MONA's looking for a breakout!
Cycle lines look right, solid support over the last couple days, good upward pressure by the 231MA(white shade area), 7MA crossing up on the 77MA. Price will most likely be rejected by the 231 but not before you see 30% gains, in a short amount of time, like less than a week. If you want to stay in longer, we might see a full on break out. So far MONA has enjoyed some pretty clean cycles, and if 1 plus 2 equals 3 then this next break out could be pretty big. Lemme know what you all think.
Cycle lines look right, solid support over the last couple days, good upward pressure by the 231MA(white shade area), 7MA crossing up on the 77MA. Price will most likely be rejected by the 231 but not before you see 30% gains, in a short amount of time, like less than a week. If you want to stay in longer, we might see a full on break out. So far MONA has enjoyed some pretty clean cycles, and if 1 plus 2 equals 3 then this next break out could be pretty big. Lemme know what you all think.