Mina After Making a Huge Jump Now In Retracement. Sell It**Mina Coin Fundamentals**
Mina is a lightweight blockchain protocol that uses a novel consensus mechanism called Ouroboros Genesis. This mechanism allows Mina to maintain a secure and decentralized network without requiring full nodes to download the entire blockchain. As a result, Mina has a very small footprint of just 22KB, making it one of the most efficient blockchains in the world.
Mina is also very scalable and can handle a high volume of transactions without sacrificing security. Additionally, Mina is interoperable with other blockchains, such as Ethereum, allowing users to easily transfer assets between different networks.
**Recent News**
Mina has recently been in the news for a number of reasons. First, the Mina Foundation announced a partnership with Visa to explore the use of Mina for micropayments. This partnership could have a major impact on the adoption of Mina, as Visa has over 4 billion active users worldwide.
Second, Mina was recently listed on several major cryptocurrency exchanges, including Coinbase and Kraken. This listing will make it easier for investors to buy and sell Mina, and it will also increase the visibility of the project.
Third, the Mina team has been working on a number of new features, including a new smart contract platform and a new wallet. These features will make Mina even more attractive to developers and users alike.
**Conclusion**
Mina is a promising blockchain project with a number of unique features, including its small footprint, scalability, and interoperability. The recent news about Mina's partnership with Visa and its listing on major exchanges is very positive, and it suggests that Mina is poised for significant growth in the future.
**Disclaimer**
This is not financial advice. Please do your own research before investing in any cryptocurrency.
MINAUSDT.P trade ideas
MINA/USDT Ready for an Explosive Journey? MINA Analysis Today 💎Yello, Paradisers! focus on MINAUSDT! Its trajectory within the descending channel is nothing short of intriguing in the 1H timeframe. With evident buying momentum, it's poised for a potential upward swing.
💎In the last couple of days, Mina has been navigating this descending channel. After a recent touchpoint with the channel's lower boundary, it's reigniting its bullish momentum. There is a high probability that it will climb toward the projected resistance and supply zone.
💎Yet, caution is key. If MINA slips below the demand zone, it's highly probable it will retreat to the support for another evaluation.
💎Hone your trading decisions for MINA with ParadiseFamilyVIP. Delve into our expert analyses on MINA and other potential tokens, refining your crypto approach.
MINA a small blockchain, Big ideas.MINA Protocol has shown a bearish price range and an area of interest on Tuesday, following a significant market decline on Monday, the 5th June. This established range has a top at $0.5075 and a bottom at $0.4945, with a key battleground point at $0.50 where bulls and bears are in conflict.
Multiple time frames have been considered in this analysis, along with other technical indicators such as ROBO, which helps in projecting future trends and planning accordingly.
The chart displays solid orange lines indicating areas of support and resistance, serving as potential entry or exit positions based on longer-term trend analysis. Dotted orange lines represent support and resistance on shorter time frames, such as 1-4 hours, compared to the daily or weekly time frames represented by the solid lines. These dotted lines reflect more erratic price movements.
Currently, MINA is trading above the $0.4840 support/resistance level on the daily chart, with 2 out of 3 ROBO signals active (B4 + MOON). The 200 EMA (Exponential Moving Average) is positioned above the 50 EMA, suggesting the possibility of a continuing downtrend.
In the broader picture, MINA has been in a larger downtrend since November 21, 2022, with the last attempted breakout rally ending on February 16, 2023, establishing the current downtrend. It is important to note that MINA has not yet formed any higher highs, indicating a lack of sustained upward momentum.
The close of the current weekly candle is crucial for MINA's future growth prospects. If MINA can successfully stay above and close above $0.50, it may pave the way for a potential push towards $0.54.
Considering the ROBO signals, the weekly timeframe is currently bearish, while the daily and 3-hour timeframes are bullish, suggesting mixed market sentiment.
As always, it is important to remember that technical analysis provides insights but does not guarantee future price movements. It is recommended to conduct comprehensive research, consider fundamental factors, and employ risk management strategies when making investment decisions.
Please note that cryptocurrency investments carry inherent risks, and it is crucial to exercise caution, seek professional advice, and make informed decisions based on your risk tolerance and financial goals.
MINA/USDT bullish horizon? 👀 🚀 MINA Today analysis💎 Paradisers, turn your attention to MINAUSDT as it showcases a promising trajectory, trading above the EMA55 and indicating a heightened likelihood of an upward trend.
💎 Following its recent rebound from a robust support level, MINA is on the cusp of surpassing the .4071 mark. The odds are leaning towards a bullish surge reaching the bearish OB, especially if it successfully breaches the supply zone. The coin's position above the EMA55 further amplifies the probability of this upward momentum.
💎 However, should the price dip below the EMA55, there's still a chance it might find bullish support from the demand zone at .3826. A descent beyond this point could signal a potential bearish turn.
#MINAUSDT.P - SHOULD GO UP !!hello mates...
The volume in the #MINAUSDT.P coin, which I took a short position during the day but did not have the opportunity to share the analysis, is still very high and this strengthens the possibility of a dead cat bounce. At the same time, the buyer has found support at the hourly support line for now.
As a result; I plan to carry my long position from 0.68 levels with a stop of 0.67-0.6650 from 0.68 levels, first to 0.71 band and then to 0.77-0.78 band. Of course, I will not insist if I stop.
Good Luck ...
None of my statements are not investment advice!!!
MINA/USDT probability for switched to upward momentum ??💎 MINA has certainly garnered our interest, currently navigating through a phase of consolidation. Presently, MINA is approaching the supply zone, following a challenging ascent from a robust support area.
💎 For continued upward momentum, breaking through the supply barrier is crucial, leading MINA towards a significant resistance zone. This formidable resistance is pivotal for confirming MINA's shift into a bullish phase and sustaining its upward trajectory. Successfully navigating past this resistance simplifies MINA's journey to the targeted supply area, with high chances of this scenario unfolding.
💎 Conversely, a less optimistic turn would be MINA's inability to breach the solid resistance, or facing a rejection upon reaching this critical juncture. Such an outcome could trigger a reversal for MINA, driving it back down towards the secure fortress of its support zone.
MINAUSDT Elliott Waves Analysis (LONGTERM)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry zone: 0.3 - 0.25
Targets: 0.5 - 0.75 - 1
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
$MINA is moving in the falling wedge FWB:MINA ANALYSIS
FWB:MINA is moving in the falling wedge. #MA100 is acting as the resistance. A solid breakout of this falling wedge would be the bullish confirmation, while a breakdown would result in further consolidating in this falling wedge.#RSI is suited to the neutral regions, but #MACD crossover is losing the bearish momentum.
MINA will be pumped soonHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the MINA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MINAUSDT Elliott Waves Analysis (Local Setup)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Targets: 0.6 and 0.67
after first target reached move ur stop to breakeven
Stop: ~0.39 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions