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MINA

$MINA/BTC 2D (#Binance) Falling wedge breakout and retestMina Procotol just pulled-back after a morning star which is a bullish reversal pattern. Also we can see RSI broke-out, road back to 200MA resistance seems likely! ⚡️⚡️ #MINA/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 6.4% Current Price: 0.00002637 Entry Targets: 1) 0.00002584 Take-Profit Targets: 1) 0.00003384 Stop Targets: 1) 0.00002183 Published By: @Zblaba FWB:MINA #MINABTC #MinaProtocol #PoS #Web3 #ZKP Risk/Reward= 1:2 Expected Profit= +31% Possible Loss= -15.5% Estimated Gaintime= 2-3 months minaprotocol.com
Long
by TradingOn
Bearish Trend and Potential Support LevelsMINA has exhibited a bearish medium-term trend after repeatedly encountering resistance between the price range of $0.87 and $0.93. Over the course of nearly a month, it has maintained a price range of $0.55. However, in recent times, the downward trajectory has persisted, leading to a return to the support range of $0.50. Selling pressure remains substantial, heightening the possibility of reaching an all-time low (ATL) support level within the range of $0.44 to $0.40. When examining the currency's daily timeframe, the trend is downward, having recently broken out of a range channel. Consequently, the lower limit of the broken channel, situated at $0.53, serves as a significant resistance level in the daily timeframe. Simultaneously, considering the prevailing selling pressure in the medium term, a positive response to the established support may increase the likelihood of establishing a wide-ranging trend based on the ATL support. Given favorable market conditions, these levels can be deemed areas of strong demand in the medium term, with the price targets falling within the range of $1.
by MonoCoinSignal
6
Market DynamicsMINA cryptocurrency demonstrates a consistent adherence to established trading patterns, firmly maintaining its position within the support range of $0.54-$0.58. Given the prevailing market dynamics, a cautious approach should be adopted when contemplating conservative long positions, accompanied by the implementation of precise stop loss strategies to mitigate potential risks effectively. It is expected that further consolidation will likely transpire in close proximity to the aforementioned support level, potentially heralding significant market movements in the near future. Furthermore, it is crucial to acknowledge the existence of an additional support level at $0.43-$0.45, which possesses the capacity to exert further influence on the prevailing price dynamics. In assessing the technical indicators, the Relative Strength Index (RSI) presently registers at 42. This reading suggests a state of neutrality, indicative of neither oversold nor overbought conditions within the cryptocurrency. Consequently, it points towards a balanced market sentiment that aligns harmoniously with the ongoing consolidation phase adjacent to the support level. Additionally, the Moving Average Convergence Divergence (MACD) indicator exhibits a value of -0.003. The negative value signifies a bearish inclination in the short term, hinting at a potential deceleration in the upward momentum. However, it is essential to exercise prudence when interpreting this reading, considering the broader market conditions and the consolidation phase unfolding near the support level. By amalgamating the comprehensive analysis of MINA's consistent trading patterns, the anticipated consolidation phase, the existence of an additional support level, and the insights derived from the RSI and MACD indicators, a more informed and professional approach can be undertaken. This approach entails cautious considerations for conservative long positions, meticulous implementation of stop loss strategies, and a careful assessment of multiple factors to navigate the evolving market dynamics effectively.
