This is my thought for MINA. It looks like following a perfect parallel channel . It's very likely we will see $19 by first week of Nov. If it breaks the Kings resistance we will get a chance of Moon ride.
This is completely my thought. Please take it as a study purpose.
What a beast.
- breakout from the channel.
- closed above last daily close
- closed above last daily wick
my bag is 2X from entry but as said in last post, no gong to sell a shit below 10$.
After seeing the strength I am not selling until EOY.
5$ is the start line.
Give $Sol vibes please>
This long term idea is based on possible Cup and handle formation. In the more optimistic scenario the increase will last long time till 40 $ even if good target can be set on 10$.
Long term scenarious depends on BTC market that should be followed as well.
I am not your financial advisor, so do your own due diligence first. There is a cup and handle pattern formed on the daily chart. Target can be set according the height of the cup that could be around 6.15 USDT (78.23% from the neckline).
MINA USD to go down with general market sentiment.
BTC.D bottoming, will cause all alts to top and roll over. Possible incomplete / interrupted cycle due to macro economic environments (DXY , DJI , TLT) and Crypto Tax.
Mina is a project with lots of potential, it bounced from 1$ and started a bullish structure with a return of 100% getting to the 2$ mark in 15 days. Another potential x1 x2 or even x3 return is very likely to happen in the next few weeks.
Unfortunately I unknowingly uploaded my last posts as private - below I have attached the last post.
In the last post I explained that I have already established a larger position around $2 but have set extrem high limit orders in the $1.70-$1.20 range. When we broke the $1.20 down I set more to catch Wicks. The log chart showed absolute capitulation and I...
Did you know Mina Protocol?
Mina Protocol is a minimal “succinct blockchain” built to curtail computational requirements in order to run DApps more efficiently. Mina has been described as the world's lightest blockchain since its size is designed to remain constant despite growth in usage.
This coin have bright future, with reason:
- blockchain unique...
Currently making Bullish MACD divergence on the hourly chart. Expecting since this is a new project and very light on energy consumption it will be popular. It has innovative tech in the blockchain space.