After a big bull run, MONA is forming an ABC correction that should bounce off the trend line established by the previous move. RSI has also bottomed out, we are close to touching fib support and the SMMA 50 represented by the purple line. If we close below the established trend line exit the trade. Good luck.
its time to buy and hold and sell in the perfect time
MONA price would hit 80k in 5 hrs at 01:00 GMT
Looks like a solid entry on MonaCoin. Volume increasing and price-USD increasing consistently over the last few weeks. Look for this coin to climb significantly month of November, big things ahead.
buy and sell in the perfect time
Good time some time Go to research yourself I see here a nice trends reverse What you can show on my pictures. Trade wise, be smart.
Good time some time Go to research yourself I see here a nice trends reverse What you can show on my pictures. Trade wise, be smart.
Hi Seildev here We have an area of interest for MONABTC has had downward RSI Divergence broken. We also may have a possible double bottom recently on 1h timeframe. Our Buyzone is marked at 61.8% with target at: - Target 1 @ 0.000462 - Target 2 @ 0.000581 As always, trade with a plan and safe trading. Seildev
MONA BTC 4 Hour Time Frame bullish. Los Angeles 6:01 AM. RSI is above 60 for bullish run. Macd just crossed to the bullish side. Price action broke through the clouds under 70 RSI. Chikou Span about to cross Kijun Sen showing future price action to the upside. Enter SAT 55k Resistance 77k
technicals on the long time line are demanding an aggressive reversal
Its not a vety strong wedge, too little points to draw falling wedge. Now coin tested support and didnt breake it. If all is right, MONA should go up to 38.2 Fib area
Now MONA is in the end of falling wedge, so we'll wait to break it and move up
Monacoin is already being used in japanese shops now. It was added to Japan's top exchange - Bitflyer couple of weeks ago. Only reason price is little down now is because it's the weekend. Soon it will skyrocket and after the Bitcoin fork in November you can upto 5x gains or more, just like Neo skyrocketed after the bitcoin fork in August.
Monacoin is definitely a pump & dump coin. All signs show it's going to crash soon. It's Japan's crypto, but it's definitely not in a million years going to be embraced like Bitcoin is worldwide. It's now just going through a pump & dump. Cut your losses if you are invested. If you're not stay far far away from it unless you want to get burned big time.
MONA going to start Eliot 1-2-3-4-5, correction to ~16000 and movement up after it will be confirmatin of this. Then TP 22000-25000-29000
You can follow me on twitter if you want more charts and insights: twitter.com/taproofficial Disclaimer: My posts are just personal thoughts and not advises. I dont suggest you to do or not do anything. Do your own research. Trade responsible.