MonoCoinSignal

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.

MonoCoinSignal

Bitcoin, after a period of correction, has reached its daily support level and is showing signs of forming initial support nuclei. It is expected that after a period of sideways movement in this range, Bitcoin will move towards the 69,900 resistance level. If it successfully breaks this resistance, the new target of 75,400 will be within reach. The priority is to...

MonoCoinSignal

AXS is currently moving along its upward trend line, which serves as strong support. It is gradually approaching a key resistance level around the $8.5 mark. Traders should pay close attention to the price action as it nears this resistance. A successful break above this level could lead to a continuation of the upward trend, while failure to break through may...

MonoCoinSignal

The price of Solana, after attracting funds from a strong support level, started a significant upward trend. This upward movement included a retest of the support level, confirming its strength. After this retest, the price continued to rise towards higher resistance levels.

MonoCoinSignal

Hello Traders! Here’s a quick update on Bitcoin’s price action: Bitcoin broke out of its descending trendline last Wednesday, also confirmed by the RSI. A head and shoulders pattern has formed, indicating a potential trend reversal. Bitcoin faces strong resistance at $67,000. Breaking this level could signal a continued bullish trend. The key support is the...

MonoCoinSignal Updated 

The last day saw a moderate decrease in Bitcoin’s price by 0.44%, signaling a consolidation period post-halving. Trading volume stands at 308K; the context of whether this volume signifies a decrease or increase in trader activity could add significant color to current market sentiment. The price is currently trending below the simple moving average (SMA) of...

MonoCoinSignal

Cardano's price is in a triangle pattern with a resistance at $0.49. If Cardano breaks the resistance at $0.49, it will likely lead to a price pump.

MonoCoinSignal

The total value of all altcoins has reached a low level and its support range on a daily timeframe, which often indicates a good time to buy. This could be an opportunity to invest before their value increases. This is just a guideline and not at all an entry signal. Be sure to do the necessary research before buying and do not forget about risk and capital management.

MonoCoinSignal Updated 

Ethereum has recently formed a bull flag, indicating significant potential for upcoming market movements. On Ethereum's upward trajectory, the first notable barrier is resistance A, and successfully overcoming it could pave the way to reaching the channel's ceiling. If Ethereum can respond positively to these resistances, we can expect a substantial increase in prices.

MonoCoinSignal

This price point is closely approaching a critical support level at 2098, situated at the bottom of a previous gap, indicating a significant area where the asset might find a footing if the downtrend continues. The current price is nearing the lower Bollinger Band, suggesting that SHIB is potentially entering an oversold territory. This could be a precursor to...

MonoCoinSignal Updated 

In the BTC chart, we're seeing a delicate balance as the market decides its next major move. The MACD remains in bearish territory, yet the recent uptick suggests underlying strength that could soon reflect in the price if sustained. However, caution is warranted until this potential reversal is confirmed by a solid bullish candle closure. The RSI hints at...

MonoCoinSignal

The recent analysis of Bitcoin's price dynamics on the Binance exchange, captured on a 4-hour chart, indicates a significant bearish trend. The price has notably broken below a dynamic support within a descending channel, punctuating a swift decline in market value. This descent is further emphasized by a failure to hold above the support around the 51K area,...