MINAUSDT.P trade ideas
Current state of the market and Mina reportMina chart is forming a descending triangle (bearish pattern), nonetheless don´t means that the price is going down. On the contrary can easly break up. Even more RSI is making lower highs and higher highs while price is making the same lows (bullish divergence), meaning we are getting momentum. We also can argue that this chart is forming a inverted Head & Shoulders pattern (Bullsih pattern) espeacially in the shorter time frame (12h) wich gives us confluence.
We are seeing exhaustin signs of the bears in all markets. I belive we can see a relief rally to the target (marked in the chart) especially because BTC.D is facing a big resistance. Meaning 1)all alts and bitcoin have more fall ahead (alts disbelieve more than bitcoin) or 2)Alts will go up more and in a fastest way than bitcoin. In my personal opinion given the market conditions I think the second one is wich will play out in the near future. So i can start watching some alts to swing trade and day trade being Mina is one of them.
MINAUSDTHello everyone, according to my analysis, this triangle is broken from the top side, the bottom side is also supported by two downtrend lines, because my time frame is one day, so I targeted the small line inside the triangle, and because the target percentage again It's high, I got the target a wise percentage, be successful and professional.
MINA to 15$you won't Believe it till you miss it!
MR. WeOoO is back
hello guys
as you see MINA is the lightest blockchain bla bla bla
current mcap is 800m
backed by 3 arrows
Now the chart
as you see on the weekly and daily we retested the support with BULL divergence!
RSI and OBV are giving me reversal signs!!!!
now the first target is 15$
but who knows this could have run like to SOLONA
anyway remember one thing
MR. weOOO doesnt have money to buy so you guys enjoy the gains!
🆓Mina (MINA) Apr-24 #MINA $MINA
MINA has a fairly important support zone at the moment, the $2.2 zone. It can still help MINA rally back to the $2.6 and $3.2 zones. But it can still lose this zone and fall to the $1.8 or even $1.4 zone. We need to pay attention to this $2.2 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 2.2$ zone
🔴Buy : 2.2
🔴Sell : 2.6 - 3.2
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 2.2$ zone
🔵Sell : 2.2
🔵Buy : 1.8 - 1.4
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Mina Protocol inverted head and shoulder!Bullish scenario:
Mina Protocol will complete the right shoulder if the price reaches $3.17. This will form an inverted head and shoulder pattern with a price target of $6.46.
Bearish:
Rejection at the neck line ($3.17) will likely send the price back down to the next support line at $2.13.
MINAUSDT | BULLS IN CHARGEBIAS : LONG
Rationale:
After a successful breakout from a bearish trend, price action has finally come in the control of bulls with the HHs ad HLs in the making. At current levels we can take long entry with protection right below the recent HL. Our short term targets are set at the immediate resistance levels. Price action has bounced from a support level which also coincide with the 0.618 Fib level so there is a confluence favoring an upward move.
What are your thoughts?
MINAHi traders!
I have next tip for you. MINA
This is another secret coin like XMR and ZEC.
On this coin is potential for 100% and more clear profit.
Currently above bearish trendline, the buy volume is good and retail don't know about this coin.
Targets 5-6USD, in case of bullish reaction go for 300-500%.
Elevator UpMINA (Layer 1, ZK narrative) - $1.1bn market cap
Broke the downtrend and basing into a solid bull flag.
Raised $92mm couple weeks ago from Three Arrows Capital and FTX Ventures, which should give this a big lift as these investors are incentivized to support the price. This could be the ground floor of a monster move as this gets re-rated in the months ahead.
www.theblockcrypto.com