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MINAUSDT Descending Channel breakout
MINA / TetherUS
Long
MINAUSDT Descending Channel breakout
By stromelyD
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Updated
Apr 20, 2022
1
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Apr 19, 2022
Bullish if we break the Descending Channel and 200EMA on 4h
Invalidated if we bounce back from channel's top
Apr 19, 2022
Note
1h closed above descending channel, still bullish
Apr 19, 2022
Note
1h bounced from the 200EMA and from the top of the channel as expected, now we need to close 1h above 200EMA to full send it
Apr 20, 2022
Trade closed: target reached
Idea played out perfectly as predicted, breaking 4h 200EMA further would add to the bullish momentum even more
Chart Patterns
MINA
MINAUSDT
Parallel Channel
stromelyD
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