MINAUSDT trade ideas
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.
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.
——
Resistance 1 : Downtrend line / Top of triangle
Resistance 2 : Upper band of the BB
——
Support 1 : Bottom of triangle
Support 2 : Lower band of the BB
——
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 💗