by MonoCoinSignal
1
MINA hit an important level: Momentum and liquidity analysisBefore we analyse the chart, lets understand what MINA actually is: Utilizes Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge (zk-SNARKs) for authentication. Uses a prover (snarker) to ensure each block commits to the state. Implements Ouroboros Samasika proof-of-stake mechanism for consensus. Verifiers: Users who authenticate consensus information using zk-SNARKs. Block Producers: Stakers or miners who bundle transactions into blocks and earn rewards. Snarkers: Producers of low-cost zk-SNARKs used in transaction verification. Cost Optimization: Snarkers compete to produce low-cost SNARKs. SNARK stands for "Succinct Non-interactive Argument of Knowledge." It is a cryptographic proof that allows someone to authenticate information without revealing the underlying data. SNARKs are used in various blockchain protocols, including Mina Protocol. Snarkers use Zero-knowledge, which means that they allow a prover /node to prove the validity of a statement to a verifier / node without revealing any additional information beyond the validity itself. Despite this relativle modern blockchain format, the price of MINA has been taking a big hit. This is mostly because they started up at the end of the bull run, which means that they wouldn't have much room to grow in the bear market... I want you guys to try to get a fundamental understanding of the coins that you are trading, such that you can understand the tokenomics better. That way you have a better understanding of the supply and what drives the demand of the project Chart analysis for MINA As of right now, the price has hit the bottom of the triangle that MINA is going towards, momentum seems to have reversed which means we could see some upside from here. The Visible Range Volume Profile also shows that there is a lot of liquidity at the levels near the 4H value Line (Contraction zone), this is also where the Point of Control is. The TDIGM is also showing that the momentum line (black line), is being rejected off the bollinger band, statistically, this momentum will be mean reverting, which is why we might see some upside in the mid-term. That's why I see the potential trade that is displayed on the chart. The first target is at the 0.382 fib level. ps. I want to thank all the followers from MJI786's channel, I hope to give you some great insights on the market. Stay safe! I have linked an idea from MJI786 that uses the same concept, but on a higher timeframe with more precise targets.
Long
by IkkeOmar
MINA | MINA shows a bullish sentiment!The crypto market reversed. We should be ready to see an upside movement support by the bearish news from the banking field. I use the bullish momentum for adding more long positions. One of my very important long positions is MINA why ? - MINA is holding above 200MA as a good support. - The price moved above the local swing high (bullish signal!) 🟢Entry price: from now at 0.68 to 0.645 🎯Targets: |> 0.715 |> 0.755 |> 0.79 |> 0.86 🔴Stop-loss: Daily candle closes under 0.63 for risk takers I recommend to place stop-loss order at 0.589 ➡️Recommended risk: 0.25% ➡️Recommended total Positions Size: 1.67%
Long
by Khaledzu
4
Opportunity for the altseason To date, the market has consolidated after a monthly pullback and there are new opportunities for growth for individual coins to turn the weekly candle into a bullish one. Unfortunately, the topcoins did not check the support with daily pinbars, as we would like, and were delayed, which greatly reduces the further growth dynamics. However, the goals are still 2250-2500 on the ETH and 32.5-35k on the BTC, and there should be at least a second attempt to grow on the retest of the previous week. But the most attention is now attracted by the dominance of bitcoin. The powerful level of 47.5% was successfully broken through and there is a trade around the intermediate 47.25. In the case of a departure below and especially a breakdown of 46.75, there is a high probability of a stable trend with test targets of 44, 43.5, 42.5 and a possible departure below by the end of the year. Even against the background of sluggish dynamics of the tops, such a decrease in dominance will give the violas an opportunity to double-check the hai. If the fall of dominance is superimposed on a new wave of top growth, then we will see very powerful breakouts on the alt. While I continue to work with uft pros vib cvp torn perl for pnt ooki and asr atm fantokens, which retain the highest technical goals for growth. Today, torn has every chance to turn the weekly candle into a bullish one again in the 12.5-13.5 area with sufficient volatility.
