Due to the lack of history and the quite low market cap of Monetha i believe the previous run up is likely to be the first in a primary cycle with wave 2 displaying a lovely correction. Wave C looks likely to test and most likely hold at 0.618 fib retracement like in wave A forming a . indicates that we are not in the over sold region yet which but this will likely change when we touch the fib.
Due to the I may have to go fishing with my position however i feel 0.618 buy level is a safe bet as long as btc stops being mean.
BUY RANGE: 0.00001850-1950 (0.618 fib)
STOP LOSS: 0.00001700
As for profit targets i am not setting any as i'm planning on holding onto this coin for semi-long term as it has a lot of growth potential with a market cap of only 50mil and a first product release on the 31st of march i believe as well as coming into a potential wave 3 this could be a very good mid to long term hold.
I am amateur at TA which is why i have a tight stop loss even though this is for comedic purposes only.
* This is not financial advise and is intended for comedic purposes only*
Any feedback is much appreciated.