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Minaprotocol

(MINA) GOOD TIME TO BUYHello everyone ! 
 Today the Black Cat Trader is analyzing MINA based on a Daily chart.  
 What we can see : - MINA is still trading under the downtrend line (yellow) and prices are stuck into a compression triangle. - Note that prices are stuck under the EMA21. - The Bollinger bands are tightened and horizontally frame the price for 1 month now. - MACD is totally neutral We are clearly in an accumulation mode right now. 
 What we can expect : If prices manage to break the downtrend line, wait a pullback on the new support to take position. Note that, according to the Fib circles, we can expect an event by the end of November. —— Resistance 1 : Downtrend line / Top of triangle Resistance 2 : Upper band of the BB —— Support 1 : Bottom of triangle Support 2 : Lower band of the BB —— TP1 : 12,73 $ (1.618) TP2 : 18,28 $ (2.618) TP3 : 23,84 $ (3.618) TP4 : 29,39 $ (4.618) IF YOU LIKE THIS POST, FEEL FREE TO LEAVE A LIKE AND FOLLOW THE BLACK CAT TRADER  
 MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
Long
by Hector_Bienvenu
6