jhindman989

MONA - Short $11.50 - 16.00+ - Great buy points

BITTREX:MONABTC   MonaCoin / Bitcoin
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 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!

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