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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MINAUSDT
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
#MINA/USDT 4h (OKX Futures) Broadening wedge breakdown & retestMina Protocol printed a shooting star then lost 50MA support, seems likely to retrace down next.
⚡️⚡️ #MINA/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (4.0X)
Amount: 5.2%
Current Price:
1.1488
Entry Targets:
1) 1.1738
Take-Profit Targets:
1) 1.0603
Stop Targets:
1) 1.2306
Published By: @Zblaba
CSE:MINA OKX:MINAUSDT.P #MinaProtocol #Web3 minaprotocol.com
Risk/Reward= 1:2.0
Expected Profit= +38.7%
Possible Loss= -19.4%
Estimated Gaintime= 5-10 days
MINAUSDT Finale: The 5th Wave and the 100% Growth PotentialEmbarking on an Elliott Wave journey, MINAUSDT stands on the brink of concluding a major uptrend, gracefully navigating through the final crescendo of the 5th wave. A pivotal moment unfolds as MINA finds a sturdy support at the 61.8% Fibonacci retracement level, offering a crucial foundation for further ascent. The key lies in the daily closing price, remaining above this level, ensuring a continuation of the compelling price increase.
In this strategic analysis, MINAUSDT reveals its uptrend climax, with the nearest upside target set at $1.89—a mark that aligns seamlessly with the double Fibonacci resistance level. As we decode the wave dynamics, it becomes evident that the $1.89 threshold is not just a number but a strategic milestone signaling a grand finale.
MINA/USDT Breakout the bullish pennant. Bullish Momentum ??💎 MINA has undeniably garnered significant attention in the market. Recently, MINA executed a flawless bounce from the demand zone, which had previously served as a supply zone, displaying a notable pattern of touching and bouncing twice.
💎 In its current position, MINA has broken out of the Bullish Pennant pattern and is presently undergoing a retesting phase at the trendline. Should this retesting phase prove valid and receive support from the market, the price probability will likely sustain its upward trajectory and retest our intended strong resistance area.
💎 However, if MINA fails to maintain its upward momentum and experiences a false breakout, the price may regress to the demand area for the third time.
💎 In the demand area, a decisive bounce is essential. Should MINA merely consolidate in this region without exhibiting a bounce, there is a potential risk of losing the demand area, subsequently leading to a descent toward the key support area.
MINA/USDT Perfect Bounce On the support. Ready for Continue UP??💎 MINA has recently undergone significant developments in the market. Presently, MINA has executed a flawless bounce from the support area, previously acting as resistance.
💎 Observing the candle, there's a likelihood that MINA will sustain the upward movement and attempt to break out of the pattern. A successful breakout, probability could a continuation of the upward trend, reaching our target Bearish OB area.
💎 However, if MINA fails to bounce from the support and breaks down this crucial area, it could signal a bearish trend. The support zone holds immense significance, and a movement back to the downside is plausible, targeting the key support area, and potentially extending further downward.
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
minaThe green box is a very important area that should not be broken, and if it wants to be broken, it can proceed according to the green line, but if it wants to be supported, which is my opinion on support in this area, another line can be used to help, the important point is that it should These two yellow lines must be broken in the first step so that a scalp buying process can be considered
Mina : 580 days of this torture ends NOW!Hey
Mina just exited a 580 days accumulation/bottoming/TORTURING range
The tech + team are making this an "imbalanced" play, with bullish catalysts around the corner
My targets are the grey area, but at least 40% will be kept until the final 10x close to 10 usd
GL
MINA/USDT particularly as it approaches a critical supply area.💎 MINA has consistently captured the market's attention, particularly as it approaches a critical supply area. Historically, MINA has faced strong rejections at this point, but a successful breakthrough in this supply area now could herald a significant upward movement, with the next target being the probability of our identified daily resistance.
💎 However, if MINA fails to surpass this resistance and instead remains in a consolidation phase near this level over the next few days, it risks another rejection. This could see MINA reverting to its support levels or potentially even reaching its key support.
💎 The key support level is pivotal for maintaining MINA's bullish momentum. Should MANA fail to bounce back upon reaching this crucial support, and if it cannot sustain levels above this key support, it risks a breakdown. A failure to hold above this key support could lead to further decline, possibly taking MANA to lower levels.
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.