MINA broke trough off the lower boundary of ascending channel. Asset broke trough off the support level. Bearish movement to support level at 0.711 is expected to happen.
MINAUSD has been on a short-term Parabolic Rally since it broke above the 1D MA50 (blue trend-line) and later the 1D MA200 (orange trend-line). Right now it is approaching the most important Resistance Cluster of the past 6 months as not is it just below the November 10 2022 Lower Highs trend-line (basically the Bear Cycle Resistance) but also the 1W MA50 (red...
MINA just broke above the Channel Down that it has been trading in since the November 11 2021 Double Top. The 1D RSI has made a Higher High and in fact is at its highest level since November 13 2021. Both of the above are early indications that the coin is at the early stages of a new major rally.
In fact, the last time the price broke above the 1D MA50 (blue...
