@mementoxverse More than happy to buy your underwater position and hold it for a profit.
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Mina Report 🪶
603 posts
Mina Report 🪶
@TheMinaReport
I trade $MINA with algorithms I created
Katılım Mart 2023
4 Takip Edilen1.1K Takipçiler
@LeDudeAbides The price has been frustrating. Hopefully we turn a corner here soon.
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@TheMinaReport Ah yes, Mina, that previously position 60 ish coin that is now at 114 (on Coingecko). I still have my holdings and believe in the project, but I despair with the price.
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@DRonnie_blckchn No, not currently. But I like cheap $MINA.
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@TheMinaReport is there already a buy signal printed by your algo?🤠
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I was worried when the stock market and tech stocks were selling off the other day, but they're now showing signs of life.
A technical bounce for $MINA may be imminent. I re-entered my position at $1.02.
BTW follow me at @Layer1Report for more market signals.
Oversold@oversold_
Tech stocks are starting to show some life again. My model printed a new buy signal for $QQQ at $443. If this holds up tomorrow, I'd expect some positive price action in crypto into the weekend.
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@naber_mutlu Yeah I'm surprised more people haven't been front-running the mainnet release.
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@TheMinaReport They finalized the upgrade but for a couple of weeks, even rumors didn’t have a positive impact on the price. The people who hold of $MINA are trying to become this project hype. But, not sure if it’s gonna be a success. Will see… Hype is everything in Crypto.
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UPDATE:
$MINA got pretty close to hitting the 200dMa this morning. It hit a low of $0.99.
If we continue to drop, I expect there will be strong support near $0.96.
Mina Report 🪶@TheMinaReport
$MINA next major support is near $0.96 at the 200dMa. We haven't tested the 200d this entire bull cycle. It will be good to see if we test and hold it and get a strong bounce.
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@brust_herr @SercioSah Tax season can play a role for sure. People need to sell assets to cover tax bills.
This Dow Jones seasonal chart shows early April usually has a dip.
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@TheMinaReport @SercioSah Is it always that significant in financial markets? The ‘tax season’? I’ll back test that what effect is has every year to learn from that. Thx for mentioning
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@SercioSah Hard to say. Possibly a bounce after tax season.
With that said, the stock market is looking pretty weak right now, which is causing issues for alts.
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@TheMinaReport Peki nezaman yükseliş bekliyoruz
Acaba balinamiz öldü mü
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$MINA next major support is near $0.96 at the 200dMa.
We haven't tested the 200d this entire bull cycle. It will be good to see if we test and hold it and get a strong bounce.
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UPDATE
Based on my recent tweets, I'm proceeding with more caution. I've exited half of my $MINA position and will hold the remaining half as a long-term bag with expectations of more downside in the short-term.
If the stock market and ETH rebound quickly, I'll buy back.
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I'm not expecting a lot of movement on $MINA until BTC makes a move.
Anything near or under $1 on $MINA should be a great entry in the near term.
Oversold@oversold_
$BTC has been in accumulation mode from $61.8k to $73.2k. This is generally a bullish signal and points to more upside ahead. I'd be concerned if we lost $61.8k. That's the area where my algo would also print a sell signal. For now, we continue to chop.
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Another warning sign for $MINA.
ETH model flashing warnings which could cause a larger slide in the alt market.
Oversold@oversold_
Another bearish sign. My model just printed an exit signal for $ETH today. It's been long since Oct 22. It only exited for a few weeks in Jan, but otherwise been long for ~5mo. I took profits today. I will re-enter on the next buy signal. Will let you all know when it prints.
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$MINA fam this is something to keep an eye on. My SP500 model printed a trend reversal today. I'm hoping it's a false signal, followed by a quick rebound.
It's worth taking this seriously as a stock market correction would lead to a bigger sell off in crypto.
Oversold@oversold_
The SP500 is showing weakness. My model has been mostly in position since Nov 2. It only briefly exited in early Jan and got back in a few days later. Today, it exited again. This makes me concerned about $BTC and alts. A bigger correction could be due if $SPX doesn't recover.
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Looking forward, I still think $MINA breaks through the ~$1.70 resistance on the next attempt.
The bigger question is how long must we wait for another test?
Hard to say.
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Typically I would be a little more aggressive to take some profits, which always pisses off my followers (heh).
I've learned my lesson how fast $MINA can correct. Can give back weeks or months of gains in a candle or two.
In retrospect, I regret not following my more strict plans, but it's all good.
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@genki0893 @LeDudeAbides Thanks, i try to keep a close eye on things. I can usually sniff out where we'll hit resistance or find support. It's harder to predict timing though.
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@TheMinaReport @LeDudeAbides Your predictions in the past were very accurate. so I will believe what you say. hope.
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