i accidentally posted my last mina ideas privately (Link down)
Unfortunately I unknowingly uploaded my last posts as private - below I have attached the last post.
In the last post I explained that I have already established a larger position around $2 but have set extrem high limit orders in the $1.70-$1.20 range. When we broke the $1.20 down I set more to catch Wicks. The log chart showed absolute capitulation and I expected a strong bounce which happened.
Now we are in the situation that we are testing the lows again which for me is the perfect opportunity for a double bottom. My position is already expanded and Mina is 15% of my portfolio. In the case that I would not have any or not enough I would add now. Mina's short term price movements are of course dependent on BTC and ETH - I have explained my thoughts on my Twitter profile because I do not have enough space with a chart but will post a chart on fundings perhaps.
An interesting Fractle which we follow is the one of Uniswap at the launch and the beginning of the Defi bear market in 2020. The situation reminds me very much in which Mina is.At the top of the run or already in the sale launches a major project which as the market sinks have huge selling pressure (All tokens from the sale still 5x in profits/Uni tokens were free and therefore also in profit). Mina is for me a blockchain project which I see in the worst case in the top50 and due to the market situation probably also a little underperformed. In a progressing bull market I see a high probability that Mina will outperform many L1 Chains.
Last Post on June 18th:
Disclaimer: I am a big fan of the Mina Blockchain and am also running my own Node. (Not a TA play)
I was able to purchase some of my tokens at the Coinlist Sale for $0.25.
I first added to the position on June 8 at around 3.05$. Since the support loss at 2.80 three days later I am constantly adding to the position. Again Mina is testing the lows (I also bought huge here) but there is still room to the downside. In the short term, my maxpain scenario is around -40%. Double bottom formation around these levels would look beautiful to me as a long scenario.
Mina is already my third largest spot position, Iam ready to go but still have aggresive limit orders in the Range of 1.70$ - 1.20$ set.
In the last post I explained that I have already established a larger position around $2 but have set extrem high limit orders in the $1.70-$1.20 range. When we broke the $1.20 down I set more to catch Wicks. The log chart showed absolute capitulation and I expected a strong bounce which happened.
Now we are in the situation that we are testing the lows again which for me is the perfect opportunity for a double bottom. My position is already expanded and Mina is 15% of my portfolio. In the case that I would not have any or not enough I would add now. Mina's short term price movements are of course dependent on BTC and ETH - I have explained my thoughts on my Twitter profile because I do not have enough space with a chart but will post a chart on fundings perhaps.
An interesting Fractle which we follow is the one of Uniswap at the launch and the beginning of the Defi bear market in 2020. The situation reminds me very much in which Mina is.At the top of the run or already in the sale launches a major project which as the market sinks have huge selling pressure (All tokens from the sale still 5x in profits/Uni tokens were free and therefore also in profit). Mina is for me a blockchain project which I see in the worst case in the top50 and due to the market situation probably also a little underperformed. In a progressing bull market I see a high probability that Mina will outperform many L1 Chains.
Last Post on June 18th:
Disclaimer: I am a big fan of the Mina Blockchain and am also running my own Node. (Not a TA play)
I was able to purchase some of my tokens at the Coinlist Sale for $0.25.
I first added to the position on June 8 at around 3.05$. Since the support loss at 2.80 three days later I am constantly adding to the position. Again Mina is testing the lows (I also bought huge here) but there is still room to the downside. In the short term, my maxpain scenario is around -40%. Double bottom formation around these levels would look beautiful to me as a long scenario.
Mina is already my third largest spot position, Iam ready to go but still have aggresive limit orders in the Range of 1.70$ - 1.20$ set.