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Mona did this before and going to do it again. Preparing for a huge attack with promising 40X Mona GrandCycle. Mona is Japanese Doge. But this time it's not about doges. It's about cats and everybody in the web knows that: "Don't fuck with cats" P.S.: I like cats more than dogs and also i am just kidding
MONABTC / cat meme follows doge meme MONABTC about to break bullish flag pattern any time. ab=cd profit projection from this pattern is at 9250 sat, but we need to break bullish flag pattern and flag resistance for confirmation if this coin drops, buyback again and again on the way down general informations: 'Monacoin was Japan’s first native cryptocurrency....
This chart has wicks removed for a little bit cleaner view. Mona has a relatively long history of oscillation, and from these prices on the way up, its a good long.
Mona 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.
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 61. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.000100 to 0.000075). if so, traders can set orders based on Price...
Enter above MMA5, TP1:MMA10, TP2:MMA20 Good luck!
Red setup above resistance - sign of bullish BUY
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 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...
Same Sept 2017 price before the bull run. time to acclimate?
Mona recently up 36% and broke through trend line. We find support at blue line and resist at red box. Good Luck All :)
My tought on Mona, This is my first drawing hope u guys like it, If u have any feed back let me know, This is no trading advise hahaha there a just my toughts about my trade. I'm hoping for a next break out and will make sure my sell order is in the books soo it doesn't really matters when it happens. just not sure about my stop loss. If any off u guys have...