MINAUSDT trade ideas
MINA setup ideaHey everyone, checkout Mina chart, everything is explained on chart.
We are in a trading range right now, break of this level can end to a sharp move toward higher prices, Ghost feed is drawn on cahrt, you can see the path I think the price will follow.
Enjoy
keep in mind, its not a financial advice, its just an idea, trade on your own risk management.
MINA 4HOURS CHART ANALYSISHello friends,
MINA will see a downward to 3.990 and then you can enter as a buyer, everything is clear on the chart I don't like making things complicated to let the chart clear to everyone
TARGETS:
tp2: 6.050
tp3: 8.131
DISCLAIMER: This is not an financial advice (its my own opinion) Please only invest what you can afford to lose, and do your own research before investing and don't forget after first target reached move ur stop to breakeven (stop loss is part of profit).
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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/USDT my long strategy before possible aggresive uptrend
Perspective in 4H
I'm waiting for those levels to be taken and with it my orders been filled.
Strong fundamentals; the lightest Zero-knowledge smart contracts plataform (11kb fix! ) This Layer 1 protocol had just rejected previous daily candle ATH (14 sept.). Also during November the first Snapps should come out and it might result in a catalyzer.
I've several orders placed and will wait peacefully unless my invalidation is pushed; Daily candle ATH 6.158 resistance turns into support (in Daily or 4h chart)
As a stop loss I'll keep an eye if Weekly 4.598 support turns into resistence in 4h chart.
This is how my orders look like. My targer is to catch a super bullish wick. Hopefully it will play out as expected.
#MINAUSDT (Watchlist) 10/21
#MINA maybe worth it to add this coin to your Watchlist. 👀
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Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R)
The descending triangle pattern is one of the top continuation patterns that appear in the middle of a trend. in the current situation for trend and market, Mina did a retracement move by 50% from last ATH at $6.5 and it holding well above daily support at $3.5 for more than 30 days!
so if the market goes up we think MINA will continue bullish wave 2 to $8.5/9.5 as new ATH so this coin deserves to keep it on your watchlist.
Ps:
Breakdown $3.5 with Daily close below = Panic sell for MINA!
add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for entry.!!
Ps:
we avoid trading any coin if the entire project for it is based on gambling, prostitution, human trafficking, borrowing, and lending, etc.
This is not financial advice, The purpose of these Charts is to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. the Cryptocurrency market is very volatile and involves gains and losses as well so know very well what you are heading towards before engaging in it.
The information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism.
Good luck to All.
🙏we ask Allah reconcile and repay🙏
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.