MonoCoinSignal

MonoCoinSignal

The MEME token is currently facing difficulty in surpassing the $0.03238 resistance level. We anticipate a potential retest of this critical resistance zone. It will be crucial to observe whether the price can decisively break above this level. Furthermore, the established trendline acts as a pivotal support, underpinning the price action and providing a key area...

MonoCoinSignal

In the daily chart of BNB, it is observed that the price is testing the bottom of the ascending triangle formed at the price range of $580. The significant resistance level is at $632, which, if broken, can be seen as an indication of the continuation of the upward trend. Breaking the support level at $580 could lead to a further decline in price to lower levels.

MonoCoinSignal

MAGA (TRUMP) stock has recently lost a significant support level and subsequently experienced a pullback. Currently, it is on the verge of testing the second support level. This situation indicates that if the second support level fails to hold, we might see a continuation of the downward trend.

MonoCoinSignal

Currently, the price is approaching the support of the upward trend. There is a liquidity zone at the $65,800 level, indicating a potential shadow and a subsequent price increase towards $69,000/$70,000. If the current support is broken, there is a likelihood of the price moving towards $64,000/$62,000. Observing these levels can provide insights into potential...

MonoCoinSignal

Ethereum on the monthly timeframe shows a strong engulfing candle, confirming the strength of the upward trend with its close. Ethereum has a key support level at $3500. This support level can serve as the starting point for a new upward leg towards the previous all-time high (ATH) after completing its pullback. From a technical analysis perspective, if the $3500...

MonoCoinSignal

The price action is currently consolidating within a symmetrical triangle pattern. Given the prevailing uptrend, the probability of an upward breakout is higher. The support zone at the $3.20 area is identified as a significant level, providing stability to the price. Meanwhile, the resistance zone at $4 is crucial. A breakout above this resistance would indicate...

MonoCoinSignal

In the technical analysis of ATOM, supply and demand zones as well as key levels can be identified. Currently, the range of $9 to $9.3 acts as a strong supply zone. This area is considered a significant resistance level that can potentially push the price back down to lower levels. If the price fails to break through this resistance, there is a possibility of a...

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

Cardano is currently testing the support level at the bottom of the triangle. This key point can play a crucial role in determining the future price direction. If this support level holds, there is a possibility of an upward movement and a price rebound to higher levels. However, if this support is broken, a continuation of the downward trend and further price...

MonoCoinSignal Updated 

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

MASK is attempting to stabilize above the downward trend line, indicating the market's desire to shift towards an upward trend. There are two strong support levels at $3.5 and $3.4, which are suitable for step-by-step entry. Short-term targets can be considered at $3.7 and $4. This is merely an analysis and should not be regarded as a buy or sell signal.

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

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

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...