MINAUSDT
Mina is probably ready to start the third waveGreetings to you crypto lovers. I am sure that many of you have heard about Mina, and maybe even already purchased it for yourself, or are just thinking about buying it. I'm analyzing Elliott waves and I'm going to show you the current wave structure by Mina.
The growth from $0.92 to $6.47 represents a motive phase of the market and is an impulse wave. On September 14, the corrective phase of the market began to unfold in the form of a flat. I assume that the wave (c) of the flat ended at $4.09 or is close to completion. If the flat ended at $4.09, then we have a running flat in front of us, which means that the upcoming third wave will be extended and super-fast. If the wave (c) of the flat is not yet completed, then Mina may decline to $3.75.
I stick to the first idea and expect to see a clear bullish impulse from $4.09.
It is likely that with the upcoming growth, many different positive news about the success of Mina will appear. This will undoubtedly add fuel to the fire.
Mina ProtocolMina Protocol is a minimal “succinct blockchain” built to curtail computational requirements in order to run DApps more efficiently. Mina has been described as the world’s lightest blockchain since its size is designed to remain constant despite growth in usage. Furthermore, it remains balanced in terms of security and decentralization. The project was rebranded from Coda Protocol to Mina in October 2020.
MINA/USDTI really hope that Mina coin will come to very good places in the future and I am investing accordingly.
Mina transaction entry can be taken between 4.20 - 4.10 for a long term.
resistances short term 4,500
Long term should be $40-$80.
Mina coin gerçekten ilerde çok iyi yerlere geleceğini umuyorum ve yatırımımı ona göre yapıyorum.
Mina işleme giriş 4.20 - 4.10 arası uzun vade alınabilir.
Dirençler kısa vadeli 4.500
Uzun vadeli 40$ - 80$ olmalı.
YTD.
Analizlerimi kişisel eğitimim için yapıyorum.
(MINA) GOOD TIME TO BUYHello everyone !
Today the Black Cat Trader is analyzing MINA based on a Daily chart.
What we can see :
- MINA is still trading under the downtrend line (yellow) and prices are stuck into a compression triangle.
- Note that prices are stuck under the EMA21.
- The Bollinger bands are tightened and horizontally frame the price for 1 month now.
- MACD is totally neutral
We are clearly in an accumulation mode right now.
What we can expect :
If prices manage to break the downtrend line, wait a pullback on the new support to take position. Note that, according to the Fib circles, we can expect an event by the end of November.
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Resistance 1 : Downtrend line / Top of triangle
Resistance 2 : Upper band of the BB
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Support 1 : Bottom of triangle
Support 2 : Lower band of the BB
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TP1 : 12,73 $ (1.618)
TP2 : 18,28 $ (2.618)
TP3 : 23,84 $ (3.618)
TP4 : 29,39 $ (4.618)
IF YOU LIKE THIS POST, FEEL FREE TO LEAVE A LIKE AND FOLLOW THE BLACK CAT TRADER
MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
UPDATE: Mina breakout resistance lineMina has breakout the resistance level and close 4H candle above it, we can see a bullish trend to $8.
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DYDXUSDT
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▶️ Buy: 4.7
⭐ Target 1: $5.5
⭐ Target 2: $6.3
⭐ Target 3: $8
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Good luck 💗
MINA for an impulsive move ? MINA is in a nice configuration for entering into a new higher move.
Prices raised since mid July and are consolidating since mid September. MACD Daily cooled off and has now turned bullish.
Price are under resistance and under Daily upper BB, rejection could happen so i will be watching for a break of 4.95$ in daily closure. Or a pullback into 4.4$ where a bullish cross in MACD H4 would give a signal.
Let's see how today's closure will be and we could advise of further plans.
Mina analysis MINA Analysis
MINA is the world's lightest blockchai n.Mina blockchain size is fixed that is 22kb but when you look at the other blockchain they are 300gb also increasing day by day.
Currently it is in descending triangle and trying to breaking it out .We can accumulate some at the current pric e (low quantity) .Try to buy at support zone and always do DCA .
Short term targets are given on the basis of fib extension.
Mid term targets - : 5.874$ ,6.5$