gmonad
there's a lot of fear, uncertainty and doubt circulating around this project, which led me to the creation of this post. we generally only focus on projects which get slammed by a swarm of negative sentiment.
monad is a unique layer 1 with really fast transaction speeds. might be the fastest chain i ever used. there is some serious potential here, but before i speak about how high this thing can go, we first have to confirm a clean impulse to around 18 cents.
if we can reach 18 cents, i will share an update with my macro upside target.
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here's some technicals for you,
monad came down in 3 waves, through a double zig-zag,
it tested its ico price last night at 0.025 and saw a high volume candle which indicates demand.
the market is leaning heavily bearish on this pair, which means the long \ short ratio is stacked. currently, as of me writing this, there is 23 longs, and 608 shorts. usually when you get l/s ratio like this, it results in significant squeezes. this time, i believe the squeeze will be to the upside.
🎯 = $0.18 in december. 🎅
🌙
there's a lot of fear, uncertainty and doubt circulating around this project, which led me to the creation of this post. we generally only focus on projects which get slammed by a swarm of negative sentiment.
monad is a unique layer 1 with really fast transaction speeds. might be the fastest chain i ever used. there is some serious potential here, but before i speak about how high this thing can go, we first have to confirm a clean impulse to around 18 cents.
if we can reach 18 cents, i will share an update with my macro upside target.
---
here's some technicals for you,
monad came down in 3 waves, through a double zig-zag,
it tested its ico price last night at 0.025 and saw a high volume candle which indicates demand.
the market is leaning heavily bearish on this pair, which means the long \ short ratio is stacked. currently, as of me writing this, there is 23 longs, and 608 shorts. usually when you get l/s ratio like this, it results in significant squeezes. this time, i believe the squeeze will be to the upside.
🎯 = $0.18 in december. 🎅
🌙
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.