MonoCoinSignal

MonoCoinSignal Updated 

On the 4-hour timeframe, it is observed that the overall price trend is bullish, confirmed by drawing an ascending trend line. Upon a closer examination of the chart, a triangular pattern formation is noticed, indicating a continuation of the bullish trend after the upper side of the pattern breaks upwards. This breakout represents a key point in technical...

MonoCoinSignal

In the weekly timeframe for Lido (LDO), we observe that the overall market trend is bullish. This trend is identified by noting that the lows are higher than the previous lows, and the highs are higher than the previous highs. The price is moving within an ascending channel and is heading towards the main target, which is the top of the main channel. There are...

MonoCoinSignal

In the daily timeframe, Helium continues to trade above its ascending trend line, which acts as a crucial support level for it. If it supported by its trendline, the next target will be the Fibonacci level 1 area, which is marked with an orange box. Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.

MonoCoinSignal

INJ is currently trading above its key support level of $38. If the price manages to break through the 0 Fibonacci zone, it is expected to initiate a strong upward trend aiming for the $60 target. Furthermore, the Ichimoku Cloud analysis also strongly supports this bullish perspective, indicating a high probability of achieving positive price forecasts for INJ. ...

MonoCoinSignal

1INCH has broken its critical resistance at the $0.60 zone and is now trading above this level, indicating a significant bullish movement. This level now acts as a new support, and we might witness a price retest of this level, which could set the stage for the next bullish wave. If this support holds, it is expected that the price will move towards its next...

MonoCoinSignal Updated 

As Bitcoin approaches the formidable $69,000 threshold , the all-time high acts as a static resistance level, a summit that bulls have yet to conquer. The chart illustrates this pivotal point with a thick red line, representing a ceiling that Bitcoin has tested but not breached. The tapestry of red and blue trend lines crisscrossing below the ATH serves as a...

MonoCoinSignal Updated 

Bitcoin is currently trading at $62,600, showing resilience with a moderate increase of 0.71% from the opening price. This uptrend is supported by a positive change from the previous day, reflected in the trading volume of 3.767K BTC. The market appears to be in a bullish phase, as suggested by the day-over-day increase, indicating sustained buyer interest. ...

MonoCoinSignal

In the weekly analysis of ATOM, the price oscillation between two marked zones stands out. These fluctuations within the ranges are identified as a trading range, indicating a relative stability of the price between these two levels. We witness that this oscillatory movement occurs within the context of an upward trend, where the downward candles represent the...

MonoCoinSignal

The price trend of Cardano is identified as bullish, and it is positioned within an ascending channel. It is expected that the price will oscillate between the ceiling and the floor of this channel. The price was located at the channel's ceiling and had been predicted to possibly decrease to the channel's floor. The price is corrected to the floor of the channel,...

MonoCoinSignal

On the weekly timeframe the support area marked by the blue box plays a key role in supporting the price and initiating a growth phase. After the price approached this support area, we witnessed a positive market reaction and the start of an upward trend. During this uptrend, the price reached the orange-colored resistance box, which had been previously identified...

MonoCoinSignal

Based on the weekly and daily charts, we have witnessed the complete breakdown of the previous resistance zone. This event is followed by a pullback to the level that had been breached earlier. Such a pullback movement could signify the confirmation of the resistance breach and a change in trend direction. Observing a consolidating candlestick at this level...

MonoCoinSignal

In the weekly timeframe, if Rose secures a price above the upcoming resistance area at $0.16400, it will head towards the specified targets. Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.

MonoCoinSignal

The weekly analysis of XLM reveals an uptrend, marked by higher lows and highs. A triangle pattern breakout upwards has also been noted. Prices are expected to hit targets identified within orange resistance zones, though a retracement to the breakout level remains a possibility. Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts,...

MonoCoinSignal

Gold 's latest price action offers a gleaming outlook as it flirts with the pivotal $2131 mark, showcasing a vigorous attempt to redefine its all-time high (ATH). The provided chart underscores a narrative of a bullion ascent, mapping out the psychological and technical battlegrounds ahead. All-Time High Resistance : The ATH, boldly marked, represents an...

MonoCoinSignal Updated 

Bitcoin 's current technical posture suggests cautiousness as it navigates between pivotal support and resistance levels. The MACD indicator points to a decline in upward momentum, implying that the recent upward price trajectory may be losing steam. This is corroborated by observations of bearish divergence patterns since late last year, hinting at a potential...

MonoCoinSignal Updated 

In the 1-hour timeframe, Bitcoin's price is exhibiting signs of consolidation with current levels at $52,000. This consolidation is encapsulated by the Bollinger Bands, which have tightened significantly, signaling a decrease in volatility and hinting that a breakout could be imminent. The MACD's position above the signal line would typically be a bullish sign,...

MonoCoinSignal Updated 

Market is finally giving us some confirmation. Bitcoin is showing resilience as it trades at $51568, having found a stable footing above the lower Bollinger Band which suggests a support level around $50621. The recent close is higher than the opening price, indicating buyers have stepped in to push the price upward. The MACD, a key indicator of momentum, has...

MonoCoinSignal

Our technical analysis of the BAKE 4-hour chart indicates a period of consolidation. The price has recently closed at 0.4550, with a trading range defined by a low of 0.4493 and a high of 0.4578. The moderate trading volume of 1.402M does not point to any significant breakout in the immediate term. From a technical perspective, BAKE is trading within its...