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.
Minaprotocol
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.
MINA UPDATE TARGET HIT PERFECTLYOne of my best trade setups.
The Diamond Top pattern played out perfectly and hit my target of $2.90.
Mina is currently trying to break through FIB 0.382 as Resistance at $3.61 on the Daily.
4 hour it has broke and trying to claim as support.
Very happy with how the chart is holding up.
Not Financial Advice.
MINA/BTC#MINA is having a good buying zone: 0.0000625~0.00006877
You can divide the investment capital reasonably to hold if you see a good setup
Short and medium term target key level (time frame 12h):
1/ 0.00008192
2/ 0.00010387
3/ 0.00011347
#BTC will continue to shake at the price area of 44000$
setup plan for risk management
Good luck !
Same investor same move ;)Hello everyone :)
We see that the move we called Liquidity run before ended with an average of 60%. He seems to have started a similar movement now, and the volume at the beginning of the movement is same. Most likely, the smart money in this coin plans to make the same move again. Since this person or community is satisfied with an average of 60% profit, it would be reasonable to take profit from the place shown in the chart or before as a target.
Good luck to everyone. If you have any questions, don't hesitate to ask...
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MINAUSDT trade analysisMINAUSDT trade with double top has completed double bottom. Now it will boost up towards 100% Fib level.
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MINAUSD Long Q1 of 2022 is full with Bullish News for Mina Protocols, we should see a volume in Buying before the FOMO, the Area of $4, $4,50 Showed a Good Support, with $5,50 to $6 a good resistance. Breaking and closing the D chart above $6 will send us to the $8 Area and $10 Area, where i think we might close the year.