MarsSignals

MINAUSDT

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BINANCE:MINAUSDT   MINA / TetherUS
Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a one-day-time frame analysis for MINAUSDT

As we analyzed on August 23, we predicted a falling trend and now one of our targets is hit. There are R3 and R2 that used to be support areas. R1 and S1 are our 4-hour resistance and support lines, respectively. And S2 is the support area which includes the support of price at some points since the past. At the moment, we have the price fluctuating on R1 and we predict a rise for it to R2 and then here we should wait for some confirmation candles. It is predicted that a rejection is waiting for the price and hence it will face a decline toward S1. If the price fixes itself above R2, more rise will happen for it. But now we believe our short position will be activated and the price will fall to S1.

Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.

Wish you luck

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