BINANCE:MINAUSDT   MINA / TetherUS
Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a one-day-time frame analysis for MINAUSDT

R1 and R2 are the resistance areas in this chart with their presentation of the disability of the price to rise at several points. And S1 is a support area at the bottom with its support of price at different points. At the present, the price has a fluctuation above S1 and we observe that the market has entered its fourth descending trend and we predict it will experience a rise after touching our support line. We must wait for some confirmation candles to rise and an increase would be there for the price to reach R1 (which is a good point for saving your profits). By having more fixation over R1, more rise is expected for the price. It is even possible that the price loses the support and moves below S1 and via giving us some falling signs, more decline will definitely be waiting for the price toward lower amounts. Please be careful about various points and details and note that for enjoying less risky trades, we recommend you to obtain every piece of information and details through our analyses and updates.

Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.

Wish you luck

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.