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Key Stages:Shakeout: Represents a liquidation stage or strong selling pressure to push out weak traders before a strong upward move begins.Creek: A sloping resistance line that represents an obstacle to price action, often broken at the start of a new uptrend.AR (Automatic Rally): Automatic price rise after strong selling pressure.BS (Back-up to Support): Price returns to test a major support level after rising.2ND: Signal of a second bottom, which may indicate the formation of a bullish reversal pattern.Important Price Levels: There are horizontal support and resistance levels such as: 0.0550, 0.1526, 0.2312, and 0.4577. The 0.4577 level appears to be a crucial resistance level, as a breakout is expected to yield significant gains.Expected Future Moves: There is a light green shaded area indicating a strong uptrend similar to the previous rally. Expected price target is around $2.0615 with an estimated upside of 758.77%. Expected Downside: There is a red shaded area indicating a possible price correction of -48.35% before the bullish breakout. Price and Time Analysis: This analysis is based on a historical pattern that is expected to repeat with the current price action. The date is shown at the bottom of the chart until 2028, which indicates a long-term analysis.

Price Analysis: Current price is 0.4640 USDT with a 4.19% drop in the last candle. The chart shows a long-term bearish trend followed by a potential accumulation phase. Important support and resistance levels are identified at 0.3688 USDT (support), 1.1621 USDT, and 1.5873 USDT (resistance). A future price forecast is drawn indicating a possible bullish breakout beyond 5 USDT. Accumulation phases according to Wyckoff methodology: The chart follows Wyckoff's accumulation model, with key phases indicated: SC (Selling Climax): Initial sharp decline leading to accumulation. AR (Automatic Rally) & CHoCH (Change of Character): Signals of a trend change. LH Broken (Breakthrough of the Bearish High): Early signal of a bullish move. 2nd Test (Second Test): Testing support again before a possible breakout Bullish. Volume Analysis: The volume chart below shows significant spikes in volume, indicating strong interest at certain levels. The volume moving average (Volume MA) is 89.42 million, while the current volume is 53.24 million, indicating moderate trading activity. Future Outlook: The green path in the chart predicts a potential bullish breakout that could take the price above 5 USDT in the long term. Conclusion: The analysis suggests that MINA could be in a consolidation phase, which could pave the way for a bullish breakout if the price can settle above key resistance levels. Investors who rely on the Wyckoff methodology may consider this a potential long-term buying opportunity.

Wyckoff ShakeoutThe Wyckoff Shakeout is a key phase in Richard Wyckoff's market cycle methodology. It represents a deliberate price move designed to "shake out" weak hands, including retail traders and early participants, by inducing fear and triggering stop losses. Typically, this event occurs during the Accumulation Phase, where smart money accumulates positions at low prices.Characteristics of the Wyckoff Shakeout:Sharp Price Decline: Prices fall sharply below previous support levels, creating the illusion of a breakdown.Volume Spike: High volume indicates that institutional players are accumulating as retail traders panic-sell.Recovery: After the shakeout, prices quickly recover and move back into the trading range, leaving weak hands sidelined.Significance:Acts as a liquidity grab to allow large players to build their positions.Sets the stage for a more stable accumulation zone before the uptrend begins.Boarding BarA Boarding Bar represents a price movement or candlestick pattern that signals the beginning of a broader trend or reversal. It "boards" traders onto a momentum train, encouraging further participation in the market direction.Key Features:Large Candlestick or Momentum Bar: Often accompanied by significant volume, showing clear dominance of buyers or sellers.Breakout Indicator: It frequently breaks a key resistance or support level, signaling a shift in market sentiment.Follow-Through Confirmation: Subsequent bars typically validate the breakout or trend initiation.Significance:Indicates that the accumulation (or distribution) phase is over and a new trend is underway.Helps traders identify entry points as the market begins to move decisively.

HiIn the ABCD pattern, the CD ratio relative to the AB leg is determined by how point C is determined and how far it bounces off point B. If the bounce from point C is at a 61% Fibonacci level, the CD leg is usually at a certain ratio relative to the AB leg. Common ratios in this case include:If point C is at 61.8% of the AB leg, the common ratio for the CD leg is either:161.8% of the BC leg (Fibonacci extension). Or it may be equal to the AB leg (100% ratio). The Fibonacci extension tool can be used to determine CD targets more accurately. The most common ratios are:127.2%.161.8%. And sometimes 200% or more depending on the market momentum. Notes:These ratios vary depending on the type of market (trending or volatile) and the magnitude of the momentum. It is always better to use other analysis tools (such as candlestick patterns or momentum indicators) to confirm the targets.,

FET*Excluded from the overall price calculation***Significantly differs from the cryptocurrency's price; excluded from the overall price and volume calculationDisclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate