MINA
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.
🆓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
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%.
Mina in a Marathon, Resistance Bids Still ExistIn March, Mina coin saw a V-shaped recovery with a price action pole and flag pattern in the daily price chart.
MINA coin price is rising above the 0.5 Fibonacci retracement level; still, it is yet to break the 0.786 Fibonacci level (Bullish barrier).
There is no doubt that buyers have control over the MINA coin and the moving averages are the biggest paradigm of this. However, the crucial 20, 50, 100 and 200 EMAs are well below the live price.
During the bullish rally, the daily RSI is forming above the half-line (50-mark) and is currently looking in overbought territory.
The Average Directional Index is moving at 39-point, which indicates a strong bullish trend for the MINA coin.
Although MENA is under bullish consolidation, it remains below the 0.786 Fibonacci retracement level which could affect the directional trend. For more upside, the bulls need to break this barrier with massive trading volume for stability.
Resistance level- $4.0 and $6.4
Support level- $3.5 and $4.1
MINA/USDT BREAKOUT, BUY AT THE RETEST!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this MINA/USDT TRADE setup. MINA looks good here.
MINA is breaking out from the falling wedge in the daily time frame. Wait for the retest and place your bids in the given range.
Entry range:- $2.3-$2.4
Target1:- $2.78
Target2:- $3.26
Target3:- $3.44
Target4:- $3.88
SL:- $2.16
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MINAUSD Major bullish break-out above the Channel DownMINA just broke above the Channel Down that it has been trading in since the November 11 2021 Double Top. The 1D RSI has made a Higher High and in fact is at its highest level since November 13 2021. Both of the above are early indications that the coin is at the early stages of a new major rally.
In fact, the last time the price broke above the 1D MA50 (blue trend-line) in such fashion was on July 31 2021. That was when the aggressive rally of August - September 2021 started. Interestingly enough, both sequences display the same bottom structure formation. Technically, MINA should target the 6.55 Resistance on the long-term.
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MINAUSDT (Mina protocol) 21-1-22 to 18-3-22 Midhigher Rangemina/usdt midhigher timeframe range, if you think it logically if a ALT moves a lot thats actually open up opportunity's . look its moved between its zones, we got intraday setups, swing setups even scalp setup. lots of options if executed properly could have made some nice profits. only problem i see that its popped out of the zone and consolidate but if you turn on the volume you can obviously see those are accumulation from swing and range traders to take out profit from the other zones by buying or selling.