MonoCoinSignal

MonoCoinSignal

DYDX has strong support at the $2 level and is currently attempting to break out of its short-term downtrend. If this breakout is confirmed with increased trading volume, price targets of $2.14 and $2.20 are achievable.

MonoCoinSignal Updated 

In the four-hour timeframe, ICP is currently consolidating above the support level of $12. Given the ongoing upward trend, it is expected that the price will reach the resistance level of $14. If the current support is breached, the next support level indicated on the chart will act as a potential correction point.

MonoCoinSignal Updated 

Shiba Inu is experiencing compression within a significant triangular pattern. This situation can typically lead to a price breakout. It is advisable to closely monitor the market.

MonoCoinSignal Updated 

Solana, after forming a false breakout, is currently trading in a ranging pattern. This indicates a period of consolidation and indecision in the market. Given this situation, it seems that Solana is experiencing the calm before the storm. This consolidation phase might serve as a preparatory stage for a strong upward or downward movement.

MonoCoinSignal

Pepe2 is currently testing the upper boundary of the triangular pattern and facing resistance at 8400. If this resistance is broken and the price stabilizes above it, we may witness a stronger upward movement. However, if it fails to break this resistance, we could see a price retracement to lower levels and continued movement within the triangular pattern.

MonoCoinSignal

Bitcoin surged to the selling zone above $70,000 and was rejected again. Currently, it has strong support in the $67,000 to $65,800 range, which could potentially push it back towards the $70,000 to $71,000 resistance level. Keep an eye on your watchlist, as long as the main ascending trend line at around $65,800 is not broken, you can look for long positions...

MonoCoinSignal

HIFI is currently trading within a triangular pattern and is attempting to break through the upper resistance line, which coincides with the 0 Fibonacci resistance level. Successfully breaking this resistance would pave the way for HIFI to challenge the next resistance level.

MonoCoinSignal

On a 4-hour timeframe, the support and resistance levels of the price range have been identified. When the price reaches either of these specified levels, we can focus on the price reaction after receiving confirmation from either direction. This approach allows us to make informed trading decisions based on the observed price action at these critical levels.

MonoCoinSignal

ENJ is currently forming a small triangle pattern and is attempting to break below the uptrend channel. The key resistance levels to watch are at $0.3560 and subsequently at $0.37. On the downside, the support level is around the $0.3370 area, with the current price hovering around $0.3460. Given the overall bullish sentiment in the market, this potential...

MonoCoinSignal

Theta is positioning itself in a critical zone on the 4-hour chart. The market is exhibiting a pattern that suggests potential significant movements based on the next few candlesticks. It is trading near a solid resistance level around 2.57, a price point marked by previous highs and recent price action. The current area around 2.295 is pivotal. Breaking above or...

MonoCoinSignal

The ascending channel clearly defines both support and resistance levels. The lower band of the channel acts as dynamic support, while the upper band serves as resistance. Recently, the price has tested the lower boundary of the channel, suggesting strong support around the 0.00001560 level. The RSI is currently near the midline (50 level), testing its moving...

MonoCoinSignal

The current price of PENDLEis 6.640, trading within an ascending channel as shown in the 1-hour timeframe. The market dynamics are defined by the interaction with the channel’s lower boundary and the RSI trends. Technical Indicators and Analysis The ascending channel defines the current support and resistance levels, with the lower band acting as a dynamic...

MonoCoinSignal

TON is currently within a significant triangular pattern. The primary support level for this cryptocurrency is near $6, while the resistance level is around $7.3. The support level at $6 acts as a strong floor to prevent further price declines, while the resistance level at $7.3 serves as a significant ceiling to halt further price increases. If the price manages...

MonoCoinSignal

Solana is currently testing its upward trendline on the daily timeframe. If the price stabilizes above this line, it can be expected to move towards the next resistance level. It is noteworthy that confirmation of the upward trendline breakout and higher trading volume can serve as stronger indicators for continued upward movement.

MonoCoinSignal

If IMX manages to break through the key red resistance level and stabilize above it, there is a high probability that it will reach new price levels. This could indicate the beginning of a new upward trend, attracting the attention of many investors and analysts. It is also important to consider trading volume and overall market conditions to ensure the...

MonoCoinSignal

In the TWT chart, a triangular pattern has formed, with the upper resistance line being particularly significant. According to the current analysis, there is a high likelihood of breaking through this resistance. If this breakout occurs, it is anticipated that the price could potentially increase by around 15% from this range. It is recommended to closely monitor...

MonoCoinSignal

In the four-hour chart, CELO is currently oscillating below the key resistance level at $0.9262. If this resistance level is broken, there is potential for an upward move towards the target of $1.0250, indicating a significant growth potential. However, if the price breaks below the ascending black trend line, it may enter a corrective phase.

MonoCoinSignal Updated 

Bitcoin has encountered resistance at the $71,300 level once again. Should Bitcoin successfully break through this resistance, the next target is projected to be $74,000.