We have a winner.
How would guess that from 0.45 to 19.25 in three months... If you have bought 10000dollar of monacoin at that day you would be rich today... Maybe XRP and NXT still have potential for you.... Naaa Wont be that fastt :)
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.
MONA performing breakout on a 3 weeks old support.
Actually on symetrical triangle; IDK what will be the brekout direction, but we can expect a target at ≈ 3.56.
Be carefull at the red line level (3 weeks res)
Buy long @ 3.02