MINA/USDT bullish reversal from support? 👀 🚀MINA analysis💎Paradisers, prepare for an enthralling ride with #MINAUSDT. Positioned at a pivotal support level, it hints at a robust leap into bullish territory.
💎 A standout feature is its escape from a descending trendline, propelling #MINA on an optimistic trajectory. This shift marks the resurgence of bullish momentum, favoring a surge upwards. If this energy persists, the $1.7238 resistance zone stands as our next target.
💎 Conversely, should #MINA face obstacles and struggle to maintain its stride, a bullish effort from the $0.9763 support level could be in play. However, a descent below this threshold may prompt the asset to revisit the trendline it recently overcame, indicating a critical juncture for its short-term direction.
MINAUSDT
MINA/USDT Ready for a Bullish Momentum? 👀🚀MINA Analysis💎Paradisers, take notice as #MINAUSDT is on an intriguing path, edging towards vital support following a pushback from formidable resistance.
💎If the price maintains its drive, there's a high likelihood of a resurgence from this point, mirroring the support's historical ability to catalyze a vigorous bullish response on four distinct occasions.
💎At the moment, #Mina is under bearish control, as evident from the large red candles signaling intense selling pressure. Nonetheless, we're staying proactive, closely monitoring the price's reaction at this critical support level. Upon receiving confirmation, we'll thoughtfully strategize our entry.
💎For the discerning trader, if #MINA's momentum at this crucial support wanes and it breaks lower, our attention will shift towards seeking a bullish recovery from the next demand zone, buoyed by liquidity. There exists a substantial possibility for CSE:MINA to recover from this dip, whereas a further descent could lead to a pronounced bearish trend.
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.
Bullish Breakout on MINA: A Long Trade OpportunityThe technical chart analysis for BINANCE:MINAUSDT on a daily timeframe presents an appealing case for a long position. With a confluence of bullish indicators and patterns, this chart beckons traders to consider entering a long trade. The following bullet points will elucidate the rationale behind this potential trade opportunity.
Arguments for Entering a Long Trade:
Bullish Pennant Formation: The price has formed higher lows, indicated by the lower trend line, while repeatedly testing a resistance level around the upper Resistance line area, depicted by the red arrows, which is characteristic of Bullish Pennant pattern. This pattern often precedes upward breakouts.
Breakout and Retest: The price has recently broken above the triangle’s resistance, which may now act as a new support level, suggesting a successful retest of the breakout.
Volume Increase: There is a visible increase in trading volume on upswings (orrange arrows), which supports the breakout's validity.
Moving Average Support: The 50 Exponential Moving Average (EMA, in green) has provided dynamic support, and prices are trending above it, which is a bullish sign.
Stochastic RSI Bullish Crossover: The Stochastic RSI (Stoch) at the bottom pane shows a recent bullish crossover (circle in the green zone), indicating rising momentum.
Relative Strength Index (RSI): The RSI is in a neutral zone, neither overbought nor oversold, which suggests there is room for upward price movement without immediate concerns of being overextended.
The evidence on the chart suggests a strong potential for continued upward movement for BINANCE:MINAUSDT , presenting a compelling opportunity for a long trade. With multiple technical indicators aligning in favor of the bulls, traders might look to capitalize on this setup. However, it is crucial to manage risk appropriately, setting stop losses below key support levels, and to be aware of market conditions that may impact the trade. Always consider your personal risk tolerance and financial situation before entering any trade.
Trade Execution Plan:
Entry Point: Look for consolidation above the new support level post-breakout for entry confirmation.
Stop Loss: Set a stop loss below the ascending triangle's trendline or the most recent swing low to manage risk.
Take Profit: Aim for a profit target near the height of the ascending triangle projected upwards from the breakout point, while considering previous resistance levels and psychological price points. For me am targeting only 200% TPR
Good Luck
MINA/USDT Trading ScenarioBelow is the scenario of price movement for MINA.
As a result of an extended period of accumulation of large positions at a price of $0.6862, participants have begun to initiate an upward price movement. After completing additional accumulation at around $1.3297, the asset is once again approaching the local maximum and resistance level at the price of $1.6908.
We consider the possibility of conducting a deal on breaking through the local maximum at the price level of $1.6908 with the aim of consolidating above this level and subsequently continuing the upward trend of the asset's value.
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.
MINAUSDT Faces Resistance Hurdle: Breakout or Bearish DivergenceMINAUSDT is encountering a critical resistance level of $1.5484 on the weekly chart. This is the third attempt to break through this level in the daily timeframe.
Technical Analysis:
Resistance: $1.5484 (Weekly)
Support: $1.0113 (Weekly)
Relative Strength Index (RSI): Supported at 50, Bearish Divergence
Key Observations:
MINAUSDT is facing a significant hurdle at a key weekly resistance level. A breakout above this level could signal further upward momentum.
The repeated attempts to break resistance on the daily chart suggest persistent buying pressure.
The RSI is currently at a neutral level (around 50), but there is a potential bearish divergence. This means that the price is making higher highs, but the RSI is not confirming this move by making higher highs itself. This could indicate weakening momentum despite the buying pressure.
If the price cannot overcome resistance, it could find support at $1.0113 on the weekly chart, potentially establishing a trading range between these two levels.
