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Minausdtrading

MINAUSD: Two targets after the LH breakout.MINAUSD crossed over the LH trendline that was keeping it inside the Bear Cycle and broke yesterday through the 1D MA50 aggressively. The 1D MA100 (which rejected the price on August 15th) is the next target (TP1 = 0.41500). After that we will wait for the first 4H MA50 pullback to buy and target the R1 level and 1D MA200 in extension (TP2 = 0.49350). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:MINAUSDLong
by InvestingScope
3
MINAUSD: Staging a strong rebound but buy after the HL break.MINAUSD crossed over the 1D MA50 and is having a strong short term rise, however due to the long term decline all year, the 1D technicals remain neutral (RSI = 52.377, MACD = -0.007, ADX = 27.403). According to the RSI, the current Bull Flag is the same as January 15th-25th and as such it is best for you to buy after the price crosses above the HL trendline. We will follow that signal and buy the breakout targeting the 0.786 Fibonacci level (TP = 0.94000). It is obvious that the Fibonacci levels align well with Resistances of the downtrend. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:MINAUSDLong
by InvestingScope