Mona is ready for 300% gain
Updated
Hello Friends,
Here is the next analysis for you.
I am looking at this coin for more than a week now.
It is consolidating for last 23 days, which is big in the crypto world and hovering around the trendline.
Bigger Picture :
The last consolidation was around 40 days and after that, it grew 3-4 times in 14 days, can history repeat the same? Yes possible. Currently, we are on 23 days of consolidation, would it take 40 days like the previous one? I dnot have an answer. So here is the trade,
Buy now (75000), Exit when the trendline is broken or Buy back at 45000
Target 21000
Stop loss: N/A. It can fall upto 35000.
Timeline for this trade is 31 days (17 more days consolidation + 14 days to grow).
Post your questions.
Here is the next analysis for you.
I am looking at this coin for more than a week now.
It is consolidating for last 23 days, which is big in the crypto world and hovering around the trendline.
Bigger Picture :
The last consolidation was around 40 days and after that, it grew 3-4 times in 14 days, can history repeat the same? Yes possible. Currently, we are on 23 days of consolidation, would it take 40 days like the previous one? I dnot have an answer. So here is the trade,
Buy now (75000), Exit when the trendline is broken or Buy back at 45000
Target 21000
Stop loss: N/A. It can fall upto 35000.
Timeline for this trade is 31 days (17 more days consolidation + 14 days to grow).
Post your questions.
Note
Well target is 210000Note
I am holding this coin, My exposure is less and watching this coin. Whenever there is a breakout, I will try to update the same here.If you see the same, kindly post in the comment section.
Note
MONA couldnot sustain the trendline. It is breaking, I would wait and watch for the confirmation.Exit on confirmation or Buy back at 57000, and 45000.
Now, the 300% would increase to 400% trade if you are holding it from 50000
Note
Mona at Oversold stageNote
I bought at 70000 and holding it. I would add more at 50000 levels. many of our trades are forming, have 3-5% or upto 10% of your portfolio in each coin, not more than that. Because If you have 50% on one coin, when it goes up "Yes" happiest moment but when it goes down "Heart would pump a lot" :) lol. So split your investments. Look your NAV (Net asset value) of your portfolio, it should be in profit.
Note
Well, lot of action here. 25% up today.Note
A solid upside movement from 47000, it has to break 63000 to do the rally.41 days of consolidation over and it is building the pace slowly.
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