Ready to launch, don't miss MONGThe heavy accumulations in the last month by the big whales of the market show the explosive movement of this meme, don't neglect buying and holding, it behaves like Turbo.
MONGUSDT
Heavy accumulation, big pump 2024 for MONGUSDTVery heavy accumulation in the wallets of large currency holders indicates a heavy jump in the price of this currency, the time and price correction is nearing its end, wait and enjoy the fruit.
ARE YOU READY FOR 200K ?????A recurring pattern in financial markets
These days, use the range market.
Do heavy loading.
Check the wallets of whales and their daily purchases.
We will have a good flight.
BTC
MONG
DMAGA
MONGUSDT - Important Trend LineTrend Line in white has been providing support for price and is currently being tested
I expect a bullish bounce off this line upwards and for the bull market to enter a more aggressive phase.
Bars pattern in green just shows my bull thoughts.
Trend Line Analysis
Daily Chart
After bonk , pepe, turbo, it's time for mongCharts talk to you.
Take a look at the mong chart.
Volumes, breaks, liquidity limits.
I strongly believe in it.
It will have a good flight.
Accumulations have increased and
Attractive transactions of mong whales
Bullish Analysis of the MONGUSDT ChartBullish Analysis of the MONGUSDT Chart
The chart of MONGUSDT on the 1-day timeframe is displaying highly bullish signs, suggesting a strong potential for upward momentum. Here are the key points:
1. Market Structure Change:
- The chart marks a significant "Market Structure Change" where the trend transitioned from lower highs and lower lows to higher highs and higher lows. This is a clear indication of a shift from a bearish to a bullish trend.
2. Higher Highs and Higher Lows:
- The formation of higher highs and higher lows is a textbook indication of a bullish trend. This pattern demonstrates consistent buying pressure and suggests that the market participants are increasingly willing to buy at higher prices.
- The latest higher low is well-supported by an ascending trendline, adding to the bullish sentiment.
3. Strong Support Levels:
- The green ascending trendline shows that the price is respecting a strong upward support level. This trendline acts as a foundation for the bullish trend, preventing the price from falling below it.
4. Exponential Moving Averages (EMAs):
- The shorter-term EMA (likely the 50-day EMA) has crossed above the longer-term EMA (likely the 200-day EMA), forming a "Golden Cross." This crossover is a powerful bullish signal indicating the potential for sustained upward momentum.
5. Volume and Momentum Indicators:
- The increase in volume during the higher high formations suggests that the upward moves are supported by strong buying interest.
- Momentum indicators, such as the Relative Strength Index (RSI) at the bottom of the chart, are likely trending upwards, further confirming the bullish momentum.
6. Potential for Explosive Move:
- The purple arrow pointing upwards on the chart symbolizes a potential explosive move to the upside. This suggests that the market could experience a significant rally, propelled by the bullish market structure and strong support levels.
### Summary
The MONGUSDT chart presents a highly bullish scenario with clear higher highs and higher lows, a market structure change, strong support levels, and bullish technical indicators such as the Golden Cross. The combination of these factors indicates a robust potential for an upward breakout, making it an exciting opportunity for investors and traders. Keep an eye on the price action around the ascending trendline and the formation of new higher highs for confirmation of continued bullish momentum.
Mong looking good herestart accumalting mong as more exchanges are starting to list it.
could be the next great meme coin
MONG Uptrend?We see a breakout in the 30m chart. It would be better if it would do a restest, but mostly these memetokens don't do retests. I am not Long, I am just watching currently, after retest maybe Yes!
Mong Short possibleCurrently we see lower lows and the chart fits perfectly with the support and res without any retest. So nice short possible. I am waiting till the price hits
