MINA
#MINA (SPOT) entry range( 0.4000- 0.4900) T.(1.2020) SL(0.3832)BINANCE:MINAUSDT
entry range ( 0.4000- 0.4900)
Target1 (0.6360)- Target2 (0.8300)- Target3 (1.0150) -Target4 (1.2020)
2 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (0.3832)
*** collect the coin slowly in the entry range ***
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MINA SWING LONG IDEA - CRYPTO MARKET ALTSEASON The price ran 2023’s swing lows and got rejected with an impulsive wick, bringing it back into the 2023-2024 range. I believe this action has reached the max pain point for this coin.
After sweeping significant lows, the price showed strong upward momentum, breaking the weekly structure and initiating a bullish trend. The daily upward momentum is also increasing, which suggests we may see some retracements, but the target is the purple lines, 2024 highs, and potentially smashing all-time highs.
The fundamentals of this coin are also strong. I believe the coin’s fundamentals will act as a catalyst, driving strong bullish momentum during the 2024-2025 altcoin season.
#MINA/USDT#MINA
The price is moving in a descending channel on the 12-hour frame and is sticking to it very well and is about to break upwards
We have a bounce from the lower limit of the channel at 0.3900
We have an upward trend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.4790
First target 0.5996
Second target 0.6687
Third target 0.7551
MINAUSDT.4HExamining the 4-hour chart for MINA/USDT, we notice a prevailing downward trend with the price currently at around $0.4372. The chart displays a series of lower highs and lower lows, a hallmark of bearish momentum over the observed period.
Trend Analysis: A descending trendline captures the series of lower highs, indicating sustained selling pressure. The price recently tested this trendline and was rejected, reinforcing the strength of this downward trajectory.
Key Support and Resistance Levels:
Support 1 (S1): $0.3203 - This level represents a significant low point on the chart where the price could potentially stabilize or rebound if it continues to fall.
Resistance 1 (R1): $0.6060 - This marks the most recent peak before the price retraced. Overcoming this level would be crucial for reversing the current bearish sentiment.
Technical Indicators:
MACD: The Moving Average Convergence Divergence (MACD) line is close to the signal line, indicating a potential for either direction, but still below zero which suggests bearish dominance.
RSI: The Relative Strength Index (RSI) at approximately 59 indicates a neutral momentum, neither overbought nor oversold, suggesting potential for either upward or downward movement.
Conclusion: Given the established downtrend and current resistance testing, caution is advisable. The strategy would involve monitoring for any potential breaks above the trendline as a sign of bullish reversal. Should the price approach the support at $0.3203, watching for a strong bounce or further decline will be critical. Trading should consider these levels for setting entry and exit points, with a close watch on the MACD and RSI for any signs of momentum shift. Setting stop losses just below the support levels can help mitigate risk in case of a breakdown.
maybe this time its differentmina's team has been teasing about programmability for the longest time (~2 years i think).
its finally launched and some dapps are popping up (utility to be seen).
no 'killer apps' yet. but what they do feature is zk proofs (hopefully).
long term might make some moves.
currently the same market cap as launch despite price going down.
MinaMina protocol is said to be the world’s lightest blockchain; its size remains only 22 KB! Regardless of how many transactions are performed on the network.
Anyway, MINA chart is interesting-like its size-there are three lines closing toward each other that shows compression. We have to wait and see if this compression can result in an upward movement or not. Let's see what happens.
A descending trendline has been identifiedThe trend of MINA in higher time frames and overall remains in a ranging pattern, consistently moving sideways. A descending trendline has been identified, with the price currently stuck below this line and unable to break through.
The support and demand zone for MINA might prompt positive reactions. The likely scenario is a return to the specified demand zone, followed by an attempt to break the descending trendline.
Triangle's topThe overall trend of MINA is rang, and we are seeing good fluctuations. It has a triangle pattern, and the price is currently continuing its range within this triangle, now positioned at the triangle's top.
The price might drop to the bottom of the triangle, and from there, it can move upwards to break the triangle.
MINA Eyes Bullish Breakout: Potential RallyThe price is currently trading around $0.8137, having shown a recent increase in buying volume at $0.78.
There is a significant resistance level around $0.9941, which the price needs to overcome to continue its upward movement.
Key Levels to Watch:
Immediate Resistance at $0.9941 : Overcoming this level could see the price move towards the next resistance at $1.6048.
Immediate Support at $0.7272 : If the price falls, this level might act as a support.
Volume Analysis : The annotation on the chart indicates an increase in buying volume around the $0.78 level. This suggests that buyers are stepping in, which could provide support for a potential upward move.
