Monacoin has formed a double near $2.8 after which it attempted to break above the downtrend trendline, but no clear breakout followed. Price went back and formed another double bottom at 88.6% Fibonacci retracement. Clearly there is strong support around $2.8 and this could be a potential reversing point for MONA/USD. But it could be a little premature at this...
BITTREX:MONABTC All signals are ready to pump.
Monacoin still targeted for high prices. Follow me for more analysis!
don't get me wrong, this coin has huge potential to go long but for now i see that is gonna decrease on value, then a huge move to the up side will happen (the 3rd arrow is a 6 -10 month prediction)
Mona does not bother about the correction, best pick for the next month.
I've been waiting for this coin to start showing some action, as I had invested in it several days ago. This coin is one of the few coins right now that is oversold on the weekly chart (1W), which means there is a lot of room for it go up. It has been doing great since few days, and it is looking to go up big time. On the short term it has already begun it's...
In the event that the current pattern breaks out above the upper trend line, it is highly likely the pattern will continue with an upward momentum.However, this idea is cancelled if it does not break out above upper trend line. Be cautious as the price could break down to lower levels. Monitor your trade. **NOTE** I am not an experienced trader. I am just an...
Just an idea about MONA trading against BTC on Bittrex
#MONA #BITTREX BUY ARROUND 47000 SELL TARGETS ARE 53000, 56000
MonaCoin uptrend is still intact since it continues to produce higher highs and higher lows. On the 6th of January price reached an all-time high, hitting btc 0.00175, while at the same time producing spike above the very strong resistance at btc 0.00155. The corrective wave down followed resulting in a 75% drop. The correction was stopped at 127.2% Fibonacci...
Been watching MCO ever since I originally got in on this trade at 0.001263 expecting it to follow its previous trend, 4 hours before the big BTC dump in mid-January. It was trending nicely back then and then the dump happened. The trend has recovered and we are back in a nice pennant pattern. Looking for break out above the first resistance line. If we can get...
MONA found support and indicators are looking bullish. Buy Range: 0.00047 - 0.00055 Short Term Sell Target: 0.00069
MONA's looking for a breakout! Cycle lines look right, solid support over the last couple days, good upward pressure by the 231MA(white shade area), 7MA crossing up on the 77MA. Price will most likely be rejected by the 231 but not before you see 30% gains, in a short amount of time, like less than a week. If you want to stay in longer, we might see a full on...
I keep my eye on Mona..both of them at times... Its has very "neat" cycles, very clear break out, breakdown, flatline. In about 1.5 months of each other so far. I use the BOSS Method to chart.. this includes mostly a 7 and 77 day moving averages, BOSS Method can also incorporate 21(red) day and 231 day. Right now I believe Mona is looking for a "mini-breakout",...
I think that the pattern we've been seeing with Mona will repeat again because the sellers are gone, and we are hungry for new buyers :) This update is actually more conservative and long term in time, but it could happen any time now. Watch for the uptrend triangle.
With an all time low MACD indicator on the daily. Mona is looking like wanting more... The sellers are gone, we need new buyers, the volume is not showing up yet, BTC keeps ruing Mona imperial's views. Take care, set stop losses, it could happen any time now.
Monaco market eagers to jump, however, it needs some good news to create a hype for it.