Minaprotocol
(MINA) GOOD TIME TO BUYHello everyone !
Today the Black Cat Trader is analyzing MINA based on a Daily chart.
What we can see :
- MINA is still trading under the downtrend line (yellow) and prices are stuck into a compression triangle.
- Note that prices are stuck under the EMA21.
- The Bollinger bands are tightened and horizontally frame the price for 1 month now.
- MACD is totally neutral
We are clearly in an accumulation mode right now.
What we can expect :
If prices manage to break the downtrend line, wait a pullback on the new support to take position. Note that, according to the Fib circles, we can expect an event by the end of November.
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Resistance 1 : Downtrend line / Top of triangle
Resistance 2 : Upper band of the BB
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Support 1 : Bottom of triangle
Support 2 : Lower band of the BB
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TP1 : 12,73 $ (1.618)
TP2 : 18,28 $ (2.618)
TP3 : 23,84 $ (3.618)
TP4 : 29,39 $ (4.618)
IF YOU LIKE THIS POST, FEEL FREE TO LEAVE A LIKE AND FOLLOW THE BLACK CAT TRADER
MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
UPDATE: Mina breakout resistance lineMina has breakout the resistance level and close 4H candle above it, we can see a bullish trend to $8.
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DYDXUSDT
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▶️ Buy: 4.7
⭐ Target 1: $5.5
⭐ Target 2: $6.3
⭐ Target 3: $8
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Good luck 💗
MINA MID/LONGTERM IDEAOne of the other stronger L1 projects out there. We saw some serious price surge by other L1 competitors like $FTM and $SOL .
MINA will do a similar surge within this run. Targets are given, even 30USD is doable depending on Bitcoin ofcourse, marketcap of MINA is not that high (yet) . Always DYOR and happy trading!
MINAUSD might heading for a moon ride.This is my thought for MINA. It looks like following a perfect parallel channel . It's very likely we will see $19 by first week of Nov. If it breaks the Kings resistance we will get a chance of Moon ride.
This is completely my thought. Please take it as a study purpose.
Mina hit the 4.358 resistance 07/09 :) LOL who dropped it
Mina hit the resistance at 4.358 :)) LOL who dropped it
I see this is a holding coin and it was pumped soon, lucky to have bought it and maximized profits for a few rounds. hope to soon 5 u . I closed the principal and part of the profit, maintaining a part of the profit to keep the position