Pair : MINA/USDT Mina just broke out from the recent downward trend on the 1D chart. A falling wedge pattern already formed and a breakout is on the process. The current candle stick formation looks very bullish but needs to close in such a good shape to confirm the bullish break out and a reverse move. Indicators are also looking good so far the MA[9] and MA[20] both moves below the price which is a bullish sign. Volume looking so good after a good amount of entry in the past 48 hours. If you have to take some risks and get some profits here are the major distribution selling price levels as follows. #Accumulation Entry Area : 0.56 usdt - 0.6 usdt 🎯Target 1 : 0.618 usdt [7%] 🎯Target 2 : 0.69 usdt [23%] Mid Term 🎯Target 3 : 0.74 usdt [23%] 🎯Target 4 : 0.80 usdt [23%]
Stop Loss : Make a strict stop loss price level depending on the timeframe you are strategizing. [Since Market don't get a confirmed bullish movement right now it's better to consider making a tight stop loss percentage distribution point.]