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.
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.
הערה
Monacoin at the supportהערה
same view, uptrend expected,price remains at the support
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.