Mona already had 3 wonderful breakouts, which i personally remember to happen at the beginning of every Crypto bull run. We're passed the 61.8 fib suggesting the market has went bear and we will start down trending. To further suggest we've went bear, we are forming a rising wedge.
Technical analysis: . MONACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 61. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.000100 to 0.000075). if so, traders can set orders based on Price...
Technical analysis: . MONACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 61. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.000100 to 0.000075). if so, traders can set orders based on Price...
Technical analysis: . MONACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00014400 to 0.00010200). if so, traders can set orders based on...
Technical analysis: . MONACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 57. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00017600 to 0.00014000). if so, traders can set orders based on...
Technical analysis: . MONACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 52. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...
Technical analysis: . MONACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary...
Technical analysis: . MONACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary...
Technical analysis: . MonaCoin/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 52. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue. . The RSI downtrend downtrend in the daily chart is broken, so the...
Technical analysis: . MonaCoin/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 52. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . . The RSI downtrend downtrend in the daily chart is broken, so...