MINA is not used anywhere at all. You can farm it, then sell it and tell the buyer about 22 kilobytes and ICO. Yes, perhaps there is a technology hidden here that Vitalik Buterin can tell you about by drawing complex formulas on the board... But also, Vitalik once said that the privacy technology on which MINA is based MAY become popular and used in 10 years. So those who now buys MINA, serve as exit liquidity. As for the descending channel, the price touched the lower only once. So, we may well come there in the second if the descending triangle is valid and the price goes below the middle of the channel.
