Get started

Minaprotocol

#MINA/USDT#MINA The price has been moving in a descending triangle since last March Now the price is at the current support areas 0.3700. With an expected target of 0.8300. In the event of a break higher than expected, it will be done in stages In an advanced manner, with saturation of sales on the frame for days The price has always respected the downtrend And the trend from which it bounced upward more than once The support points and expected target are shown on the drawing
Long
by CryptoAnalystSignal
$MINA/BTC 2D (#Binance) Falling wedge breakout and retestMina Procotol just pulled-back after a morning star which is a bullish reversal pattern. Also we can see RSI broke-out, road back to 200MA resistance seems likely! ⚡️⚡️ #MINA/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 6.4% Current Price: 0.00002637 Entry Targets: 1) 0.00002584 Take-Profit Targets: 1) 0.00003384 Stop Targets: 1) 0.00002183 Published By: @Zblaba FWB:MINA #MINABTC #MinaProtocol #PoS #Web3 #ZKP Risk/Reward= 1:2 Expected Profit= +31% Possible Loss= -15.5% Estimated Gaintime= 2-3 months minaprotocol.com
Long
by TradingOn
MINA hit an important level: Momentum and liquidity analysisBefore we analyse the chart, lets understand what MINA actually is: Utilizes Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge (zk-SNARKs) for authentication. Uses a prover (snarker) to ensure each block commits to the state. Implements Ouroboros Samasika proof-of-stake mechanism for consensus. Verifiers: Users who authenticate consensus information using zk-SNARKs. Block Producers: Stakers or miners who bundle transactions into blocks and earn rewards. Snarkers: Producers of low-cost zk-SNARKs used in transaction verification. Cost Optimization: Snarkers compete to produce low-cost SNARKs. SNARK stands for "Succinct Non-interactive Argument of Knowledge." It is a cryptographic proof that allows someone to authenticate information without revealing the underlying data. SNARKs are used in various blockchain protocols, including Mina Protocol. Snarkers use Zero-knowledge, which means that they allow a prover /node to prove the validity of a statement to a verifier / node without revealing any additional information beyond the validity itself. Despite this relativle modern blockchain format, the price of MINA has been taking a big hit. This is mostly because they started up at the end of the bull run, which means that they wouldn't have much room to grow in the bear market... I want you guys to try to get a fundamental understanding of the coins that you are trading, such that you can understand the tokenomics better. That way you have a better understanding of the supply and what drives the demand of the project Chart analysis for MINA As of right now, the price has hit the bottom of the triangle that MINA is going towards, momentum seems to have reversed which means we could see some upside from here. The Visible Range Volume Profile also shows that there is a lot of liquidity at the levels near the 4H value Line (Contraction zone), this is also where the Point of Control is. The TDIGM is also showing that the momentum line (black line), is being rejected off the bollinger band, statistically, this momentum will be mean reverting, which is why we might see some upside in the mid-term. That's why I see the potential trade that is displayed on the chart. The first target is at the 0.382 fib level. ps. I want to thank all the followers from MJI786's channel, I hope to give you some great insights on the market. Stay safe! I have linked an idea from MJI786 that uses the same concept, but on a higher timeframe with more precise targets.
Long
by IkkeOmar
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.
Long
by AlexandreAmaro