If we bull our way past ~$15.00 (more importantly, 0.00097 satoshi), we should see a MASSIVE price change in the positive for MONA.
Bollingers are tightening up, indicating a stable price range has been closed upon.
OBV is high, but has been stable for nearly 2 months and historically that means a positive move for MONA.
RSI has clearly penetrated the 14 day...
MONABTC looking like a strong buy today as its breaking out of the falling wedge pattern.
This reversal could be pretty big considering the last pattern back in mid-october. Either way this is a good coin to be holding while youre on vacation during holidays.
OPtimal take profit would be around 130-150k, probably will take place before the new years.
Mona is looking pretty good, amazing risk x reward. Should be breaking out the triangle soon. You can wait for a confirmation or buy now with a lower stop loss.
I am NOT a professional trader . I've been learning TA on my free time. Don't follow my ideas blindly, do your research and analysis!
MONABTC idea
Based on previous cycles and fib.projection
As long as the very bullish cryptomarket keep the pace, I think this projection is possible.
Remember to do you own research and remember that crypt is a risky business. Dont invest more than you can afford to loose, use stop loss. I dont take any responsibilty for
I believe Monacoin is about to break out of the triangle today or tomorrow, when it happens it will probably reach the ATH again, potentially surpassing it. It means at least 100% profit.
This is very risky trade because we expect high volatility of BitCoin after CME. But there could be amazing profit. Support is very strong and rotation is obvious. Japanese favourite coin. That is all you musst know.
I am by no means a pro. It looks like a bullish cypher. Indicators (RSI, Macd) seem to be pointing bullish. Please feel free to give opinions and advice as I am new to this.
Thanks.
