MONA is the first Japanese cryptocurrency and is the go to coin for the Japanese people. I'm not really up to date with the fundamentals of this coin but it is an established coin and has been around since 2014. Also, Japan is starting to become more and more crypto-friendly and the Japanese are getting more crypto-aware, so this should be an opportunity for MONA....
MonaCoin moving in Ascending Channel, now we on its support. Plus now price formed Falling Wedge, after breakout we expect movement to supply areas shown on chart. Entry now Target 1: 107 (50%) Target 2: 148 (100%) Target 3: 175 (150%)
Hello 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. ...
Food for thought... My predictions is price to roar back to 8-9K's in the next 1H
If 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...
MONABTC looking like a strong buy today as its breaking out of the falling wedge pattern. This reversal could be pretty big considering the last pattern back in mid-october. Either way this is a good coin to be holding while youre on vacation during holidays. OPtimal take profit would be around 130-150k, probably will take place before the new years.
MONABTC idea Based on previous cycles and fib.projection As long as the very bullish cryptomarket keep the pace, I think this projection is possible. Remember to do you own research and remember that crypt is a risky business. Dont invest more than you can afford to loose, use stop loss. I dont take any responsibilty for
I believe Monacoin is about to break out of the triangle today or tomorrow, when it happens it will probably reach the ATH again, potentially surpassing it. It means at least 100% profit.
This is very risky trade because we expect high volatility of BitCoin after CME. But there could be amazing profit. Support is very strong and rotation is obvious. Japanese favourite coin. That is all you musst know.
When In doubt zoom out.. Very interesting spot for MONA, Will history repeat itself??
After a big bull run, MONA is forming an ABC correction that should bounce off the trend line established by the previous move. RSI has also bottomed out, we are close to touching fib support and the SMMA 50 represented by the purple line. If we close below the established trend line exit the trade. Good luck.
MACD is about to cross and it is a good spot to buy some more MONA to be prepared for coin burn @ block 1179440 (December 2nd)
$MONA is getting ready to break bull flag and is sitting on top of a floor from the old ceiling. I see another impulse happening soon.