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MINA / TetherUS

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MINAUSDT trade ideas

MINAUSDT is testing the resistanceBINANCE:MINAUSDT is testing the 4-hour resistance after a breakout from a triangle pattern. A triangle pattern is a technical chart pattern formed by drawing two converging trendlines connecting a series of lower highs and higher lows. The pattern can be symmetrical, ascending, or descending. Typically, the triangle pattern is characterized by decreasing trading volume and volatility as the price moves closer to the tip of the triangle. A clear breakout from the triangle pattern with significant volumes can be a strong indication of the direction of the next price move. According to Plancton's Rules, if the price of BINANCE:MINAUSDT creates a clear breakout from the $0.775 area, it may suggest a bullish trend, with the next target being a retest of the 0.618 Fibonacci level. Traders could consider entering a new long position with the expectation of a continued uptrend.
by InkyGrip
6
MINAUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for MINAUSDT R1 and R2 are the resistance areas in this chart with their presentation of the disability of the price to rise at several points. And S1 is a support area at the bottom with its support of price at different points. At the present, the price has a fluctuation above S1 and we observe that the market has entered its fourth descending trend and we predict it will experience a rise after touching our support line. We must wait for some confirmation candles to rise and an increase would be there for the price to reach R1 (which is a good point for saving your profits). By having more fixation over R1, more rise is expected for the price. It is even possible that the price loses the support and moves below S1 and via giving us some falling signs, more decline will definitely be waiting for the price toward lower amounts. Please be careful about various points and details and note that for enjoying less risky trades, we recommend you to obtain every piece of information and details through our analyses and updates. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
2
MINAUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower (im in pos from 0.62) Targets: 1 - 1.3 - 1.5 after first target reached move ur stop to breakeven Stop: ~0.58 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 5 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
2