There is a possibility of the beginning an uptrend in MONABTCTechnical analysis:
. MonaCoin/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 52.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
. The RSI downtrend downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00018600 to 0.00014000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00018600)
Ending of entry zone (0.00014000)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00025680
TP2= @ 0.00030700
TP3= @ 0.00034550
TP4= @ 0.00041500
TP5= @ 0.00050240
TP6= @ 0.00063110
TP7= @ 0.00070000
TP8= @ 0.00089100
TP9= Free
Mona
YOU WANNA FEEL LIKE A WHALE? MONACOINMONACOIN is a flash pump coin.
as you can see it is retesting the breakout level. as well the major trendline.
It will hold.
You can also see that price is actually slowly going down, while volume come back and RSI grow up.
For me it is enough to think that it will pump soon.
You can unload in the yellow area.
As we don't know which direction BTC will take, you should not gamble too much on this trade.
BIO
Decentraland VS Bitcoin Uptrend ContinuesAfter Decentraland fond the bottom at 1150 satoshis, back on the 28th of May, price went up and broke above the downtrend trendline as well as the 200 Moving Average. On a correctional move down MANA/BTC rejected the 8/1 Gann Fan trendline for two consecutive times.
At the same time, since 6th of June, MANA has been trading above the Moving Average, and in fact found the strong support there, that is 1350 satoshis. Today price closed above th previous high, suggesting the continuation of the uptrend.
The strong resistance is seen at 2150 satoshis level, that is confirmed by two Fibonacci levels, mainly the 61.8% retracement. While the uptrend is likely to continue, daily break and close the already established support at 1300 satoshis area could invalidate the uptrend resulting in Decentraland moving towards 1000 satoshis psychological support.
MONACOIN ON 1,000% TRAJECTORY COURSE AFTER BOTTOM REVERSALThis coin has been in massive downtrend for a while now. We firmly anticipate immense price action after market recovery begins and bottom is found which will be on either of the two demand zones.
Short term (few days) price change -55%
Medium term (2-7 weeks) price change -15% to 75%
Long term (several month) price change 250% - 1,100%
Conclusion
If you're not interested in long term game, wait for a better opportunity or for support to be found before entry.
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
MONA, lateralized and undecided.MONA has decided to take a break in its long drop and appears lateralized in this narrow channel during the last week; for now it is better to be on the sidelines of this currency until it takes a clear path, although all options seem bearish in the short term.
MONA COIN LEADING BTC INDICATOR BY DANIEL BRUNO, CMTSEE MY PRIOR MONA CHART BELOW AND GET IN TOUCH IF YOU MANAGE MONEY
BTC LOSING ITS KNEEJERK REACTION TO MONA BUT STILL MONA IS USEFUL TO SEE WHICH WAY WIND IS BLOWING
DANIEL BRUNO. CMT
MONABTC, BUY-IN ZONE!MONACOIN has been on a retracement since its last bull run, and has reached its first support, the coin may go on reversal anytime as RSI shows oversold, the red Elliot Wave looks at its peak and is looking for a move up, the MACD still looks down however it can start its way up any time soon, in my opinion, as its the first time it hits this support level after its retracement and sudden spikes may happen. If it finds its support at this level we should see it heading towards its first resistance at the price of 0.0005 BTC HOWEVER this support may be weak if the market goes bearish and we should rebuy at the next support which is 0.00043 BTC.
BUY-IN: 0.00046-0.00047 BTC
Targets:
1. 0.0005 BTC
2. 0.00055 BTC
Stop-loss: 0.00045 BTC
Re-buy: 0.00043 BTC
Good Luck, Traders!
ASHANTI!
MONA COIN LEADING INDICATOR BITCOIN. BY DANIEL BRUNO, CMTOBSERVE THE BLUE LINE (MONA) LEAD BITCOIN PRICE ACTION BY A DAY AT EVERY VERTICAL
AT OTHER TIMES IT IS SIMULTANEOUS
MONACOIN IS MORE POPULAR IN JAPAN WHICH IS GMT -10 TO -12
DANIEL BRUNO, CMT
LOOK ME UP ON LINKEDIN
MonaCoin ScenariosMonacoin has formed a double near $2.8 after which it attempted to break above the downtrend trendline, but no clear breakout followed. Price went back and formed another double bottom at 88.6% Fibonacci retracement.