CRYPTOCAP:BTC.DShort
by Strateg_
MINAUSDT 1HIt is trapped in an LTB (downtrend line), following closely. Now you need to revoke this LTB to go in search of the gravitational center of the Ichimoku cloud around 0.732. In this movement, it is transiting between 0.724 and 0.691. Need to break 0.722 to get out of this LTB Mina Protocol is a zk-SNARKs blockchain that is riding the zk hype ahead of the Ethereum Shanghai upgrade. The team announced the Public Mine Roadmap, a multi-year vision for the future of the protocol. SUPPORTS 0.694 / 0.687 RESISTANCES 0.713 / 0.723 seller RSI MACD: Optimistic
Long
by ferulianov
#MINAUSD - After good Gains, comes a Good Loss#MINA has been trending in this descending parallel channel for well over a year now, swings to top and bottom with plenty of good trades. We've got another cracking trade right here from CTv2 with a Sell signal coming off a trend line rejection - meeting the channel's mid-line with a previous swing low gives us a nice 50% profit target for this trade. _________ What Do You Think? If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️ 🔥🔥🔥 Crypto Tipster v2 theCrypster 🔥🔥🔥
KRAKEN:MINAUSDShort
by theCrypster
14
#MINAUSD - After a Mammoth 100% Gain, What Does this Short OfferWe've had a test and rejection off a historically strong descending trend line - now we've got a Sell signal from CTv2. Looks like there's 2 main areas of support here, one at 17% below current price, the other at 40% below. Set your TP's here and let's go! What Do You Think? If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️ 🔥🔥🔥 Crypto Tipster v2 theCrypster 🔥🔥🔥
KRAKEN:MINAUSDShort
by theCrypster
12
#MINABTC - Another Huge Short Trade Right HereAfter well over a year of super trades coming off Crypto Tipster v2 with #MINA / #BTC we've got another opportunity for some massive profits with this Short trade. There's a few layers and levels of support under the current price which can all represent areas of take profit - but we can see Short profits of 10%, 20% or more! If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️ 🔥🔥🔥 Crypto Tipster v2 theCrypster 🔥🔥🔥
Short
by theCrypster
11
$MINA/#BTC [#Mina]: SuperTrend BBand_Breakout◳◱ We've detected both a Bollinger Band breakout and a Super Trend pattern on the $MINA / $BTC chart. Both indicators are signaling a bullish trend, with the Bollinger Band indicating a potential bullish trend as the price has moved outside of the upper band and the Super Trend showing a bullish trend. This is a stronger bullish signal as both indicators are aligned. It may be a good idea to consider buying at the current price zone and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.00004208 | 0.00004734 | 0.00005566 and the major support zones are at 0.00003376 | 0.0000307 | 0.00002238. However, it is still important to consider other factors such as overall market conditions, and other technical indicators before making a trade decision. ◰◲ General info : ▣ Name: Mina ▣ Rank: 74 ▣ Exhanges: Binance, Gateio, Kraken ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: Mina is a "lightweight" smart contract platform with aspirations to be a global payment system. It aims to address the scalability issues present in existing blockchains where the cost to verify the blockchain grows proportionally with total transaction throughput. In these cases, the cost of running a network node eventually exceeds the resources available to most real-world users. The goal of Mina is to design a decentralized payment system that offers efficient verification of system history from genesis without relying on any external advice. This is achieved by the following properties: A formal notion of a “succinct blockchain” Generic functionalities modeled as replicated state machines using incrementally computable SNARKs Concrete implementation of a payments system called Mina Ouroboros Samasika, a provably-secure PoS consensus protocol that is adaptively secure and offers bootstrapping from genesis. Parallel scan state to improve transaction confirmation time beyond the limits otherwise imposed by the proof construction. Performance evaluation report of executing the protocol involving a public community. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00003072 ₿ ▣ 24HVol: 19.904 ₿ ▣ 24H Chng: 5.278% ▣ 7-Days Chng: -23.51% ▣ 1-Month Chng: -29.41% ▣ 3-Months Chng: 14.00% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00004208 | 0.00004734 | 0.00005566 ◢ Support: 0.00003376 | 0.0000307 | 0.00002238 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -0.47 ▣ Last 90D: 1.00 ▣ Last 1-Y: -0.30 ▣ Last 3-Y: -0.34 ◲◰ Volatility : ▣ Last 30D: 1.70 ▣ Last 90D: 1.30 ▣ Last 1-Y: 1.14 ▣ Last 3-Y: 1.46 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.50 - Bullish ▣ Reddit sentiment score is 0.69 - Bullish ▣ In-depth MINABTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
2