I think things are looking extremely bullish for MONABTC. On the weekly we can see us reaching a long term support line and nicely holding it. On the other side we have a decending resistance line. Combined they form a falling wedge. We're currently breaking out of this wedge that is situated near the all time low. This gives us tons of upside potential and...
MONABTC / cat meme follows doge meme MONABTC about to break bullish flag pattern any time. ab=cd profit projection from this pattern is at 9250 sat, but we need to break bullish flag pattern and flag resistance for confirmation if this coin drops, buyback again and again on the way down general informations: 'Monacoin was Japan’s first native cryptocurrency....
This chart has wicks removed for a little bit cleaner view. Mona has a relatively long history of oscillation, and from these prices on the way up, its a good long.
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...
Enter above MMA5, TP1:MMA10, TP2:MMA20 Good luck!
Red setup above resistance - sign of bullish BUY
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 56. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There...
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 56. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There...
Same Sept 2017 price before the bull run. time to acclimate?
Mona recently up 36% and broke through trend line. We find support at blue line and resist at red box. Good Luck All :)