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SaeedSalehinia
Aug 8, 2023 11:53 PM

Mina Long

MINA / U. S. DollarKraken

Description

Mina protocol is said to be the world’s lightest blockchain; its size remains only 22 KB! Regardless of how many transactions are performed on the network.
Anyway, MINA chart is interesting-like its size-there are three lines closing toward each other that shows compression. We have to wait and see if this compression can result in an upward movement or not. Let's see what happens.

Comment



So, as it turned out, the compression pattern caused Mina to jump/pump.

Comment



So, Mina went up pretty well. It seems an inverted wedge-like pattern is unfolding, and Mina is currently resting on a major horizontal area. When the next upward wave starts, Mina will try to break the wedge's upper line. Let's see if Mina succeeds or not.
Comments
MABurner
Interesting view.
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