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Monacoin

Wanna quick 30%???? MONABTCMONA's looking for a breakout! Cycle lines look right, solid support over the last couple days, good upward pressure by the 231MA(white shade area), 7MA crossing up on the 77MA. Price will most likely be rejected by the 231 but not before you see 30% gains, in a short amount of time, like less than a week. If you want to stay in longer, we might see a full on break out. So far MONA has enjoyed some pretty clean cycles, and if 1 plus 2 equals 3 then this next break out could be pretty big. Lemme know what you all think.
Short
by isaacschmid
1
MonaBTCI keep my eye on Mona..both of them at times... Its has very "neat" cycles, very clear break out, breakdown, flatline. In about 1.5 months of each other so far. I use the BOSS Method to chart.. this includes mostly a 7 and 77 day moving averages, BOSS Method can also incorporate 21(red) day and 231 day. Right now I believe Mona is looking for a "mini-breakout", the 7(green) day is crossing the 77(orange) in an upward trend, the 231 day has huge upward momentum still which i feel like will push price up favorably by a minimum of 35%. Over the last 2 days it found good support and is back on its way up. My gut tells me it will most likely be rejected by the 231 day(grey area) as long as the 77 is under the 231, but not before a quick 35% gain. Probably a good week long trade, maybe less, starting now. Cheers!! Isaac
Short
by isaacschmid
MONA Room To Grow in 43 hrsAs the MA 50 begins to reform over the MA 100, we could see consolidation or horizontal movement. If we see the MA 200 dip under 100, I suspect a full bull run. My gut tells me that MONA will go up and will stay within its channel (follow the resistance green band down). We will see in 43 hours, until then I want to buy as it begins to hit the lower support levels (follow the support line orange band down). The white band shows a temporary resistance band that could show the new resistance if it does break above the longer one.
by PreSager
1
MONACOIN Descending Wedge Will Lead to 300% or Higher!!More analysis to come. But this baby is growing exponentially and repeating patterns that it did before. We're coming to the end of this correction. Two pieces of evidence for a descending wedge AND a cup and HANDLE!! This is IT right here guys! Let's say we continue this linear progression for growth that we have seen for waves 1 and 3, then wave 5 could lead as high as $54. But we will leave that for another day, let's just focus on $30 for now.
MLong
by Elijah_Trading
21
MONA - Short $11.50 - 16.00+ - Great buy pointsIf we bull our way past ~$15.00 (more importantly, 0.00097 satoshi), we should see a MASSIVE price change in the positive for MONA. Bollingers are tightening up, indicating a stable price range has been closed upon. OBV is high, but has been stable for nearly 2 months and historically that means a positive move for MONA. RSI has clearly penetrated the 14 day RSI MA and stayed above in a parallel fashion. MACD is above the signal line, but again in a parallel fashion and only above the line by a marginal amount. So long as BTC doesn't hit 17.5k today, MONA should see a massive pump in the next 3-10 days. My buy points & amounts are as follows: 0.00084 - 50 MONA 0.00077 - 200 MONA 0.00070 - 300+ MONA Good luck, and as always, be safe with your trades. Bet what YOU want to bet, but understand what Risk vs. Reward is. Cheers, -Jordan P.S. Please comment, agree, or share this if you found it useful. Feel free to leave me direct messages or say something in here if you have questions, or suggestions on my presentation of this technical analysis. Your feedback is tremendously helpful!
by jhindman989