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.
MONABTC
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.
MonaBTCI keep my eye on Mona..both of them at times... Its has very "neat" cycles, very clear break out, breakdown, flatline. In about 1.5 months of each other so far.
I use the BOSS Method to chart.. this includes mostly a 7 and 77 day moving averages, BOSS Method can also incorporate 21(red) day and 231 day.
Right now I believe Mona is looking for a "mini-breakout", the 7(green) day is crossing the 77(orange) in an upward trend, the 231 day has huge upward momentum still which i feel like will push price up favorably by a minimum of 35%. Over the last 2 days it found good support and is back on its way up. My gut tells me it will most likely be rejected by the 231 day(grey area) as long as the 77 is under the 231, but not before a quick 35% gain. Probably a good week long trade, maybe less, starting now.
Cheers!!
Isaac
MONA Room To Grow in 43 hrsAs the MA 50 begins to reform over the MA 100, we could see consolidation or horizontal movement. If we see the MA 200 dip under 100, I suspect a full bull run.
My gut tells me that MONA will go up and will stay within its channel (follow the resistance green band down). We will see in 43 hours, until then I want to buy as it begins to hit the lower support levels (follow the support line orange band down). The white band shows a temporary resistance band that could show the new resistance if it does break above the longer one.
MONA: The Japanese favoriteMONA is the first Japanese cryptocurrency and is the go to coin for the Japanese people. I'm not really up to date with the fundamentals of this coin but it is an established coin and has been around since 2014. Also, Japan is starting to become more and more crypto-friendly and the Japanese are getting more crypto-aware, so this should be an opportunity for MONA.
Looking at the chart, the price is retracing after the third wave and might bounce from the blue box since it is highly oversold on the stoch RSI and there is a major cloud resistance in this area. If so, that could be the start of the last leg and this could mean a very nice profit.
Mona is ready for 300% gainHello 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.
MONA Has Great Potential in The Upcoming WeeksMona's first breakout point was crushed by what BTC was doing. I think Mona has minimum 50% potential once BTC allows for the growth.
Everyone be careful with this trade because of BTC but surely dont let these gains sneak past us.
Stay safe traders.
Monaco maybe side way If him don't crash 9800Monaco maybe side way If him don't crash 9800
Then him go far with support XABCD Patter, Triangle Patten
Thanks
MONA - Short $11.50 - 16.00+ - Great buy pointsIf we bull our way past ~$15.00 (more importantly, 0.00097 satoshi), we should see a MASSIVE price change in the positive for MONA.
Bollingers are tightening up, indicating a stable price range has been closed upon.
OBV is high, but has been stable for nearly 2 months and historically that means a positive move for MONA.
RSI has clearly penetrated the 14 day RSI MA and stayed above in a parallel fashion.
MACD is above the signal line, but again in a parallel fashion and only above the line by a marginal amount.
So long as BTC doesn't hit 17.5k today, MONA should see a massive pump in the next 3-10 days.
My buy points & amounts are as follows:
0.00084 - 50 MONA
0.00077 - 200 MONA
0.00070 - 300+ MONA
Good luck, and as always, be safe with your trades. Bet what YOU want to bet, but understand what Risk vs. Reward is.
Cheers,
-Jordan
P.S. Please comment, agree, or share this if you found it useful. Feel free to leave me direct messages or say something in here if you have questions, or suggestions on my presentation of this technical analysis. Your feedback is tremendously helpful!
Falling Wedge MONABTC looking like a strong buy today as its breaking out of the falling wedge pattern.
This reversal could be pretty big considering the last pattern back in mid-october. Either way this is a good coin to be holding while youre on vacation during holidays.
OPtimal take profit would be around 130-150k, probably will take place before the new years.