There is a trading opportunity to buy in MONABTC
Technical 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
. 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
High Accurate AI-Generated forecasts for:
🌟36 Forex Pairs
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FREE Telegram 👉 t.me/forecastcity_com
🌟36 Forex Pairs
🌟175 Cryptos
🌟16 Stock & Currency Indices
🌟Gold,Silver,Oil,Gas
✅ Best Profitable Trading Strategies
✅ in 9 languages
✅ since 2007
FREE Telegram 👉 t.me/forecastcity_com
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