A successful breakout above resistance could lead to further gains towards the next daily resistance level at $2.0344.
Conclusion:
The upcoming price action for MINAUSDT will be crucial. Overcoming the weekly resistance with strong confirmation from the RSI is key for a sustained uptrend. However, the bearish divergence on the RSI suggests a potential for a pullback if the price fails to break through.
This information is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
MINAUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Targets: 1.8 - 2.1 - 2.4
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
DYOR!
mina getting ready for another 50% bullish rally as we now crypto is in uptrend and its easier to find good entries with the trend
seems like mina preparing for another breakout breaking bullish pennant and incase of successful breakout expecting another bullish rally
incase of successful breakout expecting 50% bullish rally in coming days
MINA Analysis: Potential Correction, SELL or BUY Setup?!🍣📈Weekly Channel Breakout and Retest:
MINA previously broke out of its weekly channel and reached its target successfully.
The recent breakdown below the channel indicates a loss of bullish momentum and potential for a retracement.
🔍📉Corrective Phase and Resistance Levels:
If MINA undergoes a correction, it is likely to retrace upwards until reaching its weekly resistance level.
A rejection at this resistance level, coinciding with the RSI reaching the daily blue resistance line, could present a selling opportunity.
🚫Early Sell Setup and Risk Management:
A sell position could be initiated early at the current price level (below the lower channel line) using the red trigger line as confirmation.
Trailing the stop-loss to the lower support zone can help mitigate risk and maximize profit potential.
✅Important Considerations✅
The overall market trend should be taken into account before executing any trades.
Confirming the reversal with additional technical indicators and market sentiment analysis is essential.
🚫This analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research and employ sound risk management practices before trading.
🚫
MINA non stop Train is about to take OFFIf you missed my many Take Off Signals Plz dont miss this one
Mina will not lag much more than this take position and dont miss this
DCA from here and Chil
Copy Spot trading are available now in bitget with 100 % win rate so far , seats are limited , lets make Money
BitcoinJumber
Wanna Buy Some $MINA ? BUY IT HERE !HI Guys !
If you, like me, are optimistic about this Wonderful BINANCE:MINAUSDT and believe in its very high potential , then assuming that the current upward trend in the market is maintained , I think that this sudden price movement will need a short-term break , in which case it is a low-risk buying point . Ter suggests to us that it is specified in the picture.
If the price breaks the specified gray area with momentum , then the low-risk buying point will be after the price hits the specified gray level again .
MINA - A simple Trade#MINA/USDT #Analysis
Description
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+ MINA is bouncing back after hitting the its support zone.
+ I'm looking for confirmed breakout before entering the long position.
+ My entry is targeted towards the resistance breakout around 1.4078. You can enter the trade after the candle close above this price line
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VectorAlgo Trade Details
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Entry Price: 1.4078 (After candle close)
Stop Loss: 1.337
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Target 1: 1.4313
Target 2: 1.4905
Target 3: 1.5567
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Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
MinaUSDT1: A Potential Breakout in the Making? Key Points:
The major cycle is bullish, but the price is currently in a range-bound pattern.
The medium-term cycle is also bullish, and if the weekly candle closes above 1.50, it could turn all three cycles (major, medium, and minor) bullish.
The weekly RSI is below 70, and if the candle closes above the aforementioned level, the RSI is likely to enter the overbought zone, potentially leading to a sharp move upwards in the first half of the following week.
The 7-week SMA has reached the weekly candle, and the indecisive candlestick pattern indicates buyer strength. The 25-week SMA and 99-week SMA have also been broken, further supporting a potential bullish move.
Conclusion:
After the price consolidates above 1.50, with a stop-loss below the previous low of 1.09, there is a strong possibility of a bullish breakout. However, this is just an analysis, and the trade should only be taken if the aforementioned conditions are met.
Additional Notes:
This analysis is based on the TradingView platform.
The author is not a financial advisor, and this analysis should not be taken as financial advice.
Always do your own research before making any investment decisions.
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MinaUSDT1, cryptocurrency, technical analysis, bullish breakout, trading, investment, finance
XRPUSDT IDEAUPDATE
Looking positive to break Triangle in Weekly Time frame.
Successful Breakout can lead a massive bullish move 📈.
COIN DETAILS
XRP Price today is $0.5439, for the last 24 hours 1,352,859,083 XRP coins were exchanged with a trading volume of $735,845,281. It's currently traded on 80 exchanges. The price is down by (-0.02%) for the last 24 hours. It has a circulating supply of 43 billion XRP coins and is ranked #8 by current XRP market cap of $23 billion.
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 has formed a Bullish FlagMINAMINA has formed a Bullish Flag. After the breakout we can expect the trend continuation.
🔵Entry Zone 1.3558 - 1.4278
🔴SL 1.2511
🟢TP1 1.4879
🟢TP2 1.5969
🟢TP3 1.7216
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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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 ANALYSIS🔮 #MINA Analysis 🚀🚀
💲💲 #MINA was trading in a Descending Broadening Wedge Pattern in weekly time frame, give a perfect breakout and trying to retests the levels. If the price of #MINA closes above $1.4000 then we will see a bullish move and also the price of #BTC must stable. 📈📈
💸Current Price -- $1.3803
📈Target Price -- $2.2500
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#MINA #Cryptocurrency #Breakout #DYOR