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...
Hello everyone :)
We see that the move we called Liquidity run before ended with an average of 60%. He seems to have started a similar movement now, and the volume at the beginning of the movement is same. Most likely, the smart money in this coin plans to make the same move again. Since this person or community is satisfied with an average of 60% profit, it...
Chances are that MINA is about it break through the downtrend of the last week (red line), either directly or after another retest of the support-line (bottom green)
Good luck
Long way to run for Mina.
We need a confirmation of the support on the dashed trend in order to firmly believe in this beautiful outcome.
Let's see if the lighter blockchain is able of this.
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.
Q1 of 2022 is full with Bullish News for Mina Protocols, we should see a volume in Buying before the FOMO, the Area of $4, $4,50 Showed a Good Support, with $5,50 to $6 a good resistance. Breaking and closing the D chart above $6 will send us to the $8 Area and $10 Area, where i think we might close the year.
