MONGUSDT trade ideas
A 10X trade for MONG This is a huge symmetrical triangle on the weekly time frame a breakout from here is a 10X potential.
on the other hand, on the monthly time frame, you will see a leading diagonal and its correction representing the wave 1 and wave 2. Meaning we are about having wave 3 which will be huge. IMO.
This is not a financial advice. DYOR.
BULLLISH MOMENTUM TO START SOONSmart Money contraction value lines are areas where trends get rejected or if a trend passes the value line, usually returns to the value line. Smart Money creates these through consolidation.
It's a way how they communicate with one another.
The white rectangle is the buying zone. This area reads freedom for the price to move up anywhere.
Blue Wave Bull Plot is about to light up a match to start the rocket launch. Has been ready since July 25th.
Stochastic RSI may have to move up, down, and then back up twice on a 1D TF but you must hop to a 3D TF to get an idea of which if I were trading MONGU, I'd go long and use a 3D TF and I would not pay any attention to the HERD NOISE.
If I were to use a lower timeframe then I'm setting myself up to sell out of panic. Anything above 88 in the stochastic RSI is super bullish.
I also wouldn't enter the trade until the trend reaches the white rectangle at 0.000000041280
Anyone must expect delays if you bought below the white rectangle
mong's next move after bitcoin stabilizationConsidering that mong has reached the corner of the triangle and the price floor, it is likely to take a strong upward movement
Especially since during the growth of many altcoins, mong did not grow significantly
Since the market cap of this currency is very low, even if it grows ten times, the market cap will not be very high. It is currently operating with a market cap of 11 million.
Turbo with 380 million, Pepe with 5 billion, Floki with 1.7 billion, Wojack with 68 million market cap
Mongusdt Trading opportunityMongusdt is showing signs of a potential impulsive wave following a breakthrough of a strong bearish trend. The coin has completed 5 downward waves.
The buyback zone presents a favorable area for coin accumulation, while the external demand area serves as a crucial support level to monitor in case the buyback zone fails. Projected targets have been indicated on the chart.
Your engagement with our current findings is greatly appreciated. Thank you.
MONGUSDT - Important Trend LineTrend Line in white has been providing support for price and is currently being tested
I expect a bullish bounce off this line upwards and for the bull market to enter a more aggressive phase.
Bars pattern in green just shows my bull thoughts.
Trend Line Analysis
Daily Chart
MONGUSDTHello traders hope you are enjoying our Analysis.
Now we are here again with a new trading opportunity ,we will discuss today about mongUSDT
smart money concept analysis: Don't get caught in whale traps. What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author
Bullish Analysis of the MONGUSDT ChartBullish Analysis of the MONGUSDT Chart
The chart of MONGUSDT on the 1-day timeframe is displaying highly bullish signs, suggesting a strong potential for upward momentum. Here are the key points:
1. Market Structure Change:
- The chart marks a significant "Market Structure Change" where the trend transitioned from lower highs and lower lows to higher highs and higher lows. This is a clear indication of a shift from a bearish to a bullish trend.
2. Higher Highs and Higher Lows:
- The formation of higher highs and higher lows is a textbook indication of a bullish trend. This pattern demonstrates consistent buying pressure and suggests that the market participants are increasingly willing to buy at higher prices.
- The latest higher low is well-supported by an ascending trendline, adding to the bullish sentiment.
3. Strong Support Levels:
- The green ascending trendline shows that the price is respecting a strong upward support level. This trendline acts as a foundation for the bullish trend, preventing the price from falling below it.
4. Exponential Moving Averages (EMAs):
- The shorter-term EMA (likely the 50-day EMA) has crossed above the longer-term EMA (likely the 200-day EMA), forming a "Golden Cross." This crossover is a powerful bullish signal indicating the potential for sustained upward momentum.
5. Volume and Momentum Indicators:
- The increase in volume during the higher high formations suggests that the upward moves are supported by strong buying interest.
- Momentum indicators, such as the Relative Strength Index (RSI) at the bottom of the chart, are likely trending upwards, further confirming the bullish momentum.
6. Potential for Explosive Move:
- The purple arrow pointing upwards on the chart symbolizes a potential explosive move to the upside. This suggests that the market could experience a significant rally, propelled by the bullish market structure and strong support levels.
### Summary
The MONGUSDT chart presents a highly bullish scenario with clear higher highs and higher lows, a market structure change, strong support levels, and bullish technical indicators such as the Golden Cross. The combination of these factors indicates a robust potential for an upward breakout, making it an exciting opportunity for investors and traders. Keep an eye on the price action around the ascending trendline and the formation of new higher highs for confirmation of continued bullish momentum.
MONG: $0.000 000 0 835 Follow the Money cashing out from early accumulation is life changing experience
buying late or in between the PLAY is a Disaster
waiting is the key
waiting for that one RED BIG CANDLE or exhaustion of liquidity
for HANDLER to pick up or buy back FLOAT for next run up
in about 100day
Mong .. Seems to be a trend here.. Looking at the gann you can see everytime price has come down to the bottom of the gann and slipped outside of it.. there has been a bounce.. doesnt mean this will continue.. but it looks like its moved back into the gann..
MONG MEME COIN (Bottom in?) Just For Fun MONG can go even lower... a basic rule with all MEME coins
This chart is more experimental
Not a financial advice to risk money into this MEME coins
Is just for fun and that s it.
About
This name of this coin was made up by Mr.Sherman during a brief interview -
(watch the video on the website)
The MongMob was born out of the incoherent ramblings of a US congressman. Mongs are immortal, surviving both rugs, and bear markets. They value friendship, degenerate meme culture, and good vibes. If you align with these values grab some $MONG and welcome to the mob.
DYOR
MONG/USDT 97% Down in 30 Days Important Crypto Investment Reminder
Be cautious of rug pulls!
Crypto investors, beware of recent incidents like the Mong Coin price drop of almost 97% in just 30 days!
It's crucial to diversify your investments and avoid allocating too much of your funds to a single coin.
Diversification is key!
By spreading your investments across multiple coins, you can reduce the impact of any individual coin's performance on your portfolio. Diversifying helps mitigate risks and provides a safety net against sudden price drops like the one experienced by Mong Coin.
Example Case:
On 6th May 2023, the price of $Mong was $0.00000038. If you had invested $1000 in #MONG/USDT at that time, your investment would now be worth approximately $35, resulting in a significant loss.
Stay systematic and informed!
To make smart investments, conduct thorough research, and consider the underlying fundamentals of a project before committing your funds. It's recommended to follow a systematic investment strategy and approach to minimize risks and increase the chances of achieving your financial goals.
Stay vigilant and happy investing!