MonoCoinSignal

MonoCoinSignal

Solana 's price movements have recently led it to confront the 4-hour chart's 0 Fibonacci level, acting as a crucial resistance point. The current price of $107 sits just below this level, after a rejection at the upper Bollinger Band, indicating a potential short-term ceiling for the price. The Bollinger Bands have widened, suggesting increased market volatility...

MonoCoinSignal

The daily chart for Ethereum shows a strong upward trend, highlighted by a consistent pattern of rising peaks and troughs. We've introduced Fibonacci retracement levels from the 4-hour chart, which help short-term traders spot potential areas where the price may pause or reverse—these aren't as visible on the daily chart. Right now, Ethereum is approaching the...

MonoCoinSignal

The S&P 500's latest weekly close at 4971 reflects ongoing bullish momentum, positioned just below the upper Bollinger Band resistance of 5136.3. The market's resilience is further underscored by the MACD's positive divergence above its signal line. Looking down, the Simple Moving Average at 4854.7 serves as the pivotal support, reinforcing the trend's strength....

MonoCoinSignal

At present, Polkadot is oscillating above a robust support level, indicating a steady position in the market. Should it manage to overcome its descending trendline, it could pave the way for significant upward momentum and growth.

MonoCoinSignal Updated 

• Bitcoin has been moving as we predicted earlier. • If you look at its daily chart, you will notice that Bitcoin has reached the upper boundary of its upward trend channel and has started to decline. • The $43,500 support level, which we had identified as an important level to watch, has now been breached. • Currently, Bitcoin's price is situated below the...

MonoCoinSignal

The current trend of Bitcoin in the 4-hour timeframe is bullish. The price has successfully surpassed the orange resistance box, and it's anticipated that, following a minor and brief correction, the price will continue to increase. At present, a bullish pattern has emerged, with Bitcoin's price reaching the vicinity of the orange box. Should the price breach the...

MonoCoinSignal

The price of Ethereum has experienced a rise from the lower boundary of its trading range, marked by a blue box, advancing towards an area characterized by a resistance box. This upward movement in price has coincided with the emergence of a bearish pattern, suggesting the likelihood of a forthcoming price correction. In addition, there's an upward trend line that...

MonoCoinSignal

The trend of Cardano in the 4-hour timeframe indicates that its primary trend is bearish. Price fluctuations are expected between the channel's boundaries. The recent price increase seems to be a temporary corrective wave. It's anticipated that after hitting the channel's top and forming a bearish pattern, the price will decline again. The key point is the support...

MonoCoinSignal

The trend for Litecoin on a weekly timeframe is downward. A descending trendline has been established, and due to the recent lag in growth, the price has revisited the descending trendline area, resulting in a decline. The orange support box at the Fibonacci 0 level is identified as a crucial support area, which has repeatedly influenced price reactions. At...

MonoCoinSignal

AXS initiated an upward trend after successfully breaking through the downtrend's resistance level. This upward movement persisted until it reached the resistance area, marked by the orange zone, where a price correction subsequently occurred. The resumption of price growth is anticipated if bullish patterns appear. On the daily timeframe, the blue box serves as a...

MonoCoinSignal

In the weekly and daily timeframes, FLOW has broken through its downward trend line after recent growth, signaling an upward trend. However, it encountered resistance and is now undergoing a correction. The current bearish candles represent a temporary, minor correction. The blue area is a key support zone, and if the price continues to correct here, a rebound...

MonoCoinSignal

In the weekly timeframe, APE shows a clear downward trend with lower lows and highs. Its recent rise was brief, reversing after meeting significant resistance. In the daily timeframe, the downtrend continues. Price has reached a critical support (blue zone). If it falls below this, expect further decline. However, a rise above the orange zone (the last downtrend...

MonoCoinSignal

The OP's trend on the weekly timeframe is bullish, marked by forming higher lows and highs. It has created an ascending channel, predicting price fluctuations within it and continued growth. A bullish pattern at the channel's bottom targets the channel's top. However, a significant resistance zone (orange zone) must be overcome. Although the price has failed to...

MonoCoinSignal

Currently, the price of PEPE has closed below the previously established support box, indicating that this support zone has been breached. As a result, the formation of a lower high compared to the prior high and a lower low compared to the prior low is observed, signaling a downward trend. Accordingly, a descending channel has been established, and it is...

MonoCoinSignal

BABYDOGE has broken below its ascending channel support. A pullback occurred, but further price decline is expected. The blue box, a key support level, is crucial for future direction. If the price drops below this blue box, BABYDOGE's daily trend will turn bearish, indicating an overall downtrend. Further price reduction is likely, with the next support zone in...

MonoCoinSignal Updated 

The 4-hour chart shows that Bitcoin is currently in a downtrend. This bearish trend is attributed to the loss of major support, evidenced by the formation of a lower low compared to the previous low, and a lower high compared to the previous high. At the moment, Bitcoin is experiencing a pullback to the previously breached support zone, which is expected to extend...

MonoCoinSignal

In the weekly timeframe for Ripple, a distinct ascending channel is observed where the price fluctuates. Responses to resistance area (orange box) and support area (blue box) can be significant turning points in determining the price trend. Currently, XRP is in a correction phase and, if bullish patterns are observed in these areas, an upward trend is expected to continue.

MonoCoinSignal

Cardano has exited the bottom of its trading range and entered a downtrend. This inference is made from the formation of lower highs and lows compared to previous ones, as well as the formation of a descending channel. Additionally, it is expected that the price within this channel will experience fluctuations. The blue box area is considered as a significant and...