MINAUSDT
maybe this time its differentmina's team has been teasing about programmability for the longest time (~2 years i think).
its finally launched and some dapps are popping up (utility to be seen).
no 'killer apps' yet. but what they do feature is zk proofs (hopefully).
long term might make some moves.
currently the same market cap as launch despite price going down.
A descending trendline has been identifiedThe trend of MINA in higher time frames and overall remains in a ranging pattern, consistently moving sideways. A descending trendline has been identified, with the price currently stuck below this line and unable to break through.
The support and demand zone for MINA might prompt positive reactions. The likely scenario is a return to the specified demand zone, followed by an attempt to break the descending trendline.
Triangle's topThe overall trend of MINA is rang, and we are seeing good fluctuations. It has a triangle pattern, and the price is currently continuing its range within this triangle, now positioned at the triangle's top.
The price might drop to the bottom of the triangle, and from there, it can move upwards to break the triangle.
MINA will fly like a feather in the wind.Hello folks , major upgrade coming in a week and as we all know ZK is the endgame . Now on the top of that add a layer1 blockchain with 22k size with an ecosystem and zk programmability . Its a game changer isn’t it ? Im getting ADAs vibes back in 2020 from mina , its ina strong uptrend and gonna leave non believers behind very quickly so pack your bags and ready to fly .
NFA stay safe fam .
MINA Eyes Bullish Breakout: Potential RallyThe price is currently trading around $0.8137, having shown a recent increase in buying volume at $0.78.
There is a significant resistance level around $0.9941, which the price needs to overcome to continue its upward movement.
Key Levels to Watch:
Immediate Resistance at $0.9941 : Overcoming this level could see the price move towards the next resistance at $1.6048.
Immediate Support at $0.7272 : If the price falls, this level might act as a support.
Volume Analysis : The annotation on the chart indicates an increase in buying volume around the $0.78 level. This suggests that buyers are stepping in, which could provide support for a potential upward move.
Future Projections:
If the price breaks above the $0.9941 resistance , the next target could be the $1.6048 level.
If the price fails to hold above the current support levels, particularly $0.7272 , it could retest lower support levels at $0.3709 .
In summary, a potential bullish reversal following a long-term downtrend. Key resistance levels to watch are $0.9941 and $1.6048, while support levels to monitor are $0.7272 and $0.3709. The increase in buying volume around $0.78 is a positive sign for potential upward movement.
MINA looks bullishA Trigger Line is formed.
Higher Ls are forming and buyers look strong.
It can move up to maintain the green range.
Closing a 4-hour candle below the invalidation level 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/USDT#MINA
We have a bearish channel pattern on a 12-hour frame, the price moves within it and adheres to its limits well
We have a green support area at 0.7300 after the price touched it and bounced from it
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that supports the price higher
Entry price is 0.8000
The first target is 0.8946
The second target is 0.9761
the third target is 1.0540
$MINA Long setupHey everyone! Here’s our CRYPTO:MINAUSD Long setup.
This set-up is for medium-long term holding. Excellent bullish RSI and huge upside potential based on fibo. A real #GEM for this Bull Market.
Avg entry for this long position: 1.3 - 1.4
Take profit levels presented on chart as well as SL
We recommend this asset for spot purchase.
MINA/USDT descending resistance breakout?👀🚀Mina Analysis
💎 Paradisers, get ready for a thrilling opportunity with #MINAUSDT as it approaches a critical point in its descending resistance, gearing up for a bullish breakout.
💎 Historically, we've seen #MINA adhering to a descending resistance pattern. Currently, it's on the cusp of a breakout. If the price can surpass this resistance and maintain its momentum, there’s a high chance it could launch into a robust bullish rally towards the supply area at $1.1355. While there's a possibility of encountering some resistance at this level, it’s crucial not to panic but to stay alert and monitor market sentiments closely. Surpassing this supply area could lead to a significant upward movement.
💎 On the flip side, if the price CSE:MINA loses momentum and the anticipated breakout doesn’t materialize, falling below the support level of $0.7406 could tilt the scales towards a prolonged bearish trend. In such a scenario, maintaining vigilance and applying strategic trading tactics are vital for navigating the markets successfully.
MyCryptoParadise
iFeel the success🌴
MINAUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity.
Everything on the chart.
Entry: Market and lower
Targets: 2 - 2.5 - 3.5 - 4.8
after first target reached move ur stop to breakeven
Stop: under 0.4 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 10
risk is justified
It's not financial advice.
DYOR!
MINA-PROTOCOL (MINA)Mina Protocol is a succinct blockchain designed to reduce computational requirements to run DApps more efficiently. Mina has been branded as the world's lightest blockchain, because its size is designed to remain constant despite growth in usage. It also introduces a novel "zk-SNARKs" technology which stands for zero-knowledge succinct non-interactive arguments of knowledge, enabling data privacy and high security.
Considering its technological advancements and market momentum, the next price targets for MINA could be set at $1.40 and $2.30. These targets are based on current market trends and the ongoing interest in blockchain platforms that offer unique solutions like Mina Protocol.
#MINA/USDT#MINA
The price is moving in a bearish channel on a 4-hour frame.
The price is moving within it and adhering to it to a large extent. We have a support area in green, from which it rebounded at the $1 level. We have a higher stability moving average of 100
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 1.10
The first goal is 1.22
The second goal is 1.34
the third goal is 1.45
MINA LongMina is a lightweight blockchain (22kb) that uses zero knowledge proofs for secure, scalable decentralized applications (zkApps).
Mina Protocol's monthly commits by Full-Time Devs are at the highest level it has been. The team is building something special.
Definitely one to keep on the radar for a breakout entry.
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.
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