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MINAUSD

MINAUSD Will be extremely bullish if it breaks this ResistanceMINAUSD has been on a short-term Parabolic Rally since it broke above the 1D MA50 (blue trend-line) and later the 1D MA200 (orange trend-line). Right now it is approaching the most important Resistance Cluster of the past 6 months as not is it just below the November 10 2022 Lower Highs trend-line (basically the Bear Cycle Resistance) but also the 1W MA50 (red trend-line (that has never been broken) and the 0.9950 August 10 High. It is easy to realize that breaking above this cluster will make Mina gain incredible buying momentum and new buyers will enter the market for the long-term. Ideally we would like to see a 1D candle closing above the 0.382 Fibonacci retracement level. Then our targets will be each upper Fib level in succession. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:MINAUSD
by TradingShot
3
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. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
KRAKEN:MINAUSDLong
by TradingShot
4