Lot's of alts have been doing crazy gains over the past few months. Even after the correction that is happening right now many will still be to high to enter.
MONAUSD is one to keep an eye on.
Green Zone is reload zone based on fib retracement.
Risk to reward in green zone is 1:10
Ideally we see Mona breaking above long term descending trend line, coming back...
should be fairly boring and sideways for this pair during the coming week maybe longer. RSI to cool off and MACD to stabilize. Should be a good opportunity to accumulate in the zone between 50% and 78.6% targets for next leg on the chart, around 100% gain expected on next leg.