Mona possibly in the money zone, i usually put the fib on the moving average intersections but on this chart i used the high and low points of the last breakout.
well this is my first chat ever on trading views and here i try to chart one of a very good coin out there known as mona coin which has been going stronger and stronger.
i tried charting with a 7 day moving average and the 77 day moving average. the method i use here is the boss method alert by popular chart guru brandon kelly.
using the boss method simple...
MonaCoin price is about to test 100-Day EMA line. The coin has fleetly bounced from 20-Day EMA which was a key support in the past days. The 100-Day and 50-Day EMA has been acting as a resistance since. Earlier the coin price tested these EMA lines but was not able to break above. MACD is currently below the ‘zero’ centerline, indicating a bearish trend, but I...
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...
We are about to broke the ascend triangule. Having saw the previous fractals, two conclusions:
Time to perform a big fractal and continue with long term wave 2.
Risk ratio huge :)
On the 1-hour chart we can see that 5 Elliott impulse waves were followed by ABC correction waves pattern. After this Cup & Handle pattern is forming. Right now the price is above Ichimoku cloud moreover the green line is above the red line right in the place of handle formation. Moving averages and Stoch RSI indicates oversold zone. Combining with a strong...
