Monacoin; setting up for a heavy launchMona is in the final steps of a very long correction move.As it clearly moving in a beautiful channel, the target will be the channel upper side.
suggestions:
buy price: 0.8-1 $
TP: 800-1000
NOTICE:
trade on your own risk
MONAUSD
Keep an eye on MONAUSDLot's of alts have been doing crazy gains over the past few months. Even after the correction that is happening right now many will still be to high to enter.
MONAUSD is one to keep an eye on.
Green Zone is reload zone based on fib retracement.
Risk to reward in green zone is 1:10
Ideally we see Mona breaking above long term descending trend line, coming back down to retest it, possibly form some W's and take off from there.
When we come down further our indicators will most likely also show us that Mona is oversold and show us buy signals.
Let's see what the future has in store!
Cheers,
W
Mona AKA MoonaJapanese Doge in a beautiful pennant. Watch and learn how history is made, or join and be a part of it.
Monacoin /USDshould be fairly boring and sideways for this pair during the coming week maybe longer. RSI to cool off and MACD to stabilize. Should be a good opportunity to accumulate in the zone between 50% and 78.6% targets for next leg on the chart, around 100% gain expected on next leg.
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.
MONA, lateralized and undecided.MONA has decided to take a break in its long drop and appears lateralized in this narrow channel during the last week; for now it is better to be on the sidelines of this currency until it takes a clear path, although all options seem bearish in the short term.
MonaCoin ScenariosMonacoin has formed a double near $2.8 after which it attempted to break above the downtrend trendline, but no clear breakout followed. Price went back and formed another double bottom at 88.6% Fibonacci retracement.
Clearly there is strong support around $2.8 and this could be a potential reversing point for MONA/USD. But it could be a little premature at this stage to say that trend is reversing as the bearish momentum is still intact.
Bullish scenario: MonaCoin has to break and close above $4.2 resistance in order to move higher, in this case upside target is seen at $7
Consolidation scenario: Price could be trapped between $2.8 support and $3.3 resistance for a little while, break above or below should give some clues on further direction.
Bearish scenario: MONA/USD closes below $2.8 support, this might result in a more decline towards $2 psychological support and perhaps slightly lower - $1.8.
Mona is ready for 300% gainHello Friends,
Here is the next analysis for you.
I am looking at this coin for more than a week now.
It is consolidating for last 23 days, which is big in the crypto world and hovering around the trendline.
Bigger Picture :
The last consolidation was around 40 days and after that, it grew 3-4 times in 14 days, can history repeat the same? Yes possible. Currently, we are on 23 days of consolidation, would it take 40 days like the previous one? I dnot have an answer. So here is the trade,
Buy now (75000), Exit when the trendline is broken or Buy back at 45000
Target 21000
Stop loss: N/A. It can fall upto 35000.
Timeline for this trade is 31 days (17 more days consolidation + 14 days to grow).
Post your questions.
MONA Has Great Potential in The Upcoming WeeksMona's first breakout point was crushed by what BTC was doing. I think Mona has minimum 50% potential once BTC allows for the growth.
Everyone be careful with this trade because of BTC but surely dont let these gains sneak past us.
Stay safe traders.
MONA - Short $11.50 - 16.00+ - Great buy pointsIf we bull our way past ~$15.00 (more importantly, 0.00097 satoshi), we should see a MASSIVE price change in the positive for MONA.
Bollingers are tightening up, indicating a stable price range has been closed upon.
OBV is high, but has been stable for nearly 2 months and historically that means a positive move for MONA.
RSI has clearly penetrated the 14 day RSI MA and stayed above in a parallel fashion.
MACD is above the signal line, but again in a parallel fashion and only above the line by a marginal amount.
So long as BTC doesn't hit 17.5k today, MONA should see a massive pump in the next 3-10 days.
My buy points & amounts are as follows:
0.00084 - 50 MONA
0.00077 - 200 MONA
0.00070 - 300+ MONA
Good luck, and as always, be safe with your trades. Bet what YOU want to bet, but understand what Risk vs. Reward is.
Cheers,
-Jordan
P.S. Please comment, agree, or share this if you found it useful. Feel free to leave me direct messages or say something in here if you have questions, or suggestions on my presentation of this technical analysis. Your feedback is tremendously helpful!
MONA is in an uptrend!Mona is in an uptrend. BITTREX:MONAUSD
Cryptocurrency is in an uptrend.
Breakout is likely to the upside.
MONAUSD Uptrend E -0 Around 14-15$New uptrend by MONAUSD.
Thank you for watching, please keep in mind this is my personal opinion on the Crypto and you should not trade/buy/short based on this information.
Please do your own analysis and give me a big smile :)
- Martzo_ Management,
MONA USD LONG MONA performing breakout on a 3 weeks old support.
Actually on symetrical triangle; IDK what will be the brekout direction, but we can expect a target at ≈ 3.56.
Be carefull at the red line level (3 weeks res)
Trade ex
Buy long @ 3.02
T1 3.56
SL 2.95
Monacoin is Japan's NEO -Will SKYROCKET SOON - Buy NOW!!Monacoin is already being used in japanese shops now. It was added to Japan's top exchange - Bitflyer couple of weeks ago. Only reason price is little down now is because it's the weekend. Soon it will skyrocket and after the Bitcoin fork in November you can upto 5x gains or more, just like Neo skyrocketed after the bitcoin fork in August.
MONACOIN is a Pump & Dump Coin! CRASHING SOON!Monacoin is definitely a pump & dump coin.
All signs show it's going to crash soon. It's Japan's crypto, but it's definitely not in a million years going to be embraced like Bitcoin is worldwide. It's now just going through a pump & dump. Cut your losses if you are invested. If you're not stay far far away from it unless you want to get burned big time.
