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MONABTC

MONABTC It's time for history to repeat itself! 1000% gains?I think things are looking extremely bullish for MONABTC. On the weekly we can see us reaching a long term support line and nicely holding it. On the other side we have a decending resistance line. Combined they form a falling wedge. We're currently breaking out of this wedge that is situated near the all time low. This gives us tons of upside potential and great risk to rewards. Also on the weekly charts you can see what followed after bottoming out in January 2017. Mona made an incredible 60x from the bottom after that. When we look at oscillators and indicators we can see that Both Willy and stochastic are oversold Bullish divergences And also OBV has been very steady while price kept on falling. All these things combined tell me that things are looking good for MONABTC. I'm definitely spreading my buy orders so I can get my hands on some extra when retesting the breakout / decending trendline. Some targets to keep an eye on are in purple. What do you think about this? Let me know! Cheers, W
Long
by WouterNRS
There is a trading opportunity to buy in MONABTCTechnical analysis: . MONACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 56. . The RSI downtrend & The price downtrend in the daily chart are 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 (0.00010900 to 0.00009000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00010900) Ending of entry zone (0.00009000) 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 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= @ 0.00014500 TP2= @ 0.00017500 TP3= @ 0.00022000 TP4= @ 0.00027800 TP5= @ 0.00034600 TP6= @ 0.00039500 TP7= @ 0.00049000 TP8= @ 0.00058500 TP9= @ 0.00089000 TP10= Free
Long
by ForecastCity
2
There is a trading opportunity to buy in MONABTCTechnical analysis: . MONACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 56. . The RSI downtrend & The price downtrend in the daily chart are 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 (0.00010900 to 0.00009000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00010900) Ending of entry zone (0.00009000) 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 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= @ 0.00014500 TP2= @ 0.00017500 TP3= @ 0.00022000 TP4= @ 0.00027800 TP5= @ 0.00034600 TP6= @ 0.00039500 TP7= @ 0.00049000 TP8= @ 0.00058500 TP9= @ 0.00089000 TP10= Free
Long
by ForecastCity
2
What are you guys thinking, first time drawing my trade!!My tought on Mona, This is my first drawing hope u guys like it, If u have any feed back let me know, This is no trading advise hahaha there a just my toughts about my trade. I'm hoping for a next break out and will make sure my sell order is in the books soo it doesn't really matters when it happens. just not sure about my stop loss. If any off u guys have any good apps ore programs for putting in both stop losses and sell orders at once at Binance, please let me know.
by MDR0172
There is a trading opportunity to buy in MONABTCTechnical analysis: . MONACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00014400 to 0.00010200). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00014400) Ending of entry zone (0.00010200) 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= @ 0.00019450 TP2= @ 0.00021870 TP3= @ 0.00025680 TP4= @ 0.00030700 TP5= @ 0.00034550 TP6= @ 0.00041500 TP7= @ 0.00050240 TP8= @ 0.00063110 TP9= @ 0.00070000 TP10= @ 0.00089100 TP11= Free
Long
by ForecastCity
1
There is a trading opportunity to buy in MONABTCTechnical analysis: . MONACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 57. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00017600 to 0.00014000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00017600) 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 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= @ 0.00021870 TP2= @ 0.00025680 TP3= @ 0.00030700 TP4= @ 0.00034550 TP5= @ 0.00041500 TP6= @ 0.00050240 TP7= @ 0.00063110 TP8= @ 0.00070000 TP9= @ 0.00089100 TP10= Free
Long
by ForecastCity
1
There is a trading opportunity to buy in MONABTCTechnical analysis: . MONACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 52. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00017600 to 0.00014000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00017600) 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= @ 0.00021870 TP2= @ 0.00025680 TP3= @ 0.00030700 TP4= @ 0.00034550 TP5= @ 0.00041500 TP6= @ 0.00050240 TP7= @ 0.00063110 TP8= @ 0.00070000 TP9= @ 0.00089100 TP10= Free
Long
by ForecastCity
There is a trading opportunity to buy in MONABTCTechnical analysis: . MONACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 52. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00017600 to 0.00014000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00017600) 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= @ 0.00021870 TP2= @ 0.00025680 TP3= @ 0.00030700 TP4= @ 0.00034550 TP5= @ 0.00041500 TP6= @ 0.00050240 TP7= @ 0.00063110 TP8= @ 0.00070000 TP9= @ 0.00089100 TP10= Free
Long
by ForecastCity
There is a trading opportunity to buy 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 42. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00017600 to 0.00014000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00017600) 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
Long
by ForecastCity
There is a trading opportunity to buy 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 42. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00017600 to 0.00014000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00017600) 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
Long
by ForecastCity