0.858250 | 0.902900 | 1.004450 | 1.049100 | 1.150650 | 1.195300 |
| Fibonacci | 0.867733 | 0.923582 | 0.958085 | 1.013933 | 1.069782 | 1.104285 | 1.160133 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.547333 | 0.718667 | 0.887333 | 1.058667 | 1.227333 | 1.398667 | 1.567333 |
| Camarilla | 0.962500 | 0.993667 | 1.024833 | 1.056000 | 1.087167 | 1.118333 | 1.149500 |
| Woodie | 0.546000 | 0.718000 | 0.886000 | 1.058000 | 1.226000 | 1.398000 | 1.566000 |
| Fibonacci | 0.718667 | 0.848547 | 0.928787 | 1.058667 | 1.188547 | 1.268787 | 1.398667 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.043333 | 0.236667 | 0.543333 | 0.736667 | 1.043333 | 1.236667 | 1.543333 |
| Camarilla | 0.712500 | 0.758333 | 0.804167 | 0.850000 | 0.895833 | 0.941667 | 0.987500 |
| Woodie | 0.100000 | 0.265000 | 0.600000 | 0.765000 | 1.100000 | 1.265000 | 1.600000 |
| Fibonacci | 0.236667 | 0.427667 | 0.545667 | 0.736667 | 0.927667 | 1.045667 | 1.236667 |
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): | 54.75 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | 8.010000 | |
| AROON (14): | 0 | |
| DEMA (21): | 0.940000 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.910000 | |
| Elder Ray (13): | 0.015000 | |
| Super Trend (3,10): | 0.980000 | |
| Zig ZAG (10): | 0.970000 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 78.16 | |
| TEMA (21): | 0.950000 | |
| Williams %R (14): | -5.70 | |
| Chande Momentum Oscillator (20): | 0.050000 | |
| Repulse (5,40,3): | 3.0800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1900 | |
| Courbe Coppock: | 1.42 |
| MA7: | 1.030000 | |
| MA20: | 0.950000 | |
| MA50: | 0.740000 | |
| MA100: | 0.630000 | |
| MAexp7: | 0.960000 | |
| MAexp20: | 0.950000 | |
| MAexp50: | 0.980000 | |
| MAexp100: | 1.000000 | |
| Price / MA7: | -5.68% | |
| Price / MA20: | +2.26% | |
| Price / MA50: | +31.28% | |
| Price / MA100: | +54.21% | |
| Price / MAexp7: | +1.20% | |
| Price / MAexp20: | +2.26% | |
| Price / MAexp50: | -0.87% | |
| Price / MAexp100: | -2.85% |
Quotes :
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Real time data
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