Clearly there is strong support around $2.8 and this could be a potential reversing point for MONA/USD. But it could be a little premature at this stage to say that trend is reversing as the bearish momentum is still intact.
Bullish scenario: MonaCoin has to break and close above $4.2 resistance in order to move higher, in this case upside target is seen at $7
Consolidation scenario: Price could be trapped between $2.8 support and $3.3 resistance for a little while, break above or below should give some clues on further direction.
Bearish scenario: MONA/USD closes below $2.8 support, this might result in a more decline towards $2 psychological support and perhaps slightly lower - $1.8.
Its happenig. Mona ready for 12xMona is done with it's reapeating cycle and is getting ready for the bull run. A potential $40 june peak
MonaCoin (MONA) breaking out. Very Bullish!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 uptrend. The StochRSI is very bullish and MACD has crossed over on both the 1D chart and the 4h chart.
So we have uptrend on the short term, and bullish signals on the long term, with oversold on the 1W chart. This is enough for me share this idea now.
Please invest wisely and at your own risk. Cheers and goodluck!
Tips:
BTC - 1L6dcD8CZAdevQnjJQCeWXMsmN8WT4gPib
ETH - 0x080cC01b0abA63Bde5cC535d92F0fEd8722b1678
MonaCoin VS Bitcoin Expected To Rise 150%MonaCoin uptrend is still intact since it continues to produce higher highs and higher lows. On the 6th of January price reached an all-time high, hitting btc 0.00175, while at the same time producing spike above the very strong resistance at btc 0.00155.
The corrective wave down followed resulting in a 75% drop. The correction was stopped at 127.2% Fibonacci support, which has been rejected together with the uptrend trendline. At this point, MONA/BTC is likely to continue moving up towards a key resistance at btc 0.00155. Break above will confirm the longer term uptrend, while if rejected, a consolidation or a correction should take place. On a downside, only a break and close below the 30k satoshi support could invalidate bullish outlook.
Safe, in MONA's arms...Check out this chart.. There are confirmations all over it.. i hope!!! Safe Haven for now with some possible upside. It seems to have been fairly resistant to BTC fluctuations and is in a nice uptrend channel.
Fib cycle lines pinpoint energy on a 7, 21, 77 and 231 day MA.
Good upward pressure from the 231..
Fib retracement shows solid support at .00054BTC
Look for 50%-100% in the next week or two..
Feedback is welcome!!
MONA Buy OpportunityMona has really fallen off after its last big spike and is looking for another. Mona is a solid coin and has a good future so I think we can only go up from the bottom.
We are going to aim for conservative targets but if Mona comes out with any notable news or is able to repeat a big push we may see a +200% increase.
Buy-in:
.00053
Stop-loss:
.00035
Targets:
(1) .00066 (25%)
(2) .00078 (47%)
(3) .00090 (70%)
(4) .00117 (120%) (All time high)
Like almost all of my trades, this one may take a couple days to start playing out. Also, not all targets are always hit, they serve as a reference while the trade plays out.
Take profits and sell off for the price that is comfortable for you, we are all in different places in investing. I prefer to take safer trades that almost always guarantee
profit and using patience instead of trying to catch a higher risk coin that may tank.
Wanna quick 30%???? MONABTCMONA's looking for a breakout!
Cycle lines look right, solid support over the last couple days, good upward pressure by the 231MA(white shade area), 7MA crossing up on the 77MA. Price will most likely be rejected by the 231 but not before you see 30% gains, in a short amount of time, like less than a week. If you want to stay in longer, we might see a full on break out. So far MONA has enjoyed some pretty clean cycles, and if 1 plus 2 equals 3 then this next break out could be pretty big. Lemme know what you all think.