Pair : MINA/USDT
Mina just broke out from the recent downward trend on the 1D chart. A falling wedge pattern already formed and a breakout is on the process. The current candle stick formation looks very bullish but needs to close in such a good shape to confirm the bullish break out and a reverse move. Indicators are also looking good so far the MA and MA both moves below the price which is a bullish sign. Volume looking so good after a good amount of entry in the past 48 hours. If you have to take some risks and get some profits here are the major distribution selling price levels as follows.
#Accumulation Entry Area : 0.56 usdt - 0.6 usdt
🎯Target 1 : 0.618 usdt
🎯Target 2 : 0.69 usdt
Mid Term
🎯Target 3 : 0.74 usdt
🎯Target 4 : 0.80 usdt
Stop Loss :
Make a strict stop loss price level depending on the timeframe you are strategizing.
Nathnael B.
cryptotalk_et
Mina just broke out from the recent downward trend on the 1D chart. A falling wedge pattern already formed and a breakout is on the process. The current candle stick formation looks very bullish but needs to close in such a good shape to confirm the bullish break out and a reverse move. Indicators are also looking good so far the MA and MA both moves below the price which is a bullish sign. Volume looking so good after a good amount of entry in the past 48 hours. If you have to take some risks and get some profits here are the major distribution selling price levels as follows.
#Accumulation Entry Area : 0.56 usdt - 0.6 usdt
🎯Target 1 : 0.618 usdt
🎯Target 2 : 0.69 usdt
Mid Term
🎯Target 3 : 0.74 usdt
🎯Target 4 : 0.80 usdt
Stop Loss :
Make a strict stop loss price level depending on the timeframe you are strategizing.
Nathnael B.
cryptotalk_et