MonoCoinSignal

MonoCoinSignal

Moving average convergence divergence indicator (MACD) refers to a momentum oscillator used for a trend following trading strategy. There are two lines, a MACD line and a signal line. When the MACD line crosses above the signal line, MACD is signaling a bullish trend. The MACD line is calculated by subtracting the 26-period EMA (exponential moving average) from...

MonoCoinSignal

LTC dip below to from its minor support level and took support to its major level around $120 - $124. Price shown multiple wick rejection and pushed upwards. Currently, price showing weakness around its local resistance area. #Bitcoin also pushed from its daily support level and breached above $33,000. If you liked my idea, follow me for more.

MonoCoinSignal

ADA started pushing down after retesting from its resistance zone. This resistance zone also confluening with downtrend line. $1.28 - $1.70 is the local support level. If broken then price can easily test around $1 If you liked my idea, follow me for more.

MonoCoinSignal

An intense decline in XRP prices yesterday morning did not allow buyers to test the orange level of 0.700 USD. As a result of the pullback, the pair returned to the area of the 0.600 USD mark. Today, in the morning, buyers will try to test the upper border of the descending channel, but they will not be able to break through the red line of the down trend. At the...

MonoCoinSignal

Yesterday morning, the pair failed to gain a foothold above the psychological level of 2000.00 USD and during the day the ETH price rolled back into the blue channel. Late in the evening, buyers tried to pull the price out of this side channel, but failed to break through its upper boundary of 1860.00 USD. Tonight, there was a large spike in volumes on the market...

MonoCoinSignal

The big short worked again. BTC should hold the $31,000-$31,300 area otherwise we will see more dump. BTC still in the trading range and we didn't get a breakout with good volume. The mid term to long term fundamentals still Bullish for Bitcoin. BTC need to break and hold above $42,000 to continue the rally. It's been more than 35 days of consolidation in same...

MonoCoinSignal

The volumes for the coin increased slightly, showing good dynamics. Breakout with the support of BTC and activity in the order book. If you liked my idea, follow me for more.

MonoCoinSignal

The technical indicator shows relevant information at a glance by using averages. The overall trend is up when the price is above the cloud, down when the price is below the cloud, and trendless or transitioning when the price is in the cloud. When Leading Span A is rising and above Leading Span B, this helps to confirm the uptrend and the space between the...

MonoCoinSignal

TRX showed an active upward movement, something like 5 waves, if it really is them, then I expect a move higher to 0.072 But this scenario will be relevant when the upper trend channel is broken. I expect an exit above the upper channel with a subsequent movement to 0.68, I will try to trade, and I put a Take there, stop for the support at 0.64 My ideas do not...

MonoCoinSignal

#LTCUSDT has dumped to its daily support level, with respect to #Bitcoin. Now, it shown strong rejection wick on that support and trying to push higher. Market is currently on its minor resistance level on the lower TF and $154 - $160 is the major resistance area. If you liked my idea, follow me for more.

MonoCoinSignal

BNB looks extremely good, there is a high probability of a double bottom formation, a trend reversal pattern. On BNB, we could not update the minimum of 213$ and now it is important to break through the resistance R1 for the double bottom to finally form. If the pattern is formed, we will approach the resistance R2.

MonoCoinSignal

ETH / USD. Yesterday bears pierced the support of 1735.00 USD and renewed their two-month low to the level of 1700.00 USD. In the evening, the Ethereum price rebounded, returning to the upper border of the blue channel (1860.00 USD). This level was able to keep the pair in a tight consolidation, after which buyers were able to form a rather powerful bullish...

MonoCoinSignal

XRP / USD. Yesterday the XRP price continued to decline and in the afternoon came close to the strong support of 0.500 USD. The June low is set at 0.510 USD. ️In the evening, the market began to recover and until this morning the price returned above sixty cents per coin. If buyers are able to continue the recovery, the pair will return to the orange level of...

MonoCoinSignal

BTC / USD. The bears resumed their onslaught yesterday morning, continuing the decline in the BTC price. In the afternoon, the pair broke through the 23.6% Fibo level (30595.44 USD) and tested the psychological mark of 30,000.00 USD. The annual minimum, set in January 2021, has been updated to 28,600.00 USD. Immediately after that, the price bounced above 32...

MonoCoinSignal

The good news for BTC is that the 4-hour and daily candle closed above $31,000 leaving a big wick showing buying pressure below $30,000. BTC is now trading around $33,700 the next resistance area is $35,000 and $36,500. BTC need to cross these resistance levels. BTC is back in the trading range and we expect it will move in the range for next couple of weeks. Wait...

MonoCoinSignal

Bollinger Bands are a technical analysis tool developed by John Bollinger for generating oversold or overbought signals. There are three lines that compose Bollinger Bands: A simple moving average (middle band) and an upper and lower band. The upper and lower bands are typically 2 standard deviations +/- from a 20-day simple moving average, but can be...

MonoCoinSignal

Given the Fibonacci chart and the downtrend of BITCOIN, we can be sure that we will see 19500$ SOON! If you liked my idea, follow me for more.

MonoCoinSignal

We rebounded well from support and closed 4h with engulfing, for a decent bullish sentiment we need to pass 36600 in the next 24 hours (by the way, this is the first bullish engulfing for 4h that formed according to the rules, after a 50% correction), and the bears are no longer pressing as it was yesterday , but the bulls are still testing the soil. And they are...