Future Projections:
If the price breaks above the $0.9941 resistance , the next target could be the $1.6048 level.
If the price fails to hold above the current support levels, particularly $0.7272 , it could retest lower support levels at $0.3709 .
In summary, a potential bullish reversal following a long-term downtrend. Key resistance levels to watch are $0.9941 and $1.6048, while support levels to monitor are $0.7272 and $0.3709. The increase in buying volume around $0.78 is a positive sign for potential upward movement.
MINA looks bullishA Trigger Line is formed.
Higher Ls are forming and buyers look strong.
It can move up to maintain the green range.
Closing a 4-hour candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#MINA/USDT#MINA
We have a bearish channel pattern on a 12-hour frame, the price moves within it and adheres to its limits well
We have a green support area at 0.7300 after the price touched it and bounced from it
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that supports the price higher
Entry price is 0.8000
The first target is 0.8946
The second target is 0.9761
the third target is 1.0540
$MINA Long setupHey everyone! Here’s our CRYPTO:MINAUSD Long setup.
This set-up is for medium-long term holding. Excellent bullish RSI and huge upside potential based on fibo. A real #GEM for this Bull Market.
Avg entry for this long position: 1.3 - 1.4
Take profit levels presented on chart as well as SL
We recommend this asset for spot purchase.
MINA/USDT descending resistance breakout?👀🚀Mina Analysis
💎 Paradisers, get ready for a thrilling opportunity with #MINAUSDT as it approaches a critical point in its descending resistance, gearing up for a bullish breakout.
💎 Historically, we've seen #MINA adhering to a descending resistance pattern. Currently, it's on the cusp of a breakout. If the price can surpass this resistance and maintain its momentum, there’s a high chance it could launch into a robust bullish rally towards the supply area at $1.1355. While there's a possibility of encountering some resistance at this level, it’s crucial not to panic but to stay alert and monitor market sentiments closely. Surpassing this supply area could lead to a significant upward movement.
💎 On the flip side, if the price CSE:MINA loses momentum and the anticipated breakout doesn’t materialize, falling below the support level of $0.7406 could tilt the scales towards a prolonged bearish trend. In such a scenario, maintaining vigilance and applying strategic trading tactics are vital for navigating the markets successfully.
MyCryptoParadise
iFeel the success🌴
MINA-PROTOCOL (MINA)Mina Protocol is a succinct blockchain designed to reduce computational requirements to run DApps more efficiently. Mina has been branded as the world's lightest blockchain, because its size is designed to remain constant despite growth in usage. It also introduces a novel "zk-SNARKs" technology which stands for zero-knowledge succinct non-interactive arguments of knowledge, enabling data privacy and high security.
Considering its technological advancements and market momentum, the next price targets for MINA could be set at $1.40 and $2.30. These targets are based on current market trends and the ongoing interest in blockchain platforms that offer unique solutions like Mina Protocol.
#MINA/USDT#MINA
The price is moving in a bearish channel on a 4-hour frame.
The price is moving within it and adhering to it to a large extent. We have a support area in green, from which it rebounded at the $1 level. We have a higher stability moving average of 100
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 1.10
The first goal is 1.22
The second goal is 1.34
the third goal is 1.45
MINA LongMina is a lightweight blockchain (22kb) that uses zero knowledge proofs for secure, scalable decentralized applications (zkApps).
Mina Protocol's monthly commits by Full-Time Devs are at the highest level it has been. The team is building something special.
Definitely one to keep on the radar for a breakout entry.
Alikze »» MINA | Pullback to dynamic trigger is brokenIn the daily time, after the failure of the dynamic trigger and the support in the green box range, it has already tried to break the neckline several times, which it has not succeeded in breaking so far. But according to the structure that created higher floors and pits facing up, a triangle corner pattern was also formed. If the fake break occurs from the bottom and is supported in the green box range, it will have the ability to continue to the next supply area.
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MINA/USDT bullish reversal from support? 👀 🚀MINA analysis💎Paradisers, prepare for an enthralling ride with #MINAUSDT. Positioned at a pivotal support level, it hints at a robust leap into bullish territory.
💎 A standout feature is its escape from a descending trendline, propelling #MINA on an optimistic trajectory. This shift marks the resurgence of bullish momentum, favoring a surge upwards. If this energy persists, the $1.7238 resistance zone stands as our next target.
💎 Conversely, should #MINA face obstacles and struggle to maintain its stride, a bullish effort from the $0.9763 support level could be in play. However, a descent below this threshold may prompt the asset to revisit the trendline it recently overcame, indicating a critical juncture for its short-term direction.