MonoCoinSignal

MonoCoinSignal

Recently, the price of ADA has found support at a crucial level and there are signs of a forming bullish pattern. Additionally, previous support levels are now acting as resistance. There is a possibility that a new upward channel is forming, but overall, the current market trend remains bearish.

MonoCoinSignal

The overall trend for BNB is bullish. After forming a bullish pattern known as a running flat, the price of the currency has experienced a significant rise. Currently, the price is fluctuating within a blue-colored range, and if it breaks out of this range, the price could change by the width of the range.

MonoCoinSignal

Pepe is currently in an upward trend. Our analysis shows this is supported by higher lows and higher highs, with an ascending trend line that has been drawn. Following the formation of bullish reversal patterns near this trend line, the price has increased and achieved set targets. After breaking through resistance levels, the price has reached a new support...

MonoCoinSignal

In the current climate of the Bitcoin market, we are seeing a consolidation pattern forming with the price teetering around $64,222. The persistent challenge at the $70K resistance has become a decisive battlefield for bulls and bears, indicative of the market's pivotal indecision. The Bollinger Bands display a widening gap, suggesting an increase in volatility...

MonoCoinSignal

After a momentous breakout above its All-Time High (ATH) range of approximately $2,140 - $2,450, gold is flashing signals of a strong bullish uptrend. The consolidation just above the ATH manifests a potential bullish flag formation, indicative of a continuation pattern. Subsequent to the breakout, gold has retested the ATH, now turned support, before launching...

MonoCoinSignal

The price of NEAR has managed to break through a significant resistance observed at the last peak of the downward trend, entering an upward trend phase. By reaching a specific area marked in green, not only has this level been breached, but it seems that the price is stabilizing at this new level. The existing bearish candles, which are considered a pullback, will...

MonoCoinSignal

In the weekly technical analysis of HBAR, we observe that its chart has formed a triangular pattern. Recently, the upper side of this triangle has broken, indicating that the initial target set (TP1) has been achieved. After reaching this target, the price entered a corrective phase and reached a significant support area, which is highlighted in blue on the...

MonoCoinSignal Updated 

SHIB is currently showing a price action that's worth noting. The token has been unable to break a particular resistance level for about three weeks now. On the 4-hour chart, SHIB is trading at a point that has acted as both resistance and support in the recent past, indicating its significance. The MACD is hovering just below the signal line and the histogram...

MonoCoinSignal

The price of the SHIBA token faced a correction after reaching a significant and prominent resistance area, which is displayed in orange, and returned to the designated support zone marked in red. However, this initial support was unable to prevent a further decline in price, and it appears that the price has entered a new phase of correction. Currently, the...

MonoCoinSignal

In the weekly analysis of Aptos (APT), we observe an upward trend. The new lows and highs are higher than the previous ones, indicating the sustainability of the bullish trend. After the end of the corrective wave and the price reaching the channel's bottom, a strong upward trend has formed. Based on daily patterns, the price is expected to rise towards the...

MonoCoinSignal

STX is in an overall uptrend. Prices have moved within an ascending channel, forming higher lows and higher highs. After breaking through a resistance marked in orange and performing a pullback, the price has reached the channel's upper boundary. Currently, with the formation of bearish candles, the price is reacting to the resistance at the top of the channel and...

MonoCoinSignal Updated 

Bitcoin's journey around the $70K mark has become a well-known story in the trading world. It's like a ceiling that just won't give way. Every time Bitcoin's price climbs, it seems to hit its head on this $70K mark and drops back down to around FWB:65K —a safer spot that traders seem more comfortable with. When we look at the Bollinger Bands, we see Bitcoin's...

MonoCoinSignal

On a daily timeframe, we have drawn an ascending trendline and are witnessing the formation of an upward pattern known as a running flat. After this pattern was formed, the currency experienced a significant increase and is currently undergoing price and time corrections. Previously, we had mentioned the possibility of forming a triangle pattern, the upper side of...

MonoCoinSignal

The price initially fluctuated within a specific range between the first support and resistance levels. After breaking the first resistance and forming a pullback, the price is expected to rise towards the second orange box. Additionally, the current bearish candles are considered a temporary correction, and given the bullish and reversal patterns on the daily...

MonoCoinSignal

OKB has recently formed a triangular pattern, where the upper side of the triangle is highlighted with black lines and has successfully broken upwards. Based on this breakout, new price targets have been determined. Additionally, the lower side of the triangle is considered as an ascending trendline, serving a supportive role. Currently, the price is moving...

MonoCoinSignal

In the 4-hour timeframe of ADA, we previously observed an upward trend, which warranted the drawing of an ascending trendline. However, the market trend has recently shifted downward, confirmed by the breaking of the first significant support, known as the blue box. This area, previously recognized as the main support, has failed to prevent a price drop, resulting...

MonoCoinSignal

Previously, we discussed that orange zones would act as resistance levels and green zones as support levels. After reaching the first resistance level, the price encountered a correction phase and then settled at the targeted support level. Subsequently, following a period of fluctuation in that area, the price managed to break through the red resistance level,...

MonoCoinSignal Updated 

Gold is currently priced at $2,324, showcasing a steady climb in its 4-hour chart. It's not just that the price is ascending; it's doing so in a manner that traders often describe as "healthy," with a consistent pattern of peaks and troughs suggesting controlled buying interest rather than speculative spikes. This is a typical characteristic of the forex market,...