Monacoin; setting up for a heavy launchMona is in the final steps of a very long correction move.As it clearly moving in a beautiful channel, the target will be the channel upper side.
suggestions:
buy price: 0.8-1 $
TP: 800-1000
NOTICE:
trade on your own risk
Mona
Keep an eye on MONAUSDLot's of alts have been doing crazy gains over the past few months. Even after the correction that is happening right now many will still be to high to enter.
MONAUSD is one to keep an eye on.
Green Zone is reload zone based on fib retracement.
Risk to reward in green zone is 1:10
Ideally we see Mona breaking above long term descending trend line, coming back down to retest it, possibly form some W's and take off from there.
When we come down further our indicators will most likely also show us that Mona is oversold and show us buy signals.
Let's see what the future has in store!
Cheers,
W
Mona AKA MoonaJapanese Doge in a beautiful pennant. Watch and learn how history is made, or join and be a part of it.
MONA/BTC Rising Wedge, Broke 61.8 on Fib RetracementMona already had 3 wonderful breakouts, which i personally remember to happen at the beginning of every Crypto bull run.
We're passed the 61.8 fib suggesting the market has went bear and we will start down trending.
To further suggest we've went bear, we are forming a rising wedge.
There is a trading opportunity to buy in MONABTCTechnical 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 56.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00010900 to 0.00009000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00010900)
Ending of entry zone (0.00009000)
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 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= @ 0.00014500
TP2= @ 0.00017500
TP3= @ 0.00022000
TP4= @ 0.00027800
TP5= @ 0.00034600
TP6= @ 0.00039500
TP7= @ 0.00049000
TP8= @ 0.00058500
TP9= @ 0.00089000
TP10= Free
There is a trading opportunity to buy in MONABTCTechnical 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 56.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00010900 to 0.00009000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00010900)
Ending of entry zone (0.00009000)
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 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= @ 0.00014500
TP2= @ 0.00017500
TP3= @ 0.00022000
TP4= @ 0.00027800
TP5= @ 0.00034600
TP6= @ 0.00039500
TP7= @ 0.00049000
TP8= @ 0.00058500
TP9= @ 0.00089000
TP10= Free
There is a trading opportunity to buy in MONABTCTechnical 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
There is a trading opportunity to buy in MONABTCTechnical 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 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00017600 to 0.00014000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00017600)
Ending of entry zone (0.00014000)
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 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= @ 0.00021870
TP2= @ 0.00025680
TP3= @ 0.00030700
TP4= @ 0.00034550
TP5= @ 0.00041500
TP6= @ 0.00050240
TP7= @ 0.00063110
TP8= @ 0.00070000
TP9= @ 0.00089100
TP10= Free
There is a trading opportunity to buy in MONABTCTechnical 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 52.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00017600 to 0.00014000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00017600)
Ending of entry zone (0.00014000)
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= @ 0.00021870
TP2= @ 0.00025680
TP3= @ 0.00030700
TP4= @ 0.00034550
TP5= @ 0.00041500
TP6= @ 0.00050240
TP7= @ 0.00063110
TP8= @ 0.00070000
TP9= @ 0.00089100
TP10= Free
There is a trading opportunity to buy in MONABTCTechnical 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 52.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00017600 to 0.00014000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00017600)
Ending of entry zone (0.00014000)
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= @ 0.00021870
TP2= @ 0.00025680
TP3= @ 0.00030700
TP4= @ 0.00034550
TP5= @ 0.00041500
TP6= @ 0.00050240
TP7= @ 0.00063110
TP8= @ 0.00070000
TP9= @ 0.00089100
TP10= Free
There is a trading opportunity to buy in MONABTCTechnical analysis:
. MONACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00017600 to 0.00014000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00017600)
Ending of entry zone (0.00014000)
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= @ 0.00025680
TP2= @ 0.00030700
TP3= @ 0.00034550
TP4= @ 0.00041500
TP5= @ 0.00050240
TP6= @ 0.00063110
TP7= @ 0.00070000
TP8= @ 0.00089100
TP9= Free
There is a trading opportunity to buy in MONABTCTechnical analysis:
. MONACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00017600 to 0.00014000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00017600)
Ending of entry zone (0.00014000)
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= @ 0.00025680
TP2= @ 0.00030700
TP3= @ 0.00034550
TP4= @ 0.00041500
TP5= @ 0.00050240
TP6= @ 0.00063110
TP7= @ 0.00070000
TP8= @ 0.00089100
TP9= Free