There is a possibility of the beginning an uptrend 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 52.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
. The RSI downtrend downtrend in the daily chart is 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 (0.00018600 to 0.00014000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00018600)
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
MONABTC
YOU WANNA FEEL LIKE A WHALE? MONACOINMONACOIN is a flash pump coin.
as you can see it is retesting the breakout level. as well the major trendline.
It will hold.
You can also see that price is actually slowly going down, while volume come back and RSI grow up.
For me it is enough to think that it will pump soon.
You can unload in the yellow area.
As we don't know which direction BTC will take, you should not gamble too much on this trade.
BIO
Decentraland VS Bitcoin Uptrend ContinuesAfter Decentraland fond the bottom at 1150 satoshis, back on the 28th of May, price went up and broke above the downtrend trendline as well as the 200 Moving Average. On a correctional move down MANA/BTC rejected the 8/1 Gann Fan trendline for two consecutive times.
At the same time, since 6th of June, MANA has been trading above the Moving Average, and in fact found the strong support there, that is 1350 satoshis. Today price closed above th previous high, suggesting the continuation of the uptrend.
The strong resistance is seen at 2150 satoshis level, that is confirmed by two Fibonacci levels, mainly the 61.8% retracement. While the uptrend is likely to continue, daily break and close the already established support at 1300 satoshis area could invalidate the uptrend resulting in Decentraland moving towards 1000 satoshis psychological support.
MONACOIN ON 1,000% TRAJECTORY COURSE AFTER BOTTOM REVERSALThis coin has been in massive downtrend for a while now. We firmly anticipate immense price action after market recovery begins and bottom is found which will be on either of the two demand zones.
Short term (few days) price change -55%
Medium term (2-7 weeks) price change -15% to 75%
Long term (several month) price change 250% - 1,100%
Conclusion
If you're not interested in long term game, wait for a better opportunity or for support to be found before entry.
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
$$$Buy Alert$$$ MONABTC MonaCoin BITTREX 4 Hour$$$Buy Alert$$$ MONABTC MonaCoin BITTREX 4 Hour Volume Spike Above 20 Period Volume Moving Average and Break out of Asymmetrical Triangle
***Trade with caution over the next few days because of the Memorial Day Weekend Holiday***
Ahhh…MonaCoin Japan’s first cryptocurrency. A real OG coin.
As the title says over the last day or so MonaCoin volume has spiked over the 20 period volume moving average about several times. I’m looking to buy long and hold for the short-term to mid-term target of .00047464 where I will take half my position off and let the rest ride up to the .00049574. Potential target of 5.50% and 10.29% respectfully. Big gains ahead if you are a fan of Mona and want to stack some up of the mid-term run.
Timeframe: This trade will develop over the next 2 to 7 days.
Price Targets with potential profits based on .1 BTC. Adjust the BTC amount based on your trading plan. Plan for the worst and hope for the best. In other words plan to DCA every trade if you are HODL’ing and especially if day trading or swing trading. Always have a trading plan and always acknowledge your personal level of pain/risk and tap out when your threshold is hit. Some of the best traders on the planet are just barely better that 50% traders. The thing that makes them successful is they cut their losers short and let their winners run. None of my bullshit is trading advice. Lose your money that’s on you.
.1 BTC ÷ .00044968 = 222.380359 Mona
Target #1 1.54% .00045670 x 222.380359 Mona = 0.10156111 BTC
Target #2 5.50% .00047464 x 222.380359 Mona = 0.1055506136 BTC
Target #3 10.29% .00049574 x 222.380359 Mona = 0.1102428392 BTC
Target #4 18.69% .00053373 x 222.380359 Mona = 0.118691069 BTC
Target #5 39.95% .00062905 x 222.380359 Mona = 0.1398883648 BTC
Target #6 42.985% .00064277 x 222.380359 Mona = 0.1429394234 BTC
!!!Public Service Announcement’s!!!
1. A special thanks to all for the fucktard whales, sharks and manipulators. Thank you for all of the chaos which is allowing us to enter at great pricing. Hey Jamie “Fuck You” you know who you are!
2. Ryan Coffey. You motherfucker! Go back downstairs in your mothers’ basement and jerk your tiny dick with your Cheeto dust covered hands and stop crying about $551.89. Are you fucking kidding me? Buy low sell high! You have no business trading crypto or any financial instrument. I hope Ripple fight you in court and at trial and they win court costs against you.
3. On Friday, May 25th, 2018 Team McAfee published the Declaration of Currency Independence currencyindependence.com which is a pledge of solidarity to unite the cryptocurrency movement and community! Everyone please visit the website in the link or search for it on your own. The time has come for us to unite and stand together against tyranny, oppression and slavery. Free yourself! Take the Red Pill bitches!
MONABTC, BUY-IN ZONE!MONACOIN has been on a retracement since its last bull run, and has reached its first support, the coin may go on reversal anytime as RSI shows oversold, the red Elliot Wave looks at its peak and is looking for a move up, the MACD still looks down however it can start its way up any time soon, in my opinion, as its the first time it hits this support level after its retracement and sudden spikes may happen. If it finds its support at this level we should see it heading towards its first resistance at the price of 0.0005 BTC HOWEVER this support may be weak if the market goes bearish and we should rebuy at the next support which is 0.00043 BTC.
BUY-IN: 0.00046-0.00047 BTC
Targets:
1. 0.0005 BTC
2. 0.00055 BTC
Stop-loss: 0.00045 BTC
Re-buy: 0.00043 BTC
Good Luck, Traders!
ASHANTI!
Its happenig. Mona ready for 12xMona is done with it's reapeating cycle and is getting ready for the bull run. A potential $40 june peak
MONA's chart is bullishMonaCoin price is about to test 100-Day EMA line. The coin has fleetly bounced from 20-Day EMA which was a key support in the past days. The 100-Day and 50-Day EMA has been acting as a resistance since. Earlier the coin price tested these EMA lines but was not able to break above. MACD is currently below the ‘zero’ centerline, indicating a bearish trend, but I expect a bullish center line crossover in the next few days, when the main MACD line will move above the zero line providing more strength to the bullish trend.
If you look at MONA's chart, the MACD rised above the signal line in the past week. The RSI is reading above 50 and indicates an uptrend. Another bullish signal is visible soon when the 20-Day EMA will rise above the 50-Day EMA.This is popularly known as a golden cross, and interpreted as a buysignal. So, quite a few bullish signs there for MonaCoin. But where can you expect all of this to stop?
MONABTCOn the 1-hour chart we can see that 5 Elliott impulse waves were followed by ABC correction waves pattern. After this Cup & Handle pattern is forming. Right now the price is above Ichimoku cloud moreover the green line is above the red line right in the place of handle formation. Moving averages and Stoch RSI indicates oversold zone. Combining with a strong support we will have completion of the formation and the growth to the targets according to the Fib retracement levels. Buy only when it goes above Fib 0.382
MonaCoin VS Bitcoin Expected To Rise 150%MonaCoin uptrend is still intact since it continues to produce higher highs and higher lows. On the 6th of January price reached an all-time high, hitting btc 0.00175, while at the same time producing spike above the very strong resistance at btc 0.00155.
The corrective wave down followed resulting in a 75% drop. The correction was stopped at 127.2% Fibonacci support, which has been rejected together with the uptrend trendline. At this point, MONA/BTC is likely to continue moving up towards a key resistance at btc 0.00155. Break above will confirm the longer term uptrend, while if rejected, a consolidation or a correction should take place. On a downside, only a break and close below the 30k satoshi support could invalidate bullish outlook.
