#MINAUSDT: Is a Major Breakdown Imminent? Key Levels to WatchYello, Paradisers! Are you prepared for a major shift in #MINAUSDT? The setup we're seeing might just be pointing towards a bearish move but let's break it down to confirm if we're really on the brink of a market shift.
💎 #MINAUSDT is showing clear signs of bearish momentum from the critical supply zone at $0.5239, hinting at a potential breakdown in the current market structure. The price has been hovering within an ascending channel, but pressure is building.
💎 If #MINAUSDT breaks below the key ascending support and closes a candle beneath it, we could see a strong confirmation of a bearish continuation with the price likely to drop significantly from here.
💎 On the flip side, if the price rises from this level and fails to break down, there’s still a high probability of a bearish reversal from the strong supply zone around $0.5842. However, to further solidify this outlook, we need to wait for an internal CHoCH (Change of Character) that aligns with the bearish structure. Patience here is key to avoid false moves.
💎 That said, if the price manages to break out and closes a candle above the strong supply it would invalidate our bearish outlook. In that case, it's crucial to stay on the sidelines and wait for a more reliable setup to emerge before making any new moves.
As always, Paradisers, discipline and patience are your best tools. Rushing into trades without clear confirmation can lead to costly mistakes. Remember, the best traders wait for the highest-probability setups, and this is no different. Stay focused, keep an eye on the key levels, and trade smart! 💪.
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MINAUSD
#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
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 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-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 $1 level. We have a higher stability moving average of 100
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 1.10
The first goal is 1.22
The second goal is 1.34
the third goal is 1.45
MINUSD CLear technical findings show an extreme bullish caseHi guys. I am always on the lookout for assets with clear signs of macrotrends. One that caught my attention was a crypto altcoin called MINAUSD.
This analysis is on 1 week timeframe. Signs found on macro timeframes can have powerful moves to upside or downside.
Notice firstly the horizontal black trendline around 1.40-1.50$.
This was an area for last couple weels we've been battling with as resistance.
It also coincides with a potential Ascending triangle pattern.
This battle is highlighted by the orange rectangle. This can be identified as a consolidation zone.
We are currently breaking out of both the consolidation zone, as well as the ascending triangle pattern.
Important to wait for confirmation which would be a candle close showing support on 1.40$ lvl.
We do have a lower wick on our current candle (showcasing demand and support) BUT remember this weeks candle just begun. We must wait till sunday for the weekly candle close. If we continue this current trajectory, we will see confirmation. However, there is always potential for a fakeout so this week is crucial.
Notice how right above us. There is really no price action acting as support. Just 6 total candles.
My opinion is that we will quickly move up to the 3.50$ area. Once bitcoin stalls and altcoins get liquidity injected into them. AND Support is confirmed.
Keep an eye on updates with other signs and indicator signals in near future to support my claims.
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Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
Stay tuned for more updates on MINAUSD in the near future.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
MINA/USDT gearing up for bullish move?👀🚀Mina Analysis💎 Paradisers, get ready for a potential bullish run with #MINAUSDT, as it begins to exhibit signs of an upswing from a strong demand zone.
💎 Our current analysis indicates that #MINA is encountering resistance at the supply zone around $1.3182. With market sentiments currently leaning towards the sellers, there's a considerable chance we might see the price dip before regaining strength. A pivotal moment awaits at the demand level of $0.9750; if #MINA can sustain momentum here, we're likely to witness a robust bullish movement.
💎 In the event that #MINA does not follow the above trajectory, pay close attention to the demand level at 0.8034. This level is critical, acting as a Point of Interest (POI) owing to its significant liquidity. If the upward trend falters, we anticipate a bullish rebound from this mark. However, should the price fall below this level, we could see a marked downward trend.
Long MinaEntry 1.37
Targeting 2.12 with profits along the way
SL 1.18
RRR 4
This is an early trade for me as that Cup and Handle pattern has not been confirmed with a break of the neckline. However, I am betting on BTC to 70k and it will drag these alts along. All good volume is on the underside of MINA rn, so we should see quite an explosion to the upside once that neckline is broken IMO.
MINA target 2.51D time frame
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MINA is creating a continuation structure since increasing to 1.63 with 380%. There are many kinds of possible continuation structure, the better one is cup and handle. If MINA makes cup and handle, then cannot go below 1.1, which allow us to set a trading plan with great risk to reward ratio.
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TP: 2.5
SL: 1.09
MINA IS BULLISHWe looked at the MINA wave counter. It seems to be a large diametric that started for the E wave.
By keeping the green box, it can move towards the targets.
We have an important supply on the chart, if it breaks, we will have access to the second and third targets.
Closing a daily candle below the green box 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 LOOKS BULLISHThe supply range of the previous analysis was broken and a trigger has been issued for the above targets.
We looked at the MINA wave counter. It seems to be a large diametric that started for the E wave.
By keeping the green box, it can move towards the targets.
We have an important supply on the chart, if it breaks, we will have access to the second and third targets.
Closing a daily candle below the green box 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 LOOKS BEARISHThe MINA symbol has a bear structure. Because CH and iBOS have good bears. We have a good supply at the top and a liquidity pool at the bottom.
A dynamic resistance also passes above the price. It is expected that the price will move from the specified supply to the specified demand
Closing a daily candle above the Supply range 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
Trading on best candle (MINA)❤️❤️Thanks for boosting 🚀 and supporting us!
📈I trading in best candle.
📊 (Entry) : 1.303
🔴 Stop Loss : 1.256
🎯 Take Profit : 1.37-1.46-1.57
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
#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