Another breakout scenario is
at the verge of happening in
Monaco coin after a good leg up
reversal uptrend in the last days of June
and at the first week of July.
After that it was in a correctional pattern
for some time since then. Now it seems it is
showing a good indicators behavior of an
uptrend.
RSI is at 46 and 50EMA is showing a move to
go below the price. If the chart closes above
the upper resistance line and close above it ,
that will be a good confirmation point for a
5 wave elliots wave creation in the following days.
Accumulation Zone : 61000 sats - 68000 sats
Distribution Zones :
Target 1 : 83200sats
Target 2 : 98900 sats
Target 3 : 108000 sats
Target 4 : 119100 sats
Target 5 : 134900 sats
Stop Loss : 49000 sats
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
With Regards. TeamTWA.
You can give us your feed backs and suggestions on our effort in addition to this your questions here in trading view or in our telegram channel by the same name togetherweaccumulate.
at the verge of happening in
Monaco coin after a good leg up
reversal uptrend in the last days of June
and at the first week of July.
After that it was in a correctional pattern
for some time since then. Now it seems it is
showing a good indicators behavior of an
uptrend.
RSI is at 46 and 50EMA is showing a move to
go below the price. If the chart closes above
the upper resistance line and close above it ,
that will be a good confirmation point for a
5 wave elliots wave creation in the following days.
Accumulation Zone : 61000 sats - 68000 sats
Distribution Zones :
Target 1 : 83200sats
Target 2 : 98900 sats
Target 3 : 108000 sats
Target 4 : 119100 sats
Target 5 : 134900 sats
Stop Loss : 49000 sats
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
With Regards. TeamTWA.
You can give us your feed backs and suggestions on our effort in addition to this your questions here in trading view or in our telegram channel by the same name togetherweaccumulate.
