🌟 MINAUSDT Bullish Surge Ahead? Watch for Resistance Break!💎 Paradisers, #MINAUSDT has broken out of the resistive trendline and formed a 'W' pattern. There is also a supportive trendline below, which together with the resistive trendline forming a kind of triangle pattern.
💎 If #MINA breaks above the resistance zone and closes a candle above it, it will increase the probability of a bullish move.
💎 In the case of a pullback from here, we can expect a bounce from the demand area, which will enhance the likelihood of a bullish move from this point. However, I suggest looking for bullish signs here to increase the probability in our favor.
💎 However, if the price falls and shows panic selling, it would be better to ignore it in this case, especially considering the potential market uncertainty due to China-Taiwan news. It's better to avoid the market under such circumstances.
MINA
Cup and Handle + W Pattern Formation! 📈 Get Ready for Potential💎 MINA has formed a cup and handle pattern, along with a W pattern on the demand level, which enhances the likelihood of a bullish move.
💎If MINAUSDT breaks above the resistance area, we can anticipate targets up to the next resistance level. In the event of a pullback, we can expect a bounce from the demand level.
💎However, if the price breaks down below the demand area, it would suggest a bearish structure. In such a scenario, it would be prudent to wait for better price action before making any decisions.
MINA USDT Swing Long Setup - Mina has a very bullish structure
- Mina can shoot up impulsively from here
- From a trading perspective only add Mina in the retracement shown in the chart
- I will not add longs before that, keep your entries very conservative or one crash can destroy